ARSC Forms Fuel Cell Manufacturing Corporation
Company to Manufacture First Commercially Mass-Producible
Hydrogen Fuel Cells
Houston, TX (Business Wire) September 20, 2005 – American Security Resources Corporation (OTCBB: ARSC), announced today that its subsidiary, Hydra Fuel Cell Corporation, has formed Hydra Fuel Cell Manufacturing Corporation to produce the proprietary Hydra hydrogen fuel cell. The Hydra fuel cell is an energy source with a broad array of commercial and military applications.
According to Joe Grace, President of ARSC, “One of the major advantages of this proprietary technology is that it allows for low-cost, highly scalable manufacturing. These hydrogen fuel cell units are designed to be the longest lasting on the market. Each 5kW unit is individually hot-swappable and rack-mountable and can be placed in eight unit modules that produce 40kW.”
American Security Resources is acquiring the exclusive licensing and manufacturing rights to the Hydra fuel cell from privately held EGO Design, Inc. which holds the patents for the Hydra silicon-based, hydrogen fuel cells. EGO Design believes the 5KW to 40KW fixed power market could generate sales of $1 billion annually to the company within 8 years.
About American Security Resources Corporation
American Security Resources Corp. is a holding company actively seeking to acquire profitable, well-managed companies that provide products or services for homeland security or national defense. The company is currently in discussions to acquire several companies.
For more information, please see: www.americansecurityresources.com.
SafeHarbor Statement
This news release contains certain “forward looking statements” within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that results will meet or exceed such expectations.
For more information contact:
Joe Grace, President
American Security Resources Corporation
713-465-1001
9601 Katy Freeway, Suite 220
Houston, Texas 77024
jgrace@amsrcorp.com
Pete Belcher, President
B&B Marketing Communications
713-774-0642
pete@bbmarcom.com
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