Previously the company had been trading on the OTC bulletin board under the same symbol. The company is specialized in PAFC technology or so called phosphoric acid fuel cells. The technology comes from intellectual property rights which Westinghouse previously developed , these were later on sold and transferred to FuelCell Corporation of America (FCA) which subsequently assigned these to a new company HydroGen LLC in 2001. The goal of this company was to bring this technology to the market and make it ready for commercial applications.
Dr. Leo Blomen, Chairman and Chief Executive Officer of HydroGen Corporation was quoted as saying; "We are delighted to join NASDAQ, the largest and fastest growing major stock market in the world. We believe that The NASDAQ Capital Market will not only provide more recognition and visibility for our company in the investment community, but increase liquidity and provide superior execution, thus enhancing value for our shareholders,"
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