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ARSC Subsidiary American Wind Power Corporation Inks Wind Turbine Deal
Houston, TX (BusinessWire) May 1, 2007 – American Security Resources Corporation (OTCBB: ARSC) President and COO, Bob Farr, announced today, “Late yesterday evening we signed the agreement giving our new subsidiary the exclusive right to develop and commercially market a residential scale version of the patented Noble Wind Turbine.” Farr continued, “We have formed a subsidiary, American Wind Power Corporation, to develop this opportunity. In addition we plan to work on developing technologies from our Hydra Fuel Cell and American Hydrogen subsidiaries that will allow for the storage and transfer of wind generated electricity from periods of low demand to periods of peak demand. There are many months of development and great opportunities ahead.”
American Security Resources Corporation
ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, is developing high volume, mass producible hydrogen fuel cells. Its American Hydrogen Corp. subsidiary is developing a method to inexpensively formulate 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 |