05/25/2013– (HYGS, HLX, ACHN) PennyOmega.com Watch List for Monday Apr. 23, 2012

HYGS, Hydrogenics Corporation
** HYGS reported that it has entered into an agreement with Enbridge Inc. to jointly develop utility scale energy storage in North America.
This relationship also includes an equity investment of CA$5.0 million in HYGS . The collaboration will bring together HYGS ' expertise in water electrolysis with Enbridge's expertise in the ownership and operation of natural gas pipeline networks and renewable energy generation.

The parties will work together to develop utility scale energy storage projects within Enbridge's North American footprint. HYGS will have the opportunity to participate in up to 50% ownership in a build own operate model for energy storage services.
With 'Power-to-Gas', the hydrogen produced during periods of excess renewable generation will be injected into the existing natural gas pipeline network, proportionally increasing the renewable energy content in natural gas pipelines for essentially the operating cost of the electrolyzer.
Small quantities of hydrogen can be manageable in existing natural gas pipeline networks. With the significant scale of the natural gas pipeline network, these same quantities of hydrogen have a very meaningful impact on electricity energy storage potential.

The natural gas pipeline network represents a vast energy storage system which already exists. The utility scale energy storage leverages existing natural gas pipeline and storage assets to enable improved operability for the electrical system.
The collaboration between HYGS and Enbridge will initially focus on the deployment of utility scale energy storage in Ontario with the opportunity to expand into Enbridge's operations elsewhere.
HYGS is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow.
More about HYGS at www.hydrogenics.com
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HLX, Helix Energy Solutions Group, Inc.

** For the first quarter of 2012, HLX posted net income of $65.7 million, or $0.62 per diluted share, compared with net income of $25.9 million, or $0.24 per diluted share, in the same period the prior year, and net income of $16.8 million, or $0.16 per diluted share in the previous quarter.
HLX is an international offshore energy company that provides development solutions and other key life of field services to the open energy market as well as to our own oil and gas business unit.
More about HLX at www.HelixESG.com
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ACHN, Achillion Pharmaceuticals, Inc.

** ACHN reported that in the second segment of its Phase 2a trial of ACH-1625, 94 - 100% of patients with treatment naive genotype 1 chronic hepatitis C virus (HCV) achieved a complete early virologic response (cEVR) after 12 weeks of treatment with ACH-1625 in combination with pegylated interferon alfa-2a and ribavirin (P/R). ACH-1625 in combination with P/R for up to 12 weeks was safe and well tolerated and produced high viral response rates regardless of dose level or IL28B genotype status.
Results from this trial were presented during the 47th Annual Meeting of the European Association for the Study of the Liver (EASL) International Liver Congress 2012 in Barcelona, Spain from April 18 -- 22, 2012. Additional posters detailing ACHN 's NS5A inhibitor program, including ACH-2928 and ACH-3102, were also presented during EASL.

The hepatitis C virus is the most common cause of viral hepatitis, which is an inflammation of the liver. It is currently estimated that more than 170 million people are infected with HCV worldwide including nearly 4 million people in the United States, more than twice as widespread as HIV.
ACHN is an innovative pharmaceutical company dedicated to bringing important new treatments to patients with infectious disease. ACHN is focused on solutions for the most challenging problems in infectious disease including hepatitis C and resistant bacterial infections.
More about ACHN at www.achillion.com
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