NEWS !!!
BEAVERTON, Ore., Oct 23, 2008 (BUSINESS WIRE) -- Hydra Fuel Cell Corporation
(www.hydrafuelcell.com), a wholly owned subsidiary of American Security
Resources Corporation (OTCBB:ARSC), announced today that it has been notified by
the U.S. Patent Office that its first patent will be issued on or about November
4, 2008, and is expected to carry US Patent No. 7,445,647.
Jim Twedt, President and CEO of Hydra, said, "This patent is titled 'Method for
Making a Single Unit Fuel Cell' and was central to the unique design we were
developing. Our fuel cell technology has advanced significantly since then,
overcoming some daunting scientific, technical and engineering challenges in the
process of becoming what we believe is the most advanced, affordable and
economical fuel cell to come to market."
Twedt continued, "We are assembling a commercial unit to send to
CSA-International to complete our certification process, after which we will
begin production to deliver to our $21,000,000 purchase order backlog."
American Security Resources Corporation
ARSC is a holding company developing clean energy technologies. Its Hydra Fuel
Cell Corp. subsidiary is developing high volume, mass producible hydrogen fuel
cells. Its American Hydrogen Corp. subsidiary is developing a method to
inexpensively formulate hydrogen from ammonia. For more information, please see:
www.americansecurityresources.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.
SOURCE: Hydra Fuel Cell Corporation
CONTACT:
Hydra Fuel Cell Corporation
Jim Twedt, 503-645-2523
info@hydrafuelcell.com
or
American Security Resources Corporation
Frank Neukomm or Bob Farr, 713-465-1001
info@amsrcorp.com
Copyright Business Wire 2008
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