Hydra Fuel Cell Corporation (www.hydrafuelcell.com), a wholly owned subsidiary of American Security Resources Corporation (OTCBB:ARSC), announced today that it will be installing a complete HydraStax® fuel cell system at a residence in Miami, Florida, on December 14.
Jim Twedt, President and CEO of Hydra, said, “This is a demonstration of our very robust beta fuel cell system which we expect to replace with a production model sometime in early 2008. The system contains some upgrades from the previously installed Texas beta system. The production models will be smaller, significantly more efficient and include the ammonia-to-hydrogen fuel system being developed by American Hydrogen Corporation (www.americanhydrogencorporation.com). That fueling system is scheduled for delivery in about 60 days and will deliver hydrogen at a price that we expect will make the electricity generated by HydraStax® fuel cells much less expensive than the electricity purchased from the grid.”
Twedt also noted that there will be a number of international real estate developers who have expressed strong interest in alternative energies in attendance when the Miami system is activated.
American Security Resources Corporation
ARSC is a holding company developing clean energy 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.
Hydra Fuel Cell Corporation
Jim Twedt, 503-645-2523
info@hydrafuelcell.com
or
American Security Resources Corporation
Frank Neukomm or Bob Farr, 713-465-1001
info@amsrcorp.com