Jadoo Power Allocated $2.4 Million from 2007 Defense Appropriations Bill |
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Jadoo Power Systems, Inc.
181 Blue Ravine Rd.
Folsom, CA, 95630
USA
Press release date: November 3, 2006
Folsom, CA - November 3, 2006 - Jadoo Power Systems Inc. (Jadoo) www.jadoopower.com, the leading supplier of portable fuel cell systems, announced today that Jadoo's SOCOM Power Program will be allocated $2.4 million in additional funding as part of the U.S. Military 2007 Defense Appropriations Bill. The bill was signed into law by President Bush on September 29, 2006.
"This funding will allow Jadoo to continue their advanced development efforts on fuel cell technologies," said Congressman Dan Lungren (CA-03), who represents Jadoo's district in California. "Their product offerings will support our soldiers in the field by significantly reducing the carry weight of legacy battery technology during mission critical deployments. I am pleased that the House recognizes the innovative work that Jadoo is conducting in taking fuel cell technology from the lab and delivering the critical power necessary to protect our homeland."
Building upon other successful contract awards (see release March 3, 2006 at http://thomas-pr.com/pressreleases/jadoosoc.html), Jadoo has been able to push forward into many other power support markets and applications such as emergency preparedness, portable radio and laptop battery recharging, as well as a battery replacement for emergency lighting and critical communication devices like satellite phones and modems.
"I was impressed by the quality of work performed by Jadoo to deliver the initial prototypes for our radio system," said Mitch Wathen, SOCOMīs Naval Air Systems Command representative. "Success in this program will open the potential for widespread adoption of such technology for additional military needs."
"We are excited to be recognized for our hard work. The support we have received from Congressman Lungren's office has been instrumental in advancing Jadoo's product offerings in the market," said Larry Bawden, President and CEO at Jadoo. "We are focused on delivering game-changing technology to improve the effectiveness of our military, law enforcement and emergency responders while protecting the Homeland"
About Jadoo Power Systems
Jadoo Power Systems, Inc. is a market-focused company that develops and sells next-generation, portable energy storage and power generation products. Jadoo is financed by Mohr Davidow Ventures, Venrock Associates and Sinclair Ventures, a wholly owned subsidiary of Sinclair Broadcast Group, Inc.
www.jadoopower.com
Agency Contact: Karen Thomas Thomas PR 631-549-7575 kthomas@thomas-pr.com
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