Company Name: Stuart Energy Systems Corporation

Company Type: Manufacturer & Exporter

Company Category:

Company Profile

Stuart Energy Systems Corporation recently announced it has formed a strategic partnership with the Hydrogen Car Company (HCC), a privately held, California-based company focused on "developing and marketing a new generation of cars and trucks that are powered by hydrogen internal combustion engines (H2ICEs). To support the sale of its vehicles, Stuart Energy said HCC will exclusively offer Stuart Energy hydrogen fueling infrastructure solutions to its customers, "ranging from the Personal Energy Stations (PES)...to large-scale Hydrogen Energy Stations (HES)...."

About Company

Stuart Energy noted that HCC has partnered with automotive manufacturer and entrepreneur Carroll Shelby, through Carroll Shelby Licensing, Inc., to jointly develop a full line of H2ICE-powered vehicles that will be manufactured by Shelby and sold and serviced by HCC directly. Stuart Energy said HCC and Shelby plan to modify the engines and fuel storage systems of new and existing sport coupes, sport utility vehicles (SUVs) and pickup trucks to run on hydrogen, with production expected in 2004. "For hydrogen to be widely adopted as a replacement for fossil fuels, we must get commercial products in the hands of consumers," said Stuart Energy president and CEO Jon Slangerup. "We believe our strategic partnership with HCC will increase the demand for our innovative hydrogen infrastructure products and accelerate the mass adoption of hydrogen as a clean, safe fuel."