This will be followed by a full scale prototype, as well as the development of markets, business partners, and sources of financing in the United States and other countries. Construction of the model is scheduled to start in early summer of this year.

Rhombic's radio nuclide battery presents several unique advantages over other power sources. First and foremost is the highly efficient conversion of energy released by radio nuclides into electric energy.

The super compact size and light weight offers customers significant savings in space applications where the cost-per-pound to launch into orbit is a driving consideration.

Management's decision to develop a nuclide battery prototype will provide the company an opportunity to participate in the communication satellite industry. It is estimated that there will be in excess of 800 satellites launched starting in 2002.