Wednesday, February 18, 2009

Medis Technologies Among “Best of the Best” in US Department of Defense’s Wearable Power Prize Contest


Medis Technologies Ltd. was named one of the 48 team finalists announced by the Department of Defense Research & Engineering (DDR&E) for its $1 million Wearable Power Prize competition, held in Twentynine Palms, California. The company teamed with General Dynamics Corporation to submit the Medis Power Knight ‘Fuel Cell Power Source’, a fuel cell technology for the Future Soldier program.


The 2008 Wearable Power Prize competition is a unique approach by the DoD to address the need for long-endurance, lightweight power systems for dismounted war fighters. DDR&E launched the competition in July 2007 by offering a $1 million first prize for a wearable system that provides 20 watts (avg.) of electrical power for 96 hours, weighs less than 4 kilograms (8.8 pounds), attaches to a standard military vest and operates autonomously. The DoD reported that by its November 2007 deadline, 169 teams had registered to compete. Over the last ten months, the original field has dwindled to the current group of what DoD has characterized as “the 48 most innovative, capable contenders.”


About Medis Technologies
Medis Technologies is a developer of fuel cell technology. The company markets its products via branded OEM partnerships, retail outlets, service providers, the military and additional markets. Medis' indirect majority-owned subsidiary, Cell Kinetics Ltd., is engaged in the development and commercialization of the CKChip, a unique cell carrier platform intended for simultaneous fluoroscopic monitoring and analysis of thousands of individual living cells over time.

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