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Hydrogen Hybrid Technologies Inc (HYHY) RSS Feed

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http://www.hydrogenht.com/ Welcome to the Bridge to the Hydrogen Future - the only commercially viable application of hydrogen in the consumer marketplace today! With increasing evidence, daily, of the twin perils of declining fossil fuel stocks and the increasing risk of catastrophic climate change/air pollution, there has never been a more urgent need for safe, efficient and effective means of improving the performance of internal combustion engines - of all types and sizes. Welcome to the solution - Hydrogen Fuel Injection (HFI)! The science behind HFI is well documented and, in fact, it has been known for some time (since a 1974 paper by the Jet Propulsion Lab of the California Institute of Technology) that the addition of hydrogen to fossil fuels, burned in internal combustion engines, will increase the efficiency of that engine. This study has been validated by a number of papers published by the Society of Automotive Engineers (SAE) and other researchers, and the development of the HFI product line began as far back as 1979. The process is effective with any fossil fuel (diesel, gasoline, propane, natural gas) or bio-fuel (biodiesel, ethanol) though it is most effective in diesel engines. Among other, more subtle effects, the presence of the hydrogen alters the initial stages of the unfolding combustion dynamic, altering the kinetic chemical pathway which the combustion follows. The net effect is to alter the time at which heat energy is released relative to the power cycle. The end result is to increase the adiabatic efficiency of the engine, which, in turn, means decreased fuel consumption, decreased emissions, improved horsepower and torque and decreased maintenance expenses. ________________________________________________________________________________________________________________________________ About HHT Hydrogen Hybrid Technologies Inc. (HHT), a publicly traded company (NASDAQ, HYHY:OTCBB) has obtained exclusive world-wide rights to sell the Hydrogen Fuel Injection (HFI) technology to Original Equipment Manufacturers (OEM), as well as a non-exclusive right to sell the HFI technology into world-wide after-market segments. HHT was formed over two years ago, and has recently been converted into a public vehicle. HFI is proprietary technology developed by Canadian Hydrogen Energy Company (CHEC). HHT's primary focus will be the integration of the HFI technology directly into the OEM engineering cycle. By developing trial data on specific applications and then working with each engine manufacturer to integrate HFI into the engine design, HHT will maximize the potential benefits - reduced fuel consumption and lower harmful emissions - of supplementing existing fossil fuels with the addition of fractional amounts of hydrogen. What Dolby™ is to sound quality, so HFI will be to combustion efficiency. HHT revenues will be derived both from sales of hardware as well as from licensing the technology to the OEM's. CHEC, based in Bowmanville, Ontario, is a privately held Canadian corporation that specializes in the development of on-demand hydrogen-generating technology designed to increase the efficiency of virtually any combustion process. The technology is based on a patented Hydrogen Fuel Injection (HFI) system, in which hydrogen and oxygen are generated on demand via electrolysis and then introduced into the combustion process. CHEC was formed to further the product development initially commenced by Bill Ross in 1979. Mr. Ross has spent almost 30 years developing an electrolyser that is reliable, thermodynamically efficient, and capable of operating in all weather conditions. CHEC brought a level of specialty expertise in areas such as software development, production engineering, and fundraising that was able to take the basic product and make it the world-leading technology it is today. The technology is based on a patented Hydrogen Fuel Injection (HFI) system, in which hydrogen and oxygen are generated on demand via electrolysis and then introduced into the combustion process. The HFI system draws electrical power, 12V or 110V, and splits distilled water to produce hydrogen and oxygen and then, both gases, are then injected directly into the air intake of the engine. In the engine, the hydrogen acts to alter the combustion profile of the fossil fuel such that the chemical energy is released at a more auspicious point in the power cycle resulting in greater adiabatic efficiency and lower emissions. By converting more chemical energy into mechanical energy, the engine operator is able to reduce fuel consumption and dramatically lower exhaust emissions (CO, PM, HC, NOx). Unique amongst all hydrogen technologies, HFI is commercially viable today. With a wealth of scientific study, third-party testing, and over 60 million miles of applied use in the transport truck, bus, and ambulance markets in North America, HFI has received the prestigious Environmental Technology Verification (ETV Canada), the highest environmental standard in Canada and the United States (and, increasingly, the international standard). HFI History CHEC was formed to further the product development initially commenced by Bill Ross in 1979. Mr. Ross has spent almost 25 years developing an electrolyser that is reliable, thermodynamically efficient, and capable of operating in all weather conditions. CHEC brought a level of specialty expertise in areas such as software development, production engineering, and fundraising that was able to take the basic product and make it the world-leading technology it is today. On this site is an account of the engineering history of the HFI technology. HHT was formed over two years ago, and has recently been converted into a public vehicle. The primary mandate of HHT is to target OEM markets. Through joint development with the OEM’s, HHT will create exceptional value by directly integrating the HFI unit into the engine design. Key Personnel Ira Lyons Director and President Ira brings an extensive background in business growth and management from a wide variety of industries that were specifically centered on new technologies. Ira has successfully developed growth strategies for Distribution and Installation Centers and is responsible for overall management, Sales and Business Development, International Licensing, and Corporate Strategies. Tom Rand Director and Secretary Tom Rand has extensive experience in high-tech, high-growth business. He founded Voice Courier Inc (VCi), a telecommunications software company, in 1991, and oversaw its expansion to operations of 100 employees in 3 countries and revenue in excess of 12M US annually. The VCi Group of Companies was profitable for each of the12 years it was under his control, and all associated companies were sold in May, 2005. In August, 2005 Tom founded VCi Green Funds Inc., a private equity firm active in the ‘greentech’ sector. Tom sits as Director, Clean Energy Developments Inc., a geothermal energy company. Tom joined CHEC as V.P. Environmental Science in January, 2006. Tom has a BASc Electrical Engineering and Applied Mathematics, University of Waterloo, a MSc Philosophy of Science, London School of Economics, Kings College, University of London, a MA Philosophy University of Toronto, and is presently working on a Phd at the University of Toronto. Steve Gilchrist Vice President Industry and Government Relations Steve's involvement in the hydrogen industry spans 22 years and he currently serves as a Director of the National Hydrogen Association, the premiere hydrogen industry trade association in North America. For eight years, Steve served as a Member of Provincial Parliament in Ontario, occupying a number of key positions including Minister of Municipal Affairs and Housing, Co-Chair of the Red Tape Commission, and the province.s first Commissioner of Alternative Energy. Prior to his time in government, he operated one of the most successful Canadian Tire franchise stores for 25 years. Steve will apply this business, political and environmental experience to his new job at HHT where his primary focus will be on expanding awareness of the HFI technology within government and OEM circles. Further key personnel will be announced in the near future, and a significant Advisory Board and sales team is currently being built. ________________________________________________________________________________________________________________________________ The HFI Science The science behind HFI has been well documented. Electrolysis, itself, is well understood and it has been known for over thirty years (since a 1974 study by the Jet Propulsion Lab of the California Institute of Technology for NASA) that the addition of hydrogen to fossil fuels, burned in internal combustion engines, will increase the efficiency of that engine. This premise has been validated by a number of papers published by the Society of Automotive Engineers (SAE). The concept is valid with any fossil fuel (diesel, gasoline, propane, natural gas) or bio-fuel (biodiesel, ethanol) though it is most effective in diesel engines. Among other, more subtle effects , the presence of the hydrogen alters the initial stages of the unfolding combustion dynamic, altering the kinetic chemical pathway which the combustion follows 1. The net effect is to alter the time at which maximum heat energy is released relative to the power cycle, increasing the adiabatic efficiency of the engine (typically a modern diesel engine runs around 40% efficient - an increase of only 4% in the adiabatic efficiency results in a 10% decrease in fuel consumption!). Note that the results are not simply caused by the displacement of a small amount of fossil fuel with an equivalent volume of hydrogen. Rather, the increase in efficiency is gained by getting more useful work out of the fossil fuel itself, resulting in less energy wasted in the form of heat, light and sound. What CHEC has done differently from its competitors is to focus on delivering an engineering solution using these scientific principles that is reliable, efficient, and cost-effective. As an integral part of the research and development cycle, HFI delivers products geared toward specific vertical markets which have gone through an extensive field trial and testing verification stage. 1 Due to the proprietary nature of this technology, and the competitive advantage afforded HHT by our detailed understanding of the mechanisms involved, a full explanation of the science and intellectual property will only be made available to those who undertake a comprehensive NDA. Key Success Factors The success HFI has experienced to date is directly attributable to its ability to address the following three key external market forces: Fuel Costs Rising fuel costs make for a convincing argument that the HFI application will find an ever-increasing and ever-more appreciative customer base. There are finite amounts of oil in the ground, the oil sands are enormously expensive to exploit, and demand for fossil fuels has been surging around the world as markets in developing countries expand to meet the growing economic demands of their citizens. Environmental There is clearly emerging global consensus, both from the public and from the various levels of government, on the necessity to reduce emissions for reasons of climate change and urban health. Smog is becoming a major health problem for North American cities and for other large urban centers around the world, and the health costs and reduction in quality of life are becoming both more obvious and quantifiable. Climate change poses a major threat to the on-going stability of our ecosystems and economies, which has been recognized by the ratification of the Kyoto protocol in February 2005 and the recent COP 11 Summit in Montreal. Governments are showing an increasing willingness to motivate the penetration of technologies, such as HFI, through emission regulations, such as California’s near-zero emissions vehicles (ZEVs), Ontario’s Drive Clean Program, and the progressively tighter regulations in the EU, Japan and even China. Energy Security Fed by the perception that fuel stocks are limited, countries, such as Iceland, Sweden, and the US, are looking to extend the life expectancy of their existing fossil fuel infrastructures explicitly through the use of new technologies with a particular emphasis on hydrogen technologies. The perception of the need to increase energy security aligns nicely with the HHT corporate strategy of being a global leader in providing engineering solutions for fuel and emission reductions in a world moving from a fossil fuel economy to a hydrogen economy. HFI addresses these three major concerns, particularly the most important market driver–cost. As mentioned earlier, the direct economic benefit of HFI is a reduction in fuel consumption ranging, with market tests having proven savings between 10-30%. The resulting fuel savings make it possible to be cash-flow positive from “day one” by taking advantage of the leasing options offered by HHT. Use of the HFI system results in significant reductions in emissions of carbon monoxide, sulfur dioxide, hydrocarbons, particulate matter, nitrogen oxide, and greenhouse gases (GHG), such as carbon dioxide. More than just “green” marketing points, the reduction in GHG's, and can generate revenue in the form of Emission Reduction Credits in many jurisdictions around the world. Having cleaner engines creates an ancillary economic benefit to customers since such emission reductions will allow owners of aging fleets to meet current and emerging emission regulations without having to replace existing equipment. Finally, the use of HFI technology results in, an increase in torque and horsepower, as well as reduced engine wear and decreased maintenance expenses, creating additional savings for users. Competition Competitive Analysis With the primary focus at HHT being on the HGV and light truck markets, the principle competition comes from manufacturers of "passive" emissions control technologies. There are a variety of advanced exhaust treatment products, including diesel particulate filters and diesel oxidation catalysts but, while they offer comparable emissions reductions to HFI, in every case they increase fuel consumption (by increasing back pressure on the engine) by an average of 3.5%-a stark contrast to the fuel savings achieved by HFI. The existing market for these devices is literally billions of dollars, with companies such as Arvin Meritor, Johnson Matthey, and Delphi each transacting over $1/2 billion in related sales, not to mention dozens of smaller manufacturers around the world. Clearly, HFI enjoys a unique position within the realm of emission control devices, and it's ability to address both the problems of increasing fuel costs and increasing government regulation of exhaust emissions ensures it a large and receptive marketplace. While the technology has started to attract serious investors, and competition, there is broad recognition of the technical superiority of the HFI technology. A recent analysis by Capstone Investments (HGS Update, 4.12.07), for example, noted: "The CHEC unit was roughly two-thirds the size of the Hy-Drive unit and experienced similar emission reductions and fuel savings, with an average savings of 8-12%. The HFI appeared to have more features ... and capacity to download software updates ...". Indirect competition would include technologies such as fuel cells, battery-powered vehicles, hybrid vehicles, alternative fuels, and other emission reduction alternatives, such as diesel oxidation catalysts and diesel particulate filters. Of these, the only truly price-competitive products are the diesel particulate filters, but their use, while accomplishing the goal of reducing PM comes with the financial penalty of reducing fuel efficiency by 3.5 - 4% and does nothing to reduce CO2. Diesel oxidation catalysts, similarly, reduce engine efficiency, and the emissions benefits come with equipment costs on par with an HFI HT. Hybrid vehicles are gaining customer acceptance, but are not, in fact, a competitor to the HFI system since the HFI system can be regarded as a complementary technology. Indeed, as mentioned earlier, "hybrid" may soon refer to the hybrid of hydrogen-hydrocarbon, not gasoline-electric. Alternative fuels, such as ethanol, again can be seen as complementary technologies since the HFI device can be used in conjunction with them. As part of its long-term vision, CHEC will develop partnerships with companies in the bio-fuel industry to develop hydrogen blends that will make those fuels even cleaner and less expensive. Longer term, the company recognizes that other applications of hydrogen hold extraordinary potential as the source of 100% of the energy for fixed and mobile engines, and a strategy to exploit its competitive advantage and develop a comprehensive family of hydrogen technologies. Already, millions of tonnes of hydrogen are used in industrial processes, particularly in the oil and gas industry, to improve fossil fuel feedstocks. In the future, as cost effective production techniques are implemented, 100% of fuel demand, particularly in remote locations and on islands, will be met by the combustion of pure hydrogen. HFI is the perfect bridge to that hydrogen future, as it demonstrates the practicality, the efficiency, the cleanliness, and the safety of hydrogen, particularly for home fueling stations and in partnership with wind or solar electricity generation, as a means of storing energy from intermittent production sources. ________________________________________________________________________________________________________________________________ HHT News Latest News Release Hydrogen Hybrid Technologies, Inc. returns 40,000,000 shares to treasury Tuesday June 24, 8:11 am ET http://biz.yahoo.com/prnews/080624/to237.html?.v=73 June 13, 2008 - Hydrogen Hybrid Technologies Commences Lithuanian Fleet Placement http://biz.yahoo.com/prnews/080613/to225.html?.v=67 News Archive http://finance.yahoo.com/q/h?s=HYHY.OB ________________________________________________________________________________________________________________________________ HHT Products HFI LX Series The newest product offering—the HFI LX Series - was launched in July 2007 and is designed for applications in the Heavy Goods Vehicle (HGV) market. HGVs are Class 7 and Class 8 heavy duty, long-haul trucks & buses (7.3 to 16 litres) that typically run on diesel. The HFI unit uses distilled water, runs for 65 hours between fills, and incorporates a number of safety features the most salient of which is the fact that no hydrogen is stored on-board since it is generated only on-demand. An optional on-board digital controller monitors the device and also allows for two-way wireless connection, via satellite, along with full GPS capability. Software updates and monitoring can be performed remotely. Additional revenue streams are possible by leveraging this communications ability as a complementary business, both as a fleet management service and as a personal communications service. HFI SX Series A second, smaller device—the HFI LT Series—was released in November 2005 for application on passenger vehicles and Class 1 through Class 4 light trucks up to 7.3 litres. Current plans call for the innovations in the LX series to be incorporated in the smaller unit with the updated model - the SX - being released in the fall of 2007. CHEC has developed a complete supply chain for all components and has certified all suppliers. Current production capacity stands at 2000 units per month with planned expansion to 10,000 units per month. The product is completely safe, extremely durable, capable of operating under any climatic conditions, and engineered to last for at least a decade in the toughest environments. No engine warranty is voided by the addition of the HFI LX or LT device or, to the best of our knowledge, from the addition of hydrogen to fossil fuels used in any internal combustion engine. The LT has been upgraded with the newest technology from the LX Series HFI System. The latest version, the SX Series (formerly the LT Series) will be launched in the fall of 2007. ________________________________________________________________________________________________________________________________ HHT Contact Head Office Hydrogen Hybrid Technologies 1845 Sandstone Manor, Unit 10, Pickering, On. Canada. Phone: 905-697-4880 email: info@hydrogenht.com or ilyons@hydrogenht.com ________________________________________________________________________________________________________________________________ CIK # 0001163002 http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=0001163002&filenum=&State=&SIC=&owner=include&action=getcompany ________________________________________________________________________________________________________________________________ Daily Charts The Big Picture Weekly View Add Your Own Indicators Here: http://stockcharts.com/charts/gallery.html?HYHY ________________________________________________________________________________________________________________________________ http://quotes.barchart.com/quote.asp?sym=hyhy&what=quote Time/Date/Buys/Sells http://ih.advfn.com/p.php?pid=trades&btn=s_ok&s_symbol_select=PINK:HYHY&symbol=hyhy&s_ok=OK&minimise=&java_vm=sun&java_vm_ver=1.6.0_05&fp=9.0.115 Candlestick Analysis: http://www.zecco.com/blogs/itradestations_blog/Candlestick-Analysis.aspx ________________________________________________________________________________________________________________________________ Learning and Teaching Resources for Investing in the Markets http://investorshub.advfn.com/boards/board.asp?board_id=11294 http://stockcharts.com/school/doku.php?id=chart_school http://www.candlesticker.com/Cs05.asp ________________________________________________________________________________________________________________________________
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