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American Security Resources Commences Commercial Production of HydraStax™ Fuel Cells
Sales Expected to Accelerate During Fourth Quarter
Houston, TX (BusinessWire) September 5, 2006 -- American Security Resources Corporation [OTCBB: ARSC] today announced that it has begun commercial production of its HydraStax™ fuel cells.
“Commercial production is an important milestone for us,” said Bob Farr, President and COO of ARSC. “We expect to be in the market with the HydraStax™ by the end of this month with accelerating sales through the 4th quarter,” Farr continued.
The HydraStax™ fuel cell is a proprietary technology developed by ARSC’s wholly-owned subsidiary, Hydra Fuel Cell Corp. ( www.hydrafuelcell.com ), that increases both the efficiency and useful life of electric generating hydrogen fuel cells. The HydraStax™ unit is designed to be commercially mass produced.
American Security Resources Corporation, “ARSC” is a holding company acquiring and developing technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, is developing high efficiency, mass producible hydrogen fuel cells.
For more information, please see: www.americansecurityresources.com
Safe Harbor 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 actual results will meet or exceed such expectations.
For more information, please contact:
Frank Neukomm or Bob Farr
American Security Resources Corporation
713-465-1001
info@amsrcorp.com |