BCC Report: Market Potential For Metal-Air Fuel Cells

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

SUBSCRIBE/UNSUBSCRIBE |

Conservation & Wildlife

Corporate Responsibility

Science & Technology

Syndication Partners

**************************************************************************

E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE

**************************************************************************

For Immediate Release

BCC Report: Market Potential For Metal-Air Fuel Cells

Highlights Trimol Group's Aluminum-Air Fuel Cell Technology

NEW YORK, NEW YORK, Oct. 15 -/E-Wire/-- Trimol Group, Inc. (OTC-BB: TMOL - news; the "Company') announced today that Business Communications Company, Inc ("BCC') has just completed a Company commissioned independent report entitled "Market Potential For Metal-Air Fuel Cells.'

Trimol Group holds the world-wide rights to an aluminum-air fuel cell technology for use in portable consumer electronic products and devices which was developed by Aluminum-Power, Inc., a Toronto, Ontario, Canada based alternative energy development company.

The BCC report states "Because of the long shelf life, stability, safety, drain time, energy density, power and environmentally benign character of aluminum-air fuel cells, they are positioned to take a significant market position in the world of premium power sources.' The report elaborates on Trimol Group's technology stating that its "aluminum-air fuel cells offer realistic market opportunities. The overall safety of the technology make it a premium power source suited to many applications in both the near term, in the 2001-2006 time frame, and beyond.'

The Company believes that the aluminum-air fuel cell market potential for portable consumer electronics presents significant opportunity. The BCC report claims that it is anticipated that there will be a 1.4 - 1.8 billion cellular telephones worldwide by 2006, using 1.8 - 2.16 billion batteries. BCC projects that metal-air fuel cells could take 6% of the projected $108 billion retail cellular telephone battery market. The BCC report further states that "camcorders and digital-camera batteries offer an especially attractive niche for metal-air fuel cells.' Out of a projected base of 151 million camcorders worldwide by 2006, a $2.58 billion market, BCC predicts that metal-air fuel cells could expect to take 12% of the market. Laptop computers also offer an attractive projected market share. With a projected 240 million units in use worldwide by 2006, BCC predicts that metal-air fuel cells could expect to take 4% of this multi-billion dollar market segment.

Prior to the release of the new report, much of the publically available information on metal-air fuel cells was outdated. Rafael Ferry, the Company's VP of Marketing stated "BCC's new report provides a clear understanding of the metal-air fuel cell industry and the phenomenal market potential of the Company's aluminum-air fuel cell technology.' The 98 page report examines all facets and applications of metal-air fuel cells and includes 37 detailed and exhaustive tables. A summary of the report is available on the Company's web-site at www.trimolgroup.com.

Since 1971, BCC has provided important technical and economic studies that address vital concerns in marketing and strategic planning. BCC's uncompromising standard for excellence insures that its reports are reliable, timely and an indispensable source of information. Authored by fuel cell experts Anna Welch Crull, Alton Parish and Colonel Dick Hooker (USA Retired), the new BCC report establishes the significant market potential of the Company's aluminum-air fuel cell technology.

For more information, please contact Rafael Ferry, Vice President of Marketing for Trimol Group at [REDACTED-PHONE], extension 224 or via e-mail at [REDACTED-EMAIL].

Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In addition to the factors set forth above, other important factors that could cause actual results to differ materially include, but are not limited to, technical risks associated with new technology development, government regulatory approvals and access to working capital. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filing. Copies of these filings may be obtained by contacting the Company or the SEC. The Company undertakes no obligation to update any of the forward-looking statements contained in its press release.

http://www.trimolgroup.com

http://www.aluminum-power.com

**************************************************************************

To Transmit Your News Over E-Wire, visit http://www.ewire.com or

call 1-[REDACTED-PHONE]. E-Wire Is Broadcast To Millions Of Readers Worldwide

**************************************************************************