This must be the share of the future...........A co with 15 employees mostly Boffins with a unique product under development that has massive potential in the alternative energy sector
My only regret is that I watched the sp rocket from 11op to 210p before getting into the nose cone

BUY BUY BUY is the only message for ITM. Still cheap to BUY at 150p.

not really Hyleo.I think ill wait the inevitable slide to 110.
To quote myelf -
G D Potts - 03 May 2007 09:33 - 67 of 78
Its always a good buy IMO around 100 - 105 to grab a 50p gain in a few weeks and then sell.

Maybe you are right, GD Potts. I got to sell then and hope for it to fall.

news at last

http:/www.carkeys.co.uk/news/2007/june/29/13510.asp

Have finally invested, believe the recent news is strong enough to support the price above 120 and will look to this as a long term investment.

This is the news thats pushing the SP higher.

ITM Power PLC
29 June 2007

Strictly Embargoed until 0700hrs, 29 June 2007




ITM Power Plc
('ITM' or 'the Company')


Progress Report



ITM Power's principle aims are the commercialisation of the hydrogen economy and
the development of technology to enable the replacement of hydrocarbon fuels.
The Company is pleased to announce significant progress in these objectives:

Electrolytic Hydrogen Fuelling for the ITM Bi-Fuel Car:

The Electrolyser: ITM is making good progress in the design and construction of
a 'home refuelling' system using an ITM electrolyser to convert renewable or off
peak electricity into hydrogen. This device depends upon an electrolyser stack
of 10kW electrical input operating at pressures of 75 bar. The Company is
pleased to announce that a prototype electrolyser has now operated at the
requisite power (10kW).

The pressure test target 75 bar (or 1125lb/sq inch) originally set for December
2007 has been achieved. This programme was accelerated to provide early
technical information for the design of the 2008 factory production units which
are anticipated to combine both pressure and power capabilities in a single
unit.

The Bi-Fuel Car: In conjunction with the University of Hertford, ITM has
modified a petrol engine Ford Focus to operate using pure hydrogen able to be
supplied by an ITM electrolyser before switching to gasoline. An ITM self
pressuring electrolyser has now successfully fuelled this vehicle. Drivability
in public road conditions when using hydrogen has proved to be excellent.

This vehicle has been refuelled with hydrogen to a pressure of 75 bar for range
testing purposes and has exceeded 25 miles on a single charge of hydrogen both
when tested on a rolling road, and during testing on public highways.

Later this year, ITM plan to publicly demonstrate both the vehicle and
refuelling system using electrolyser prototypes that will closely resemble the
initial units to be manufactured at the new Sheffield production site.


Fuel Cell Developments:

The Company is pleased to announce that the fuel cell cost reduction programme
is proceeding on track, and it has succeeded in increasing the performance of
its hydrogen and oxygen fuel cell system so that the resulting fuel cell meets
the cost reduction target for June 2007 of less than $500/kW if produced in
accordance with the assumptions set out in the Technical Update, 18 October
2006.

This has been achieved principally by further increases in the power density at
which the ITM hydrophilic material can operate, leaving the reduction in
platinum loading and/or the replacement of platinum as technologies available to
meet the Company's future cost reduction strategy.


Membrane Durability:


ITM's longest term electrolyser membrane test cell has been taken out of service
after 11,500 hours of intermittent operation (i.e. 11,500 hours on in a total
test exceeding 20 months) following an anomalous decrease in operating voltage.
Detailed examination shows that the membrane had become contaminated with
metallic debris, consistent with corrosion products from other parts of the cell
and associated test equipment. When removed the membrane was found to be robust,
un-punctured and continuous, there was no evidence of chemical erosion or
impending mechanical failure. In the total test programme of well in excess of
50,000 hours no other similar examples of anomalous voltage decrease have been
noted. As a precaution the Company is redesigning its longevity test cells to
reduce the possibility of similar contamination disrupting future trials.

Jim Heathcote, CEO, ITM Power Plc commented: 'This longevity test has been in
operation for nearly two years and has achieved very positive results which
clearly make the product commercially viable. It should be noted that the
process of contamination does not necessarily imply membrane failure and cell
design modification could further improve durability.'


Hydrogen Diesel Applications:


ITM has installed an electrolyser and on-board emission monitoring equipment
into a road-going vehicle (a Range Rover 3l diesel). This equipment has
demonstrated that an ITM electrolyser can operate successfully in the demanding
environment of a moving vehicle, and direct observations of reproducible
reductions in the principle emissions have been recorded while the electrolyser
was active. However, the full commercial or military implications of the results
cannot be judged in advance of a research programme such as that agreed with
ABRO.


New Manufacturing Facility:


The design work for the new 15,000sq ft Sheffield site is nearing completion and
preparation work has begun for the installation of the equipment to manufacture
annually up to 10 megawatts of electrolysers. This plant will have one of the
largest electrolyser production capabilities in the world. The Company is
finalising the design of the electrolyser units which are anticipated to be
produced in the new factory. So far this programme is on time and budget.

Jim Heathcote, CEO, ITM Power Plc commented: 'The Company has made tremendous
technical advances which are being included in the design of electrolyser
systems for production in the new Sheffield facility in the first half of 2008.
The Bi-Fuel car and refuelling system very clearly demonstrates a simple,
convenient and low cost transportation solution that significantly reduces
greenhouse gases and helps mitigate climate change. We believe combining
electrolysers with an internal combustion engine vehicle brings affordable
hydrogen transportation forward by many years.'


Ends


For further information please contact:


Gemma Chandler
ITM Power Plc
Tel: 01799 532 860
Mob: 07921 057712

www.itm-power.com

Looking fowards to the results too - 31st of July.
Very positive near 10% rise today, already above my buy price early doors.

Really excellent news all round and very much worth the wait. Onwards and upwards!

ITM may not be about to sweep the world, but their approach was indirectly endorsed by Honda recently, who said that in-home hydrogen generation could become standard practice in 10 years or so.

- REUTERS

Results and progress report due next Tuesday,move northwards for the sp. imminent imo.

11% + today.

Great recovery after the last few days,

RNS at 17:15.

Peter Hargreaves purchased 150,000 shares at 108p.

6 August 2007.

Good progress from ITM...this is a BUY.

ITM Power PLC
25 September 2007


For Immediate Release 25 September 2007


ITM Power plc

('ITM' or 'the Company')

Key US Patent Progress

ITM Power's Fundamental Patent allowed in the USA

ITM Power plc (AIM:ITM), the technology and research company focused on the
commercialisation of the hydrogen economy, is pleased to announce that it has
received a 'notice of allowance' for its fundamental patent application from the
US Patent Office. It is expected that the patent will be formally granted in the
near future.

This is a major stage in, and vindication of, the Company's IP strategy. The
patent application covers both the unique crosslinked hydrophilic ionic
materials which underpin the electrolyser and fuel cell developments made by the
Company in the past several years, together with the novel production process.
In combination, these developments have allowed ITM to develop low cost platinum
free electrolysers and high power density low cost fuel cells.

Jim Heathcote, CEO ITM Power, said:

'This announcement is particularly timely because we believe world-wide patent
cover is essential before we ship our first products. We are making excellent
progress in constructing and fitting out the Company's new production plant and
anticipate its completion by the year end, on time and on budget.'

Good news indeed :-)

Cooperative Research and Development Agreement (CRADA) with United States Naval
Undersea Warfare Center

ITM Power plc (AIM:ITM), the technology and research company focused on the
commercialisation of the hydrogen economy, is pleased to announce that it has
signed a cooperative agreement with the Naval Undersea Warfare Center Division
Newport (NUWCDIVNPT) to collaborate in the development of advanced power systems
for Unmanned Undersea Vehicle (UUV) applications. The following is an agreed
public statement of objectives:
'This CRADA will enable discussions and investigations of dual liquid fuel cells
for unmanned undersea vehicle (UUV) applications including identification of
critical operation parameters having relevance to the development of materials
and systems within the dual liquid fuel cell and fuel supply areas. These
collaborative efforts between ITM Power and NUWCDIVNPT will include
investigating the potential for ITM Power designed fuel cells to meet the needs
of the operation parameters identified. Under the CRADA, NUWCDIVNPT and ITM
Power will also identify and define additional research and development to make
ITM Power fuel cells meet the operational parameters defined and to quantify
those research and development efforts in terms of time and money.
The U.S. Navy has an interest in fuel cell technology and is investigating a
number of options with which to advance its UUV program. ITM Power has an
interest in furthering research and development of its specific fuel cell design
and will, along with the Navy, benefit from this collaborative effort.'

Jim Heathcote, CEO ITM Power, said:
'We are pleased to be working with the US Naval Undersea Warfare Center. We
believe electrolyser and fuel cell systems have many military applications and
we hope this agreement will open the door to large potential markets for our
technology.'

Panmure Gordon 11/12/07.
has a hold for Ashtead Group (LSE: AHT.L - news) (AHT), cutting target to 90p from 150p, has a hold for Cadbury (CBRY), a buy and 12.50 for Carpetright (CPR), a hold and 350p target for Domino Printing (DNO), a buy and 126p target for Driver (DRV), a buy and 11.69 target for Fidessa (FDSA),

a buy and 340p target for ITM Power (LSE: ITM.L - news) (ITM),
price today 133p

That's huge news IMO jimward9. If they can get their technology into the US military the sky literally could be the limit.

ITM Power a Tiddler to watch in The Times today. Details not yet on Times website - will post when I can.

... still not on Times website, but the paper has been delivered!

"ITM Power, the developer of hydrogen fuel cells, was up 5.75p at 129.75p after signing a deal wtih the US Navy to develop fuel cells for an unmanned submarine. Mark Davis, if Panmure Gordon, retained his 'buy' advice with a 340p target, saying the agreement could lead to further relationships with the US Navy."