Jadoo Power partners with Millennium Cell on SOCOM program

EATONTOWN, N.J., 1 August 2006. Millennium Cell Inc., a leading developer of hydrogen battery technology, has been selected by Jadoo Power, a licensee of the company's Hydrogen On Demand technology, as a subcontractor under a recent program funded by the U.S. Military's Special Operations Command (SOCOM). This is the first military program on which the two companies have chosen to collaborate; efforts are under way to develop similar fuel canisters for use in commercial applications.

EATONTOWN, N.J., 1 August 2006. Millennium Cell Inc., a leading developer of hydrogen battery technology, has been selected by Jadoo Power, a licensee of the company's Hydrogen On Demand technology, as a subcontractor under a recent program funded by the U.S. Military's Special Operations Command (SOCOM).

The two companies entered into a strategic licensing agreement in February 2006, providing a framework for the development of a chemical hydride N-Stor fuel canister for use with Jadoo's N-Gen and IFS24 products.

This is the first military program on which the two companies have chosen to collaborate; efforts are under way to develop similar fuel canisters for use in commercial applications.

The new program is a follow-on effort to Jadoo's IFS24 power system which was designed to move soldier power from legacy battery solutions to advanced fuel cell technologies. The program focuses on the development of an alternative fuel solution based on Millennium Cell's sodium borohydride technology and Jadoo's N-Stor intelligent digital fuel interface.

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