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New York City Orders 500 Hybrid Buses and Allows Hybrid Taxis

In the largest requisition to date for hybrid buses, New York City has ordered 500 hybrid-electric buses from DaimlerChrysler’s commercial bus unit. New York City Transit ordered 216 Orion VII hybrid-electric buses and the Metropolitan Transportation Authority ordered 284 hybrid buses. In a previous order, NYC purchased 325 hybrid buses.

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DayStar Technologies Honored With Frost & Sullivan's 2005 Technology Innovation Award

DayStar Technologies, Inc. (Nasdaq: DSTI), a developer and manufacturer of proprietary high performance photovoltaic (PV) products, has been selected as the recipient of Frost & Sullivan’s 2005 Technology Innovation of the Year Award. The Award recognizes DayStar’s contributions toward the commercialization of CIGS (copper-indium-gallium-diselenide) photovoltaic cells. Said Dr. John Tuttle, President and CEO of DayStar Technologies, “This Award further validates our technical achievements and ongoing dedication to reach gigawatt scale production of Photovoltaic Foil(TM) and deliver on the promise of pervasive solar energy.” “DayStar’s innovative approach has the potential to meet the three primary desired attributes of solar cell technology: performance/reliability, form-factor (flexible/durable/lightweight) and cost. Many other solar cell technologies meet only one or two attributes,” said Frost & Sullivan Research Analyst Viswanathan Krishnan. DayStar Technologies, Inc. is an emerging leader in low cost, high efficiency Photovoltaic Foil(TM) that converts sunlight into energy. The Company’s proprietary products include silicon-free CIGS solar cells, which are deposited on flexible metal foils using production processes adapted from commodity computer component manufacturing. DayStar believes the unique combination of its CIGS solar cell design coupled with proprietary manufacturing processes on flexible metal substrates could substantially lower costs and remove deployment barriers currently limiting large adoption […]

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United Natural Foods CEO Steps Down

United Natural Foods Inc. (Nasdaq: UNFI), an organic food distributor, announced its president and chief executive, Steven Townsend, has stepped down. He will be replaced by former CEO Michael Funk. Funk has been with United Natural Foods and its predecessors since 1976 and has served as a board member since 1996. He served as president from 1996 through 1999 and chief executive from 1999 to 2002, and was chairman in 2003. Townsend will remain chair of the board until the company’s annual meeting, scheduled for Dec. 8 and will continue as a consultant to the company to ensure a smooth transition.

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