28.6.2007: Meldung: Millennium Cell Inc.: newly-created position Chief Technology Officer

Millennium Cell Executive Appointed Chief Technology Officer
Wednesday June 27, 1:30 pm ET

EATONTOWN, N.J.-- Millennium Cell Inc., a leading developer of hydrogen battery technology, today announced that Dr. Richard M. Mohring, 35, has been appointed to Chief Technology Officer, a newly-created position.

Dr. Mohring has held scientific and leadership roles within Millennium Cell since January 2000, and has had extensive experience with hydrogen storage and fuel cell technologies, particularly with chemical hydride systems. Dr. Mohring currently leads Millennium Cell"s technical team of over 25 scientists and engineers responsible for development of innovative hydrogen battery systems. Dr. Mohring has served as Principal Investigator on numerous Department of Defense and Department of Energy development programs and subcontracts awarded to Millennium Cell.

"Rick has consistently demonstrated exceptional technical leadership during his service to the company. He is a prolific inventor and expert in several technical disciplines that are invaluable to our product development. His promotion to this position recognizes the many innovative advances that our team has made under Rick"s leadership and we look forward to his continued contribution," stated Adam Briggs, President.

Prior to joining Millennium Cell, Dr. Mohring co-founded Pixelligent Technologies LLC, a company that focuses on the development of technology advancements in semiconductor lithography. He currently holds 7 U.S. patents with multiple pending applications. Dr. Mohring received a B.S. in Applied Physics from New Jersey Institute of Technology and an M.S. and Ph.D. in Physics from University of Maryland.

About Millennium Cell

Millennium Cell is a leader in the development of hydrogen battery technology used to power portable applications. Through its proprietary Hydrogen on Demand® fuel cartridges and PowerSkin(TM) fuel cell modules, the Company provides increased energy density resulting in longer runtime and lighter weight in a compact space. The Company is working with market partners to meet the demand for a better battery in the military, medical, industrial and consumer electronics markets. For more information, visit www.millenniumcell.com.


MBS Value Partners, LLC
Betsy Brod, 212-750-5800

Source: Millennium Cell Inc.
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