Experts Assist American Security Resources with Due Diligence on Hydrogen Fuel Cell Company

Houston, TX (Business Wire) October 04, 2005 – Joe Grace, President of American Security Resources Corporation (OTCBB: ARSC), announced today that, as part of the due diligence for acquiring an interest in eGO Design, Inc., a privately-held company with proprietary technology for silicon-based, hydrogen fuel cells, it has asked Wendy Buskop, a leading patent and trademark attorney with The Buskop Law Group (www.buskoplaw.com ), to review the claims in the eGO patents.

Grace further announced that ARSC’s auditors, Malone & Bailey, have reviewed the financials of eGO.

ARSC has also received a proposal from American Enterprise Development Corporation to provide advice regarding product development, deployment, marketing, capital structure, financing needs, management development and other acquisition opportunities related to the fuel cell opportunity.

ARSC expects to complete its due diligence and close this acquisition before the end of October.

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