Jan 20
01:20 PM Energy Visions Inc. Announces Commencement of Prototype Fuel Cell Stack Development Business Wire
Jan 06
11:02 AM Energy Visions Inc. Announces the Launch of Pure Energy`s `Pure Power Saver` Kit Business Wire

Energy Visions Inc. Announces Commencement of Prototype Fuel Cell Stack Development

January 20, 2004 13:20:00 (ET)

TORONTO, Jan 20, 2004 (BUSINESS WIRE) -- Energy Visions Inc. ("EVI") (EGYVE, Trade)(TSX Venture: EVI.S) announced today that it has begun development of its proprietary flowing electrolyte direct methanol fuel cell ("FE-DMFC") stack.

Working with Hibar Systems Inc. ("Hibar"), EVI has now commenced engineering refinement of its novel fuel cell stack design for its prototype hybrid FE-DMFC / rechargeable battery portable power supply. Hibar, a leader in battery manufacturing equipment, precision metering pumps and process and dispensing systems, will produce stack component prototypes for EVI. EVI recently achieved a significant milestone in its FE-DMFC development project with the presentation of the high efficiency and general applicability of its flowing electrolyte technology at the 2003 Fuel Cell Seminar in Miami, Florida.

National Research Council Canada has awarded EVI a grant through its Industrial Research Assistance Program ("IRAP") for approximately Cdn. $160,000 in partial support of the project.

Dr. Douglas James, VP and GM, Fuel Cell Division of EVI said, "We look forward to be working with Hibar. Their vast experience with composite materials and the manufacturing of electrochemical devices and pumps will greatly speed the development of our proprietary FE-DMFC technology."

"We are excited about moving into this important phase of this project. Upon completion we will initiate tests of our hybrid fuel cell/battery system using both our nickel-zinc batteries and our new XL(TM) rechargeable alkaline batteries. We believe that our fuel cell will be the first truly commercial portable fuel cell technology. Our DMFC technology is based on using a proprietary "flowing electrolyte" technology that has shown up to a 30% efficiency and voltage improvement over other DMFC systems which consequently will, we believe, lead to the lowest cost projections in the industry," stated Dr. Phil Whiting, President of Energy Ventures Inc. (Canada).

About Energy Visions Inc.: EVI develops and commercializes advanced battery and direct methanol fuel cell technologies and products. EVI recently acquired a major interest in Pure Energy Inc. whose subsidiary, Pure Energy Visions Inc., manufactures and markets rechargeable and single-use alkaline batteries globally sold under the "Pure Energy", XL(TM) and "Pure Power" labels and to private label customers worldwide. The Company also markets several electronic products including battery operated radios and the new Pure Power Saver(TM) kit.

Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward looking statements" are based on expectations, estimates and projections at the time the statements are made that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward looking statements" contained herein.

The website of Energy Visions Inc. is http://www.energyvi.com. The website of Pure Energy Visions Inc. is http://www.pureenergybattery.com.

Neither the TSXV nor the NASD OTC Bulletin Board have reviewed or accept responsibility for the adequacy or accuracy of this release.

SOURCE: Energy Visions Inc.