United States, Fl... "DCH TECHNOLOGY, INC. OTC-BB: DCHT July 13, 1999 27811 Avenue Hopkins #6 Valencia CA 91355 IR Phone 805-775-8120 ext.11 Shares Outstanding: 12.5 million Email [ Please use our messaging system ] Float: Approx. Under 4 million Web http://www.dcht.com DCHT has no outside debt HYDROGEN SENSORS - FUEL CELLS - GAS DETECTORS & MONITORS DCH Technology, Inc. is a manufacturer of hydrogen sensors, gas detectors and process monitors; the technology licensed from the Sandia National Laboratory. The current market for gas sensors is estimated at US$2 billion today, and growing. http://www.dch-technology.com/rhs.htm DCH has projected $105 million in revenue and $26 million in net profit, spread over the next 5 years from sales of the Robust Hydrogen Sensor. This forecast does not factor in revenue from other products. http://www.dch-technology.com/sharmtg/1998fin.htm Current customers for the Robust Hydrogen Sensor include NASA, General Dynamics, General Electric, Ford, Westinghouse, Allied Signal, General Motors, Lockheed Martin, The US Naval Medical Research Institute, Phoenix Gas Systems, and many others. http://www.dch-technology.com/about.htm DCH has been quietly preparing to provide the safety systems necessary for the emerging hydrogen energy industry. US hydrogen sales have grown at an average annual rate of more than 25% during 1993-1997, including the addition of 7 on site plants to serve gasoline refineries. Hydrogen becomes explosive when it reaches just 4% concentration in air; therefore monitoring and measuring the fluctuating levels, in order to activate safety control equipment or to sound alarms is vital to avoid explosions and loss of life. Only the DCH sensor is equipped to monitor variations in levels of hydrogen in extreme industrial environments, to signal the increasing danger and the need for maintenance. http://www.dch-technology.com/rhs.htm DCH sensors are being used in nuclear safety projects with Westinghouse. Their first project was the retrofitting of the Leningrad nuclear reactor, with Robust Hydrogen sensors. http://www.dch-technology.com/pr20.htm DCH anticipates significant revenue from the power transformer and semiconductor industries, and has taken the first steps towards penetrating those highly lucrative markets. http://www.dch-technology.com/transfor.htm DCH also anticipates significant revenue from the $ 5 Billion annual highway infrastructure and bridge repair industry, and has taken the first steps towards penetrating those markets. http://www.dch-technology.com/pr28.htm Daimler Chrysler has said that their electric powered fuel cell cars will be ready for testing in California by 2001. Every one of those cars will need several reliable sensors. DCH believes that their sensor technology will play a vital role in the development of these fuel cell powered cars. In a May 19, 1998 press release, David Haberman, DCH Chairman and VP of technology and planning stated, ""DCH's proprietary hydrogen and natural gas sensors provide fast, accurate gas measurement that is necessary for both integrated safety and feedback control in refueling systems. The transportation applications demand chemical selectivity to prevent false signals and the Robust Hydrogen Sensor and Universal Gas Sensor are both designed to provide high signal confidence. Based on our discussions with Ford and General Motors, we believe that the use of DCH equipment in the production of these vehicles, on-board these vehicles and in the refueling infrastructure will be specified by both OEMs and the evolving regulations."" http://www.dch-technology.com/pr12.htm HYDROGEN-POWERED FUEL CELLS DCH is teamed with the US Dept. of Energy's Los Alamos National Lab developing the PEM Fuel Cell. The total market for fuel cells in 1998 was $355 Million and is projected to reach US $1.3 Billion annually by 2003, a 29.5% annual growth rate. Companies in Asia, Europe, and the US are readying production lines to satisfy fuel cell markets estimated to be worth several billion dollars annually, over the next ten years. DCH is also developing smaller fuel cells to power scooters, motorbikes, and rechargeable batteries. LATEST SIGNIFICANT DEVELOPMENTS May 20, 1999 DCH Technology Inc. Retains Broker Relations Specialists To Inform Wall Street Brokers About Its Hydrogen Fuel Cells & Safety Systems. http://biz.yahoo.com/prnews/990520/sc_dch_tec_1.html May 12, 1999 U.S. Rep. Howard P. ""Buck"" McKeon, ( CA) announced that DCHT was chosen by the Department of Energy's Hydrogen Program to lead a multi-disciplinary effort on the production and use of hydrogen power on ships. DCH Technology will manage a team of 22 organizations which includes Allied Signal, Pacific Marine, Hydrogen Burner, CryoFuel Systems and the American Bureau of Shipping, to address a complete sector of commercial hydrogen energy. The team will include shipbuilders and fleet operators, working with fuel cell and fuel generator manufacturers and integrators, to ensure a complete infrastructure approach. http://www.the-signal.com/business/0599/051399b.html May 6, 1999 DCH Doubles Its Hydrogen Sensor Manufacturing Capacity. This new production and test capacity will allow DCH to respond to the increased demand for their proprietary hydrogen sensors, process monitors and leak detectors. http://www.dch-technology.com/pr35.htm April 27, 1999 DCH TECHNOLOGY INC., EXPANDS FUEL CELL OPERATIONS, beginning May 1, 1999, into a new and larger facility outside of Madison, Wisconsin, to accommodate the design, development and pilot production operations for its proprietary Hydrogen Fuel Cells. http://www.dch-technology.com/pr34.htm April 8, 1999 DCH successfully demonstrated their PEM Hydrogen Fuel Cell, for the first time publicly, at the 10th Annual National Hydrogen Association Meeting in Vienna, Va., simultaneously powering a small portable television, a CD player and a fluorescent light. http://www.dch-technology.com/pr33.htm Mar. 25, 1999 DCH forms Strategic Alliance with Xybernaut Corporation to Co-Market and Sell the Xybernaut Wearable Computer, the Mobile Assistant, (MA-IV), Integrated with the DCH Robust Hydrogen Sensor. This gives DCH immediate access to Xybernauts' already established sales, marketing and distribution channels. The integrated product will be unveiled April 7th through April 9th at the NHA meeting. http://www.RamCapitalManagement.com/xybr.htm Mar. 15, 1999 DCH unveils its first Carbon Monoxide gas monitor with Embedded Artificial Intelligence. This revolutionary new sensor, also known as their Universal Gas Detector, will now permit integrators to install CO sensors into safety and process monitors in over 200 industries worldwide. DCH has a backlog of orders for this sensor and will begin full-scale production this year. http://biz.yahoo.com/bw/990315/tx_technol_2.html Mar. 4, 1999 DCH and Allied Signal announced a multi year strategic alliance to integrate DCH sensors into AlliedSignal products for hydrogen energy and other systems. http://www.dch-technology.com/pr29.htm Feb. 17, 1999 DCH Sensors have been selected by Antaeus Corporation for use in its ""smart'' bridge monitoring system, to be used for corrosion detection associated with aging bridge structures. The U.S. Government spent $5 Billion in 1998 maintaining and rehabilitating bridges. http://www.dch-technology.com/pr28.htm Feb. 11, 1999 DCH and Freewing Aerial Robotics Corp., have begun a development program to integrate Hydrogen PEM Fuel Cells into the Freewing Tilt-Body Unmanned Aeronautical Vehicle (UAV). UAV's are in demand in both military and the emerging commercial marketplaces with total market demand estimated at between $2 to $4 Billion. http://sdcd.gsfc.nasa.gov/ISTO/dro/dro_freewing.shtml Feb 18, 1999 NASA awards FreeWing the UAV contract. http://www.freewing.com/pr_021898.html Nov. 18, 1998, DCH Chairman Dave Haberman is appointed to the Hydrogen Technical Advisory Panel (HTAP) to the U.S. Congress, by Dept. of Energy Secretary Bill Richardson. http://www.eren.doe.gov/hydrogen/haber.htm HTAP reports to Congress on the Department of Energy's implementation and appropriations pursuant to the Hydrogen Future Act; authored by DCH board member Bob Walker and signed into law in 1996. DCH Chairman Dave Haberman is also the 1999 President of the California Hydrogen Business Council, which is active in promoting the growth of hydrogen and also coordinates with and supports the goals of the National Hydrogen Association. http://www.wmrs.edu/ricksweb/ch2bcweb/index.htm The D...
Chief Executive Officer