MTI names new president

Aug. 2, 2004 — Mechanical Technology Inc. announced the appointment of Steven Fischer as its chairman and chief executive officer. Fischer has been a member of the company’s board of directors since 2003 and was formerly chairman of professional services firm UHY Advisors NY Inc.

Dale Church, MTI’s chairman and CEO since 2002, will become president of MTI Government Systems, where he will focus on business development for MTI subsidiaries, including MTI MicroFuel Cells Inc. The company said it plans to ship its first micro fuel cell product toward the end of 2004.


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