~ARSC .03 X .031 News...
ARSC Hydra Unit Completes Production of Prototype Fuel Cells - Commencement of Certification Process is Imminent
Dec 14, 2006 4:16:00 PM
Copyright Business Wire 2006
HOUSTON--(BUSINESS WIRE)--
American Security Resources Corporation (OTCBB:ARSC) today announced that its Hydra Fuel Cell subsidiary is producing its final production prototype fuel cells. Final assembly and testing is expected to be completed in the next ten days.
"These are the units that we will use for certification and initial commercial production," said Bob Farr, President and COO of ARSC. "We have almost completely upgraded the HydraStax(TM) in the last ninety days, incorporating many technological advances and design efficiencies in the process. Working with a number of our suppliers we have developed new designs and materials that advanced our developmental designs into the state of the art fuel cell today." Farr added, "We have increased the cells efficiency and lowered their production costs in the process."
The HydraStax(TM) fuel cell is a proprietary technology developed by ARSC's wholly-owned subsidiary, Hydra Fuel Cell Corp. (www.hydrafuelcell.com), that increases both the efficiency and useful life of electric generating hydrogen fuel cells. The HydraStax(TM) unit is designed to be commercially mass produced.
American Security Resources Corporation, "ARSC", is a holding company acquiring and developing clean energy technologies.
For more information on ASRC, please see:
www.americansecurityresources.com or www.audiostocks.com.
Safe Harbor Statement:
This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.
About AudioStocks.com
AudioStocks.com is an Internet-based publishing platform designed to create, catalogue, distribute and make functional, financial content and data related to that content. AudioStocks.com solutions generate rich media exposure for public and private companies, industry groups and investment professionals through the AudioStocks.com proprietary software platform. AudioStocks.com software is primarily used to: (1) facilitate executive and company participation in industry and event-based roundtables and conferences; (2) create and distribute audio-based content related to a particular private or public company or an industry in which a company conducts business; (3) append interview-related and other rich media content to traditional press releases; and (4) for registered investment professionals only, to add interview-based audio content to financial research. AudioStocks.com content is distributed to millions of individuals online and over 30,000 financial professionals, including North American and international buy-side analysts, investment research professionals and portfolio managers. All content is copyrighted to protect licensing partners.
Source: American Security Resources Corporation
----------------------------------------------
American Security Resources Corporation
Frank Neukomm or Bob Farr
713-465-1001
info@amsrcorp.com
or
AudioStocks.com
Inc.
Phillip Morgan
760-804-8844 ext. 204
AI
