Pacific Fuel Cell Corp. manufactures bipolar plates, end plates and flow plates for fuel cells. Plates are essential elements of a fuel cell stack in that they provide the means for distributing the uniform flow of fuel to the catalyst. Fuel cells are stacked to increase voltage as a single fuel cell usually produces one volt or less. The Company sells plates directly to fuel cell manufacturers. The Company conducted research in conjunction with University of California-Riverside (UCR). As a result of a research and development relationship with the UCR, in April 2005, the Company announced that it had acquired marketing rights to a new Carbon Nanotube Membrane Electrode Assembly (MEA) for hydrogen and methanol fuel cells.