Protonex Increases Second Round Funding to $11 Million-Portable Fuel Cell Company Also Adds Board Members
Southborough, MA
June 9, 2005 -- Protonex Technology Corporation, a leading manufacturer of high performance fuel cell power systems for portable and remote applications, announced that it has increased its previously announced second round of institutional funding from $9 million to $11 million. The additional $2 million in funding was provided by Venture Capital Fund of New England (VCFNE), Yellowstone Energy Ventures, L.P. and Parker Hannifin Corporation; Parker Hannifin also participated in the initial $9 million round that closed on April 1, 2005. Scott Pearson, CEO, Protonex, stated, "Being oversubscribed for this round allowed us to be selective in choosing our new investment partners, all of whom bring more than money to Protonex." Mr. Pearson also announced that Akbar Naderi, Group Vice President, Parker Hannifin, and John Berger, Managing Director, Contango Capital Management, have joined the Board of Protonex, bringing the total number of directors to seven.
About Protonex Technology Corporationwww.protonex.com. Protonex is a privately held, venture-backed company based in Southborough, MA. The company manufactures high performance, long duration fuel cell systems for portable and remote applications. Protonex provides complete power solutions in the 10 to 500 Watt power range to OEM customers for off-grid applications underserved by existing battery, generator, solar and other power technologies. The company's innovative fuel cell products also complement existing power technologies and are utilized in hybrid designs for customer applications.
For more information about Protonex, please contact: Protonex Technology Corporation153 Northboro RoadSouthborough, MA 01772-1034Phone: (508) 490-9960Fax: (508) 490-8575.
Blizzard Blackout: How to Safely Weather a Winter Power Outage
Chicago, Ill. (ContentDesk) November 3, 2005 -- This hurricane season, Gulf Coast residents recently learned the importance of emergency preparation the hard way. Yet, many Americans in Northern States are still not prepared for a winter blackout. Ice storms and blizzards can snap power lines just as easily as any hurricane, spawning prolonged power outages during the darkest days of the year. You dont have to look too hard to find someone whos weathered a winter power outage.
Just ask Jon Hoch, founder of Electric Generators Direct.com (http://www.electricgeneratorsdirect.com), an online emergency generator superstore. Several years ago, his own mother and father endured a 4-day power outage, inspiring him to get them a backup generator and eventually launch an online generator store. Some homeowners physically cannot brave a blizzard and run out to rent a backup generator, says Jon Hoch. Therefore, the...
Blizzard Blackout: How to Safely Weather a Winter Power Outage
Power generator > Blizzard Blackout: How to Safely Weather a Winter Power Outage
Electric Generators: Understanding Your Power Needs
In order to choose the right emergency power source and to size it properly, you need to understand something about the power requirements of the devices you plan to operate.
The basic unit of power measurement is the watt, and with an emergency power source there are two wattage ratings that are important: steady-state wattage and surge wattage. A normal 60-watt incandescent light bulb requires, as you would expect, 60 watts, and it requires that wattage both when you turn it on and while it is running. A ceiling fan motor, on the other hand, might require 150 watts to get it started and 75 watts while it is running. That extra wattage to start the motor is called the surge wattage and is typical of anything that contains an electric motor.
Here are the usual wattages of some of the devices found in a typical household:
Device Typical wattage Surge Wattage
Light bulb 60 watts 60 watts surge
Fan 75 watts 150 watts surge
Small black...
Power generator > Electric Generators: Understanding Your Power Needs
Tips for Purchasing a Standby Generator
So you've decided that you don't want to be left in the dark if a hurricane or a tornado or other disaster hits your area.
You've decided to buy a standby generator.
Sounds simple enough.
But when you get to the store, you find a bewildering variety of generators, from a small 5.5 kilowatt model for around $2,000 to a 45 kilowatt monster for $25,000 or more.
How do you determine which one is right for you?
Of course, your budget will be a factor, but there are other factors that are equally important.
The first factor is whether you want a portable or stationary generator.
If you want a stationary one, where will you put it?
A generator's exhaust gas includes poisonous carbon monoxide, so it must be located outside, in a well ventilated area with plenty of space around it, and protected from the rain.
If you want a portable one,...
Power generator > Tips for Purchasing a Standby Generator
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