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AEC's Mobile Demonstration Program Nears Completion
Alternate Energy Corp.'s proprietary metallurgy technology 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.
BURLINGTON, ONTARIO - Alternate Energy Corp. (AEC) (OTCBB - ARGY) has
announced that it is completing a mobile "road show" program to
demonstrate its small scale, on-demand Hydrogen Production Technology to target
audiences.
By delivering the demonstration to their doorstep, AEC's mobile "road
show" program is designed to swiftly present its technology to a long list
of prospective commercial customers, potential licensees, select government and
institutional contacts, and other interested commercial and investor parties.
This aggressive promotional approach was fueled by the company's goal to
accelerate the product development timetable and take advantage of several
immediate opportunities.
The first group of demonstrations will specifically target large manufacturers
of engines for indoor and outdoor power equipment whom have been qualified for
their potential licensing capability while also possessing a genuine need for
clean, alternative and mobile power. Demonstrations within the financial
community are expected to include select brokers, institutional investors and
fund managers. Separate demonstrations are being planned for the public and
media at a later date.
AEC's mobile demonstration program will include live demonstrations of its
Hydrogen Production Unit (HPU) fueling a variety of small engine applications.
Highlights include the running of two internal combustion engine generators (2.5
HP & 6.4 HP), under load, and two miniature motorcycles (2 and 4-stroke),
each with an on-board, scaled-down HPU. Specific power devices were chosen to
effectively demonstrate the versatility of AEC's HPU across a wide range of
major market applications, while showcasing the benefits of purity, portability,
safety and cost-efficiency.
Blaine Froats, Chairman and CEO, said, "With interest rapidly growing from
a large number of commercial organizations across numerous industries in the
U.S., Canada, Asia, New Zealand, South America & the Caribbean, AEC has
accelerated its efforts to test, assemble and prepare its first demonstration
units for direct presentation to many of these companies. AEC is very excited
about the numerous opportunities on the near horizon."
Details on exact schedules and demonstration locations, when available, will be
announced shortly on AEC's web site (www.cleanwatts.com).
About Alternate Energy Corporation
AEC intends to provide a hydrogen fuel system that has mass-deployment
economics and provides small-scale, on-demand distributed generation of
electricity. 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. 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.
# # #
SOURCE
cleanwatts.com press
release
CONTACT
Suzanne Brydon
Investor Relations
Alternate Energy Corporation
(519) 620-2623
www.cleanwatts.com
Previous Coverage
- AEC
Takes Delivery of First E8 Fuel Cell Generator From Astris Energi -
2.4-kW generator has an electrical efficiency greater than 50%, higher than
any in its class. Plans underway to couple Astris' E8 Generator with
Alternate Energy Company's low-cost, small-scale, proprietary, portable
Hydrogen technology that produces fuel cell pure hydrogen gas on demand,
from water. (PESN; Jan. 19, 2005)
- AEC
Perfecting Hydrogen from Water - Alternate Energy Corporation has
derived a means of generating hydrogen through a proprietary metallurgic
alloy composed of readily available elements. (PESN; June 12, 2004)
Hydrogen-Electric
Hybrid Car Planned - Alternate Energy Corporation in association
with Feel Good Cars to produce affordable vehicle that operates not on
fossil fuel but water. (PESN; June 10, 2004)
See also
Page composed by Sterling
D. Allan Apr. 12, 2005
Last updated July 16, 2005
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