MISSISSAUGA, Ontario, Canada, Aug. 25, 2004 (PRIMEZONE) -- Astris Energi Inc. (OTCBB:ASRNF), the world's leading alkaline fuel cell (AFC) technology company, announced today that it has contracted Mirus Communications Inc. to provide investor relations and corporate communications services on a fee for services basis. Mirus Communications will consult on corporate messaging and investor communications, assisting with presentations, press releases, the Astris website, and financial marketing.
Mirus Communications is a full-service communications consultancy with expertise in strategic messaging, disclosure, perception audits, Internet communications, IR best practices and corporate governance. Mirus' principal Paul Caulfield has worked for a number of prominent Canadian issuers and has written extensively about investor relations issues.
"We look forward to working with Mirus Communications. Their expertise will allow us to continue to provide the highest level of investor relations and communications services to our stakeholders," said Jiri Nor, Astris' President and CEO.
The company would like to acknowledge the work of Jane Watson, of Watson Investor Relations, who provided valuable investor relations services for the past year and has moved on to an in-house IR position with a major Canadian issuer.
About Astris Energi Inc.
Astris is a late-stage development company committed to becoming the leading provider of affordable fuel cells and fuel cell generators internationally. Over the past 21 years, more than $17 million has been spent to develop Astris' alkaline fuel cell for commercial applications. Astris is commencing pilot production of its POWERSTACK(tm) MC 250 technology in 2004. Astris is the only publicly traded company in North America focused exclusively on the alkaline fuel cell. Additional information is also available at the company's website at www.astris.ca.
Forward-Looking Statements
Any statements in this release that are not statements of fact may be considered "forward looking statements" as that term is defined under securities laws in the United States and Canada. Forward-looking statements are only predictions and may differ materially from actual events or results.