eHydrogen Solutions Advances 'Water Car' Project: Collaboration Partners & Acquisitions
July 22 2010 - 7:30AM
Marketwired
eHydrogen Solutions, Inc. (PINKSHEETS: EHYD) announced today the
official launch and developmental scope of its recently announced
'Water Car' project; and the final assessment of collaboration
partners and potential technology acquisitions.
Renamed 'Project H2VFM' (Hydrogen Vehicle Fuelling Module), the
mission scope has been broadened to included the integration of the
Company's core On-Demand Hydrogen Production (ODHP) technologies,
particularly its H2-Reactor system, with the development of a
scalable, self contained hydrogen production modules.
These modules will be adaptable to provide hydrogen on demand,
not only to fuel both Hydrogen Fuel Cell Vehicles (HFCV) and
Hydrogen Internal Combustion Engine Vehicles (HICEV), but also for
a variety of Hydrogen Fuelling Stations applications.
The integration of ODHP technologies with HFCV and HICEV
applications is ground-breaking in that hydrogen is produced
on-board, on-demand, without the need for a costly hydrogen
fuelling infrastructure.
Alternatively, in order to provide a cost effective, sustainable
Hydrogen Fuelling Infrastructure to service those HFCV and HICEV
requiring fuelling, the H2VFM can be scaled to produce, on-demand,
sufficient quantities to meet the required needs for both public
and personal fuelling station applications. While hydrogen fuelling
station availability has been the focus of a lot of debate and
concern for HFCV and HICEV development, the root problem has always
been profitability and logistical feasibility of the stations.
This has important potential implications, since hydrogen can be
produced on-site, on demand, sustainable, at little cost using
virtually no outside energy sources; utilizing only reactive metals
(and/or the sun) and water; and not requiring costly transportation
or storage.
Having finalized the Project Scope, the Company is now
finalizing its collaboration partners and possible technology
acquisitions.
The Company will be announcing shortly specific joint venture
collaborations and acquisitions relating to the advancement of the
Project H2VFM and will continue to actively seek further
collaboration from public, private and institutional partners in
all phases of the development cycle; and accepts submissions from
both joint venture development partners and inventors on its
website at www.eHydrogenSolutions.com.
As a result of recent acquisitions and development progress in
its core ODHP technologies, eHydrogen Solutions (eHs) stands in the
forefront as a design leader in hydrogen technologies and solutions
in the most cost effective, environmentally friendly and
sustainable manner possible for integration in to a wide variety of
clean energy solutions.
The distributed and localized production of hydrogen through
energy efficient and cost-effective methods creates the economic
basis for hydrogen driven economy. The Company is poised to capture
this worldwide burgeoning market.
The company will continue advancing the development of its
current technologies and distribution power solutions, specifically
its Home Heating, H-Solaris and H2-Reactor initiatives, and will
continue its aggressive collaboration and acquisition strategy as
it relates to advances in core ODHP technologies.
The Company believes its acquisition and growth-oriented
business plan will provide stockholders with consistent equity
growth and access to the multi-billion dollar alternative energy
industry through its licensing and distribution of hydrogen-powered
energy systems and solutions.
About eHydrogen Solutions
eHydrogen Solutions (eHs) specializes in the development of On
Demand Hydrogen Production (ODHP) technologies designed to produce
hydrogen in the most cost effective, environmentally friendly and
sustainable manner possible for integration in to a number of clean
energy Distributed Power solutions. In addition to providing "on
demand" hydrogen technologies for aftermarket hydrogen enhancement
applications that increase the efficiency of virtually any
combustion process, eHs' portfolio of On Demand Hydrogen Production
(ODHP) technologies enables the integration with fuel cell
applications, advanced battery technologies, Combined Power &
Heating systems, Hydrogen Internal Combustion Engines (HICE) and
other energy efficient and environmentally friendly power
generating devices.
eHs' proprietary ODHP technologies are available to qualified
partners in a wide variety of vertical and/or geographic markets
worldwide, through joint development/adaptation, distribution and
production agreements.
Safe-Harbor
This release contains statements or projections regarding future
performance that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those projected as a result of certain
risks and uncertainties. The company's filings contain various RISK
FACTORS (and are incorporated on the Company's website "Investors"
section by reference) and should be read before any investment
decision.
The company maintains its web site at:
www.eHydrogenSolutions.com
Contact: Investor Relations Tel: +1 (775)-636-6077
info@eHydrogenSolutions.com
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