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Tue, May 25, 2010 AlumiFuel Power, Inc. Featured in Two Media Publications
CENTENNIAL, Colo.--([ BUSINESS WIRE ])--Early production stage hydrogen generation company AlumiFuel Power, Inc. (aAPIa), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW), (the aCompanya), announced today that its technology was featured in two recent news media articles.
"Now, voyager? The increasing marine use of fuel cells"
In the online technical reference resource, Knovel Engineering Cases, an article by APIa™s President & CEO, Mr. David Cade, was featured in the March 12, 2010 issue. Following are excerpts from the article:
aChemical engineers know better than anyone the difficulties in turning a promising lab curiosity into an actual product. Consider, for example, aluminum-water reactions as a means for generating hydrogen gas. For decades, researchers have been trying to tap the commercial potential of these reactions, which have the potential to produce hydrogen without the high costs and energy inefficiency of steam reforming and electrolysis techniques and systems. Over the years, there have been scores of patents and technical papers documenting efforts to harness the hydrogen-generating power of aluminum-water reactions.
By and large, these efforts have remained in the lab because of the thorny chemistry and engineering development challenges associated with the commercialization and aproductizationa of the technology. Until now. [ AlumiFuel Power, Inc. ], this month introduced a new aluminum-water reactor system called the Portable Balloon Inflation System, or PBIS-1000. Unlike other hydrogen generation technologies, this portable hydrogen generator requires no external energy whatsoevera.and can generate 1,000 liters of hydrogen in about 20 minutes; this is enough lift gas to launch a 5-foot-diameter weather balloon.
AlumiFuela™s engineers also made the hydrogen generation system modular, scalable, and flexible, in keeping with the diverse group of applications that the technology targets. AlumiFuel engineers also are working on other form factors, including some that do not make use of the current reactor hardware. UUV power plants using turbines, [ thermoelectric converters ], and/or fuel cells are one examplea..a common thread runs through all these applications: Tailor the reaction chemistry to the job at hand and find clever ways to package that chemistry for the user.a (See the article at: [ http://engineeringcases.knovelblogs.com/2010/03/12/aluminum-water-secret-sauce-low-cost-hydrogen-fuel/ ])
In the other feature, APIa™s Director of Engineering, Mr. Sean McIntosh, was cited in an article in the May 2010 Fuel Cell Bulletin: aNow, voyager? The increasing marine use of fuel cellsa, by Vicki P. McConnell. An excerpt from the article follows:
aEarly-stage production company, AlumiFuel Power, Inc. (Philadelphia, Pennsylvania) is designing a hydrogen generator for UUVs that reacts aluminum, water and proprietary additives to create H2. The company is also developing a steam generator, and hopes to integrate both technologies ato increase energy density even more,a™ says engineering director Sean McIntosh. Such a hybrid system has the potential to beat the energy density values of lithium batteries fivefold. aEach generator would be activated at different times, depending on mission requirements and profile,a™ McIntosh explains.a (For the full article, see the following link: [ www.fuelcellsbulletin.com ]. Fuel Cells Bulletin is a paid subscription publication of Elsevier.)
This maritime applications initiative is directly related to the recent selection of APIa™s hydrogen generation technology for award of a U.S. Navy R&D contract as a novel new hydrogen source for powering future Unmanned Undersea Vehicles (UUVs). (See API news release of May 12, 2010.)
About Knovel.
Knovel (why.knovel.com) is a web-based application integrating technical information with analytical and search tools to drive innovation and deliver answers engineers can trust. Knovel users include thousands of engineers and applied scientists worldwide representing 70 of the Fortune 500 companies and more than 300 leading universities. In short, Knovel is the leading online technical reference resource.
About Fuel Cells Bulletin.
Fuel Cells Bulletin ([ www.fuelcellsbulletin.com ]) is the leading monthly newsletter dedicated to reporting and analyzing developments in the fuel cells arena. Published by Elsevier, Fuel Cells Bulletin is a leading publication within Elseviera™s fuel cells portfolio. Elsevier, the worlda™s leading publisher of science and health information, serves more than 30 million scientists, students, and health, information, and alternative energy professionals worldwide.
About AlumiFuel Power, Inc.
API ([ www.alumifuelpowerinc.com ]) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. APIa™s hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for Flameless Ration Heaters. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit [ www.irgnews.com/coi/AFPW ].
About AlumiFuel Power Corporation
AlumiFuel Power Corporation, formerly known as Inhibiton Therapeutics, Inc., recently acquired is wholly-owned operating subsidiary AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the asafe harbora provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the companya™s progress, business opportunities and growth prospects, they are based on managementa™s current beliefs and assumptions as to future events. However, since the companya™s operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
