Corporate | 28 January 2005 13:05

Masterflex AG and Hawk Bikes develop transport vehicles powered by fuel cells

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— Masterflex AG and Hawk Bikes develop transport vehicles powered by fuel cells Gelsenkirchen, January 28, 2005. Gelsenkirchen-based Masterflex AG (ISIN DE 0005492938) and Hawk Bikes E&M GmbH, Berlin, will cooperate to develop an innovative transport vehicle. The target of the cooperation is the development of cargobikes (bicycles for the transport of smaller load), which are supplied with Masterflex’ fuel cells and an innovative power supply. Hawk Bikes is a successful company developing spezialised und customised bike solutions. Masterflex and Hawk Bikes see a substantial market potential. Hydrogen infra-structure and cartridge technology shall already be available in the middle of 2005, thus being the basis for an area-wide application of cargobikes. The joined project is co-financed by the European fonds for Regional Development (EFRE) and The land Northrhine-Westphalia. Both companies are very confident that the cooperation will contribute to a successful market entry of fuel cell systems. Already in the year 2005 the first marketable cargobikes shall be presented to the public. Further information: Masterflex Brennstoffzellentechnik, Konrad-Adenauer-Str. 9-13, 45699 Herten schulte@masterflex-bz.de, Tel. +49 2366-3051-91, Fax 02366-305-195 Masterflex AG, Willy-Brandt-Allee 300, 45891 Gelsenkirchen, kniep@masterflex.de, Tel. +49 209-9707744, Fax +49 209-9707720 end of message, (c)DGAP 28.01.2005 —————————————————————————— WKN: 549 293; ISIN: DE0005492938; Index: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart 281305 Jän 05