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Hydra Fuel Cell Corp. First Residential Hydrogen Fuel Cell System Leads to Purchase Order for 10 HydraStax® Systems
Beaverton, Oregon, November 7, 2007 (BusinessWire) – Hydra Fuel Cell Corporation (www.hydrafuelcell.com ), a wholly owned subsidiary of American Security Resources Corporation (OTCBB: ARSC), announced today that its beta installation of a complete HydraStax® fuel cell system at a residence in Texas triggered a purchase order for 10 HydraStax® 5000 systems from a Florida-based international green building products distributor, Conexa.
Jim Twedt, President and CEO of Hydra, said, “Conexa is the distributor in Colombia, Ecuador, Peru, Nicaragua, El Salvador, the Dominican Republic and Florida for Brazilian Gypsum products (www.braziliangypsum.com ). They feel that by combining their Gypsum Board products (www.wandbd.com ) and fuel cells in the homes they build, they will be in a position to provide their clients with the ultimate energy saving package.” Twedt continued, “Brazilian Gypsum is a conglomerate of 32 Brazilian companies acting to develop the market for Brazilian Gypsum products in the U. S. and South America.”
American Security Resources Corporation
ARSC is a holding company actively seeking to acquire clean energy companies and technologies. Its Hydra Fuel Cell Corp. 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:
Jim Twedt
Hydra Fuel Cell Corporation
503-645-2523
info@hydrafuelcell.com
Frank Neukomm or Bob Farr
American Security Resources Corporation
713-465-1001
info@amsrcorp.com |
