Company Information for Ballard Power Systems Inc.

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Company Statement

Ballard Power Systems is recognized as a world leader in the design, development and manufacture of zero-emission proton exchange membrane (PEM) fuel cells.
Ballard’s mission is to make fuel cells a commercial reality. By concentrating on what Ballard does best, fuel cells, we are able to leverage our automotive fuel cell technology for less demanding non-automotive applications.
Ballard® fuel cell technology is operating in demonstration programs around the world. Whether taking a fuel cell bus to work, driving a fuel cell car to meetings, or using a fuel cell cogeneration system to provide heat, hot water and electricity to a home, people around the world are experiencing, first hand, how Ballard has The Power to Change the World®.
Ballard Power Systems Inc. was founded in 1979 under the name Ballard Research Inc. to conduct research and development in high-energy lithium batteries.
In 1983, Ballard began developing proton exchange membrane (PEM) fuel cells. Proof-of-concept fuel cells followed beginning in 1989 and from 1992 to 1994, sub-scale and full-scale prototype systems were developed to demonstrate the technology.
These systems have evolved into pre-commercial prototypes and initial commercial products, proving the practicality of the Ballard® fuel cell. Fuel cells are widely viewed as viable alternatives to conventional power and generating technologies.
Ballard launched its first commercial fuel cell product, the Nexa™ power module, in 2001.
Today Ballard is recognized as the world leader in developing, manufacturing and marketing zero-emission PEM fuel cells. Ballard is also a Tier 1 automotive supplier of friction materials for power train components.

Company Diagram

Ballard's Mark1020 ACS ranges in size from 300 watts to five kilowatts.

Operations and Technology

Ballard Power Systems is recognized as the world leader in the design, development, and manufacture of zero-emission proton exchange membrane fuel cells. Ballard offers a variety of fuel cell products to support customers’ power requirements for transportation, stationary, and portable applications. Working with its customers and partners, Ballard continues to improve its fuel cell technology to meet and exceed customer expectations.
Ballard’s renowned Mark902 has established a new standard for fuel cell performance, while also demonstrating its compatibility with a variety of auto manufacturers’ system requirements.
The new Mark9 SSL™ leverages the automotive technology into a scalable design offering power increments from 4 to 21 kilowatts to meet customer requirements for both motive and stationary power applications.
Ballard also offers a one kilowatt Mark1030 fuel cell for integration into a combined heat and power (cogeneration) system, currently being deployed in the Japanese residential market.
Designed primarily for backup power applications, the Mark1020 ACS leverages Ballard's air-cooled fuel cell technology expertise to deliver significant improvements over earlier product prototypes.
The 1.2 kilowatt Nexa® power module continues to be a quality product for integration into stationary or portable power generation applications, and is also offered as part of an education package to post-secondary institutions for training in fuel cell technology.

Geographical Spread

Ballard's Corporate Headquarters and initial fuel cell manufacturing facility, Plant 1, is located in Burnaby, a suburb of Vancouver, BC, Canada. The 110,000 square foot (10,219 square meter) facility was commissioned in December 2000. Plant 1 will meet Ballard's initial commercial needs.

Ballard's research and development headquarters is located adjacent to Ballard´s Corporate Headquarters in Burnaby. This facility is used for fuel cell and fuel cell systems development, assembly and testing, and for heavy-duty fuel cell engine activities.

Ballard Material Products, which manufactures high quality carbon fiber products for the aerospace, automotive, electrical, fuel cell and sports equipment industries, is located near Boston in Lowell, Massachusetts, USA.

Ballard maintains a small office in Nabern, Germany, to service our customers, manage our European sales and business development activities and coordinate our development activities with DaimlerChrysler and Ford.

Board of Directors and Key Management

Management Team
John Sheridan	President & Chief Executive Officer
Lee Craft	Vice President, Operations
Chris Guzy	Vice President and Chief Technology Officer
Noordin Nanji	Vice President & Chief Customer Officer
David Smith	Vice President & Chief Financial Officer
Peter Stickler	Vice President, Human Resources
Board Directors
Ian A. Bourne
Ed Kilroy
Dr. C. S. Park
David Prystash
Dr. Gerhard Schmidt
Dr. Hans-Joachim Schöpf
Dr. Gerri Sinclair
David J. Smith
David B. Sutcliffe
Mark Suwyn
Dr. Thomas Weber
Douglas W. G. Whitehead

Company Address Corporate Headquarters 9000 Glenlyon Parkway Burnaby, British Columbia, Canada BC V5J 5J8 Telephone: 604.454.0900 Facsimile: 604.412.4700 Email: investor[at]ballard.com Website: http://www.ballard.com

Additional Address/Key Contact Investor Relations Contact: Nick Kovics Lori Vetter 604.412.3195 investors@ballard.com

Related News

04/05/06 - Ballard Power Systems Sees Its Future In The Far East

Most Recent Statement

02/08/07 - Ballard-Powered Buses on British Columbia Roads in 2009
25/07/07 - Ballard Announces Second Quarter 2007 Results
23/07/07 - Ballard recognizes top suppliers of 2006
17/07/07 - Ballard Announces 2007 Second Quarter Financial Results Conference Call
09/05/07 - Ballard Power Systems Announces Annual General Meeting
06/05/07 - Ballard Signs Supply Agreement with Plug Power for Materials Handling Market