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American Security Resources Sets April 30 Close Date for Wind Turbine Company
Houston, TX (Business Wire) April 3, 2007 -- American Security Resources Corporation [OTCBB: ARSC] today announced that all contract points have been resolved and it has set April 30th to close the acquisition of The Maria Group Inc. which holds exclusive rights to the patented Noble Wind Turbine.
“The Noble Wind Turbine spins in a horizontal plane and utilizes a combination of lift and drag forces working in concert to maximize its capture of wind power. It is an extremely robust design, one that is capable of continued operation in hurricane force winds ” said Bob Farr, President and COO of ARSC. “The Noble wind technology has great opportunity by itself and the synergies for us are significant as we advance our clean energy technologies into the market.”
American Security Resources Corporation, “ARSC” is a holding company acquiring and developing clean energy technologies. ARSC, through its Hydra Fuel Cell subsidiary, is developing high efficiency, mass producible hydrogen fuel cells (www.hydrafuelcell.com ). Its American Hydrogen Corp. subsidiary is developing a technology to inexpensively derive hydrogen from ammonia.
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 |