Quantum Bit Announces Technology Transfer
July 15 2008 - 11:16AM
Marketwired
HOUSTON, TX announced today the technology transfer of a
proprietary Nuclear Hydrogen Generation Device to Mustang
Performance HQ, Inc. (PINKSHEETS: MPFH) for refinement and
commercialization.
The Nuclear Fusion Electrolysis Device (NFED) is an affordable
and efficient automotive aftermarket product that increases
horsepower and reduces fuel consumption in internal combustion
engines, both gasoline and diesel.
The NFED fits under the hood of the vehicle and utilizes the
engine heat and available DC current to initiate low energy nuclear
reactions and break to break the molecular bond between Hydrogen
and Oxygen, freeing each to be injected in to the combustion
chamber along with the petroleum to increase power and reduce
engine heat resulting in reduced fuel consumption and a smoother
running longer lasting engine. The device promises to be economical
to purchase, simple to install and has no moving parts to wear out.
The consumable component is water.
Mustang Performance HQ, Inc. (PINKSHEETS: MPFH) is an after
market automobile performance and appearance facility specializing
in the Ford Mustang and similar "muscle car" enthusiast market.
With the emphasis on "performance," the client base is growing for
cars of all makes and vintages.
Mike Clifton has established a well deserved reputation for
quality work and fair prices in a business sector not famous for
garnering positive accolades. The company estimates that 83.5% of
their new business comes from satisfied customer referrals. Clifton
reports, "We have been more than doubling our production yearly and
an end to that production curve is not yet in sight. We thrive on
restoring and returning cars to the road that others gave up on,
but 'Performance' is our middle name. That said, the NFED is the
most exciting, practical and economical device we have seen to
date."
MPH, Inc (PINKSHEETS: MPFH) has established an equity
relationship with Quantum Bit Induction Technologies, Inc.
(PINKSHEETS: QBII), a technology development company focused on
practical innovative applications of quantum technologies including
power and propulsion.
Investors are cautioned that the company is small and is working
in highly speculative and very technical areas. Investors should
become informed about our company, philosophy, and mission before
investing. The statements made in this release are based on the
information available to the company at the time of release. Any
forward-looking statement or opinion contained in this release is
accurate to the best of our knowledge.
Contact: Quantum Bit Induction Technology, Inc. Pete McCain
Secretary 281-360-6336 Quantum Bit Induction Technology:
qbitoffice@quantumbit.com Mustang Performance Headquarter, Inc.
mphinc@consolidated.net