HyperSolar Extends Agreement With Top University for Research and Development
January 15 2014 - 2:15AM
Marketwired
HyperSolar Extends Agreement With Top University for Research and
Development
Company Extremely Pleased With Progress at UC Santa Barbara for
Green Hydrogen Production Process
SANTA BARBARA, CA--(Marketwired - Jan 15, 2014) - HyperSolar,
Inc. (OTCQB: HYSR), the developer of a breakthrough technology to
produce renewable hydrogen using sunlight and any source of water,
today announced that it has extended its sponsored research
agreement with the University of California, Santa Barbara (UCSB)
through July of 2014.
HyperSolar's research is centered on developing a low-cost and
submersible hydrogen production particle that can split water
molecules under the sun, emulating the core functions of
photosynthesis. Each particle is a complete hydrogen generator that
contains a novel low-cost high-voltage solar cell bonded to
chemical catalysts protected by a proprietary encapsulation
coating. A video of an early proof-of-concept prototype can be
viewed at http://hypersolar.com/application.php.
In the next phase of the research program with UCSB, the team
aims to achieve the following milestones:
1. Fabricate solar absorbers using low cost methods
2. Build a low cost 1.5 volt prototype particle capable
of direct water splitting
Tim Young, CEO of HyperSolar, said, "Our cutting-edge research
program at the University of California Santa Barbara led by Dr.
Syed Mubeen Hussaini continues to make impressive progress. The
recently announced 1.1 volt milestone is very exciting in that it
provides us with a clear and encouraging roadmap to reach the 1.5
volts needed for splitting water molecules into hydrogen and
oxygen. We believe that producing renewable hydrogen anywhere there
is water and sunlight is the key to realizing a sustainable
hydrogen economy. For example, using our technology, hydrogen
fueling stations could be built next to self-contained solar
hydrogen production plants."
"We are very encouraged by the recent announcements from
Hyundai, Honda, Toyota and other major auto manufacturers regarding
the delivery of hydrogen fuel cell cars next year," continued
Young. "We believe there is going be increasing demand for a
greener way to produce hydrogen, and we believe that the best way
to make green hydrogen is using sunlight and water."
About HyperSolar, Inc.
HyperSolar is developing a breakthrough, low cost technology to
make renewable hydrogen using sunlight and any source of water,
including seawater and wastewater. Unlike hydrocarbon fuels, such
as oil, coal and natural gas, where carbon dioxide and other
contaminants are released into the atmosphere when used, hydrogen
fuel usage produces pure water as the only byproduct. By optimizing
the science of water electrolysis at the nano-level, our low cost
nanoparticles mimic photosynthesis to efficiently use sunlight to
separate hydrogen from water, to produce environmentally friendly
renewable hydrogen. Using our low cost method to produce renewable
hydrogen, we intend to enable a world of distributed hydrogen
production for renewable electricity and hydrogen fuel cell
vehicles. To learn more about HyperSolar, please visit our
website at http://www.HyperSolar.com.
Safe Harbor Statement Matters discussed in this press release
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words "anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein, and while expected, there is no guarantee that we will
attain the aforementioned anticipated developmental milestones.
These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These include, but are not limited to, risks and
uncertainties associated with: the impact of economic, competitive
and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently; and other factors detailed in reports
filed by the Company.
Press Contact: Tim Young HyperSolar, Inc. 510 Castillo St. Suite
304 Santa Barbara, CA 93101 Email Contact Office: 805-966-6566
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