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Monday, 11/28/2005 1:47:56 PM

Monday, November 28, 2005 1:47:56 PM

Post# of 979
Nice board.. ARSC had nice news..Inventor, Entrepreneur and Intel Executive Ed Davis Joins Board of ARSC; Fuel Cell Inventor to Lead Hydra Fuel Cell Corporation Subsidiary

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Business Editors

HOUSTON--(BUSINESS WIRE)--Nov. 28, 2005--
American Security Resources Corporation (OTCBB:ARSC),
announced today that Ed Davis, Director of Business Development,
Consumer Electronics Group at Intel Corporation (NASDAQ:INTC), has
joined the company's Board of Directors, effective November 21, 2005.
Ed was also founder and Director of Engineering of Intel's TPO
(Television Platform Operation). According to Bob Farr, President of
American Security Resources Corporation, "Ed brings to ARSC a wealth
of experience, having served on the Boards of two public companies,
Helionetics (HLX) on the American Exchange and CompuCorp (which merged
into RETX) on NASDAQ."
Farr went on to note that, in addition to his notable
accomplishments at Intel Corporation, Mr. Davis has an impressive
track record of helping start-ups achieve rapid financial growth.
"Early in his career, Ed built his own company from inception to $5
million per year and sold it to Helionetics," said Farr. "He was a
founding member that built Exsysco which became National Advanced
Systems from scratch to $300 million in 18 months. He was also a
founder of a new division of Intel that achieved $750 million in sales
in two years. We are confident that Ed will guide our subsidiary,
Hydra Fuel Cell Corporation, to its goal of over $100 million in sales
within the next few years."
Mr. Davis holds degrees in Physics and Computer Science and is
currently completing a PhD in Physics from Michigan State University.
Mr. Davis is also a member of IEEE (Institute of Electrical and
Electronic Engineers), ACM (Association for Computing Machinery), MAA
(The Mathematical Association of America), and SCS (Society for
Computer Simulation). Mr. Davis has presented more than 50
publications and holds several worldwide patents and pending patents.

Shareholders Meeting and Board Actions

ARSC held its annual shareholders meeting on November 21, 2005. At
the meeting Joe Grace, Chairman and President, announced his
retirement because of health issues, and he resigned from the Board.
He will continue to act as a consultant to the company on mergers and
acquisitions as well as capital formation. Also at the meeting Frank
Neukomm was elected to a two year term as a director. Bob Farr and
Robert Wilson were elected to one year terms. Shareholders also
approved the Company's "Incentive Stock Plan" and approved the
appointment of Malone & Bailey as auditors.
After the shareholders meeting the Board of Directors met and
elected Ed Davis to the Board and Frank Neukomm as Chairman.
Subsequently the Board elected Bob Farr as President and COO.

About American Security Resources Corporation

American Security Resources Corp. is a holding company actively
seeking to acquire profitable, well-managed companies that provide
products or services for homeland security, national defense or that
relate to the development of the Company's hydrogen fuel cells. For
more information, please visit our website at:
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 results
will meet or exceed such expectations.



KEYWORD: NORTH AMERICA TEXAS UNITED STATES
INDUSTRY KEYWORD: GOVERNMENT DEFENSE FEDERAL GOVERNMENT AGENCIES MANUFACTURING ENGINEERING PERSONNEL
SOURCE: American Security Resources Corporation


CONTACT INFORMATION:
American Security Resources Corporation, Houston
Frank Neukomm or Bob Farr, 713-465-1001
info@amsrcorp.com
or
B&B Marketing Communications, Houston
Pete Belcher, 713-774-0642
pete@bbmarcom.com





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