MTI Goes Mobile with Fuel Cells and Acquires Flywheel Energy Storage Systems

MTI Micro introduces Mobion micro fuel cell technology

• In June 2004, the MTI Micro division introduced breakthrough Mobion technology, demonstrating the first handheld entertainment system and PDA/smartphone powered by integrated micro fuel cell.
• In December 2004, MTI Micro launches first Mobion product integrated into Intermec Technologies RFID Tag readers – a milestone for the micro fuel cell industry.

MTI acquires Beacon Power Corp’s flywheel energy storage systems

• MTI acquires holdings of Beacon Power Corp, maker of flywheel energy storage systems designed to manage power quality and prevent power interruptions