HPI Announces Breakthrough in Its Advanced Hydrogen Fuel Technology
December 03 2007 - 7:00AM
PR Newswire (US)
SEATTLE, Dec. 3 /PRNewswire-FirstCall/ -- Hydrogen Power, Inc.
("HPI", "the company") (OTC:HYDP) (BULLETIN BOARD: HYDP) , an
engineering development stage hydrogen generation company, today
announced its research chemists have developed a new mixture of its
proprietary AlumiFuel(TM) powder which significantly enhances
performance in its target energy applications. The modified
AlumiFuel(TM) mix uses a higher percentage of aluminum and a lower
percentage of the proprietary reactant additive, which accelerates
the aluminum-water reaction. This modification also enables a
simplified AlumiFuel(TM) manufacturing process. The net result is a
60% increase in hydrogen generation yields and a 45% reduction in
fuel production costs. Cartridges filled with AlumiFuel(TM) powder
are dropped into a reactor and when water is added, high purity
hydrogen is generated as a result of the chemical reaction. The
hydrogen can be fed into fuel cells, turbine-based power conversion
modules, or directly into inflatable devices, such as weather
balloons. As the company moves into the hardware engineering
development stage with selected partners, the AlumiFuel(TM) upgrade
makes HPI's technology even more competitive for certain portable
and stationary power applications. Hydrogen based-systems provide
4-5 times the energy density and runtime of lithium-ion batteries.
According to Dr. Jasbir K. Anand, HPI's Director of Research &
Development: "This breakthrough almost doubles the energy density
of our proprietary AlumiFuel(TM) technology. HPI is now ready to
scale-up its in-house AlumiFuel(TM) manufacturing capability to
fulfill the hydrogen demands of its target applications." HPI
(http://www.hydrogenpowerinc.com/) is an alternative energy company
with patented hydrogen generation technology based on a proprietary
aluminum-water chemical reaction, and demonstrator prototypes using
unique AlumiFuel(TM) drop-in recyclable cartridges. The company's
addressable markets include portable and stationary power
applications for National Security, Homeland Security and
commercial customers demanding safe, pure, cost-effective hydrogen
on-site and on demand, with no external power required and no toxic
chemicals or by-products. Safe Harbor for Forward-looking
Statements: This news release may contain forward-looking
statements that are made pursuant to the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. While
these statements are made to convey to the public the company's
progress, business opportunities and growth prospects, they are
based on management's current beliefs and assumptions as to future
events. However, since the company'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. DATASOURCE: Hydrogen
Power, Inc. CONTACT: Ursula Bell, Corporate Administrator of
Hydrogen Power, Inc., +1-206-223-0506, Web site:
http://www.hydrogenpowerinc.com/
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