Legit Reviews

Eatontown, N.J.— August 29, 2005 — Millennium Cell Inc. (NASDAQ: MCEL), a leading developer of hydrogen battery technology announced today the award of Phase II funding to continue its program with the U.S. Air Force’s Advanced Power Technology Office (APTO) and the Department of Defense (DoD) Fuel Cell Test and Evaluation Center (FCTec) operated by Concurrent Technologies Corporation (CTC). In the second year of the program, Millennium Cell will develop an advanced solid borohydride fuel module for the 5kW system that was successfully demonstrated at FCTec during the program’s first phase. Millennium Cell will deliver the design and critical components of the module that will be constructed and tested by CTC personnel at FCTec.

The DoD contracted with CTC to develop Common Core Power Production (C2P2) technology for the APTO by utilizing fuel cell systems as interchangeable power sources for military equipment. The solid fuel systems developed by Millennium Cell under this program will support the broad C2P2 initiatives of fielding affordable, integrated, reliable, zero-emissions, zero-grid military and civil aircraft service event capability for the U.S. military.

“This follow on award is evidence of our ability to deliver against C2P2 program objectives and further demonstrates the scalability of our hydrogen storage technology for use in a variety military and industrial applications,” commented Adam Briggs, Millennium Cell President. “We are pleased to be working with Concurrent Technologies and FCTec to deliver this technology to the U.S. military.”

About Millennium Cell
Millennium Cell develops hydrogen battery technology through a patented chemical process that safely stores and delivers hydrogen energy to power portable devices. The borohydride-based technology can be scaled to fit any application requiring high energy density for a long run time in a compact space. The Company is working with market partners to meet demand for its patented process in four areas: military, medical, industrial and consumer electronics. For more information, visit http://www.millenniumcell.com

About Air Force APTO
The Mission of the APTO is to integrate Advanced and Alternative Power Technologies into Aerospace Ground-Support Equipment (AGE), vehicles, Munitions Material Handling Equipment (MMHE), and Basic Expeditionary Airfield Resource (BEAR) equipment in an effort to support the entire spectrum of global military engagements. The APTO collaborates with other branches of the military, private industries and universities for the research and development and acceleration of advanced power capabilities.

About Concurrent Technologies Corporation
Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied research and development professional services organization providing management and technology-based solutions to a wide array of clients representing state and federal government as well as the private sector. Established in 1988, CTC operates from more than 35 locations with a staff of over 1,300 employees. For more information about CTC, please visit http://www.ctc.com

About FCTec
The Fuel Cell Test and Evaluation Center (FCTec) is operated by Concurrent Technologies Corporation (CTC) for the U.S. Army Corp of Engineers’ Engineer Research and Development Center/Construction and Engineering Research Laboratory (ERDC/CERL). The FCTec is a national resource facility for the independent, unbiased testing and validation of fuel cell systems for both military and commercial applications. The FCTec's primary goal is to significantly accelerate the development and commercialization of fuel cell systems, fuel infrastructure and fuel processor systems through comprehensive research, development, test and evaluation, integration, and optimization services. For more information about the FCTec, please visit http://www.fctec.com