AEC Completes First Live Demonstration
Hydrogen-on-demand, from water, through metallurgic process.
Expecting product shipment later in 2005.
Adapted by Pure Energy Systems News
BURLINGTON, ONTARIO, CANADA -- Alternate Energy Corporation (OTCBB:
ARGY) has completed its first ‘live’ demonstration of its hydrogen
production unit (HPU).
The purpose of the demonstration was to provide a complete overview of the
unit's functionality while showcasing some of its key benefits, including
portability, safety and environmentally friendly by-products. In addition to
producing on-demand hydrogen in front of the crowd, the unit demonstrated
its ability to power a small generator at idle and under load.
AEC intends to provide a hydrogen fuel system that has mass-deployment
economics and provides small-scale, on-demand distributed generation of
electricity. AEC's proprietary discovery in metallurgy permits a small-scale
unit to generate hydrogen from an aqueous solution through a "green" system
at a price competitive with the current fossil fuel kWh cost of energy.
The demonstration was conducted on Sunday, May 8, 2005 at AEC’s contracted
laboratory in Downsview, Ontario, Canada. The attendees consisted of a
little over a dozen interested investors and other involved parties. The
Company anticipates scheduling product demonstrations with key strategic
partners in the first quarter of 2005, then shipping initial hydrogen
production and electricity generation systems later in 2005.
Blaine Froats, AEC’s Chairman and CEO stated, “It was evident that our
visitors were clearly impressed by what they witnessed. Though this first
meeting was conducted at our consultant’s facility for convenience, future
demonstrations will be delivered to the doorstep of interested parties,
fueling a variety of power applications.”
Video footage of AEC’s live demonstration will be made available on the
company’s website next week to registered shareholders and other qualified
individuals - see www.cleanwatts.com.
SOURCE:
Press Release:
http://www.cleanwatts.com/news/news.asp?id=75
CONTACT:
Suzanne Brydon
Investor Relations
Alternate Energy Corporation
(519) 620-2623
www.cleanwatts.com |