HOUSTON, Mar 07, 2006 -- BUSINESS WIRE
American Security Resources Corporation (OTCBB:ARSC) announced today that its Hydra Fuel Cell Corporation subsidiary will deliver a beta unit of its proprietary HydraStax(TM) hydrogen fuel cell to be tested by Bonneville Power Administration (www.bpa.gov). Bob Farr, President of ARSC, stated, "This is a major milestone on our path to commercialization of this breakthrough fuel cell technology. The remote telecom and radio broadcast facilities where BPA sees using these fuel cells is a primary market for us. We can begin taking orders when we are through the first stage of certifications, probably in the next ninety days or so." The HydraStax(TM) is designed to be the first commercially mass producible hydrogen fuel cell. It is designed for fixed power applications up to 40kW. American Security Resources Corporation ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, is developing high volume, mass producible hydrogen fuel cells. For more information, please see: www.americansecurityresources.com. Safe Harbor Statement his 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: American Security Resources Corporation |