AlumiFuel Power to Showcase Its Portable Balloon Inflation System at American Meteorological Society Annual Meeting
December 08 2011 - 7:00AM
Marketwired
Early production stage hydrogen generation company AlumiFuel Power,
Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned
operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW)
(the "Company"), announced today it will display its PBIS-1000 unit
at the 92nd annual American Meteorological Society (AMS) Meeting in
New Orleans, January 23-26, 2012.
The annual AMS Meeting is the largest and most important
weather-related conference in the U.S. It brings together all of
the key players in the meteorological field, including systems
integrators, instrumentation and sensor manufacturers,
environmental engineering firms, weather information research and
analysis organizations, government users, and commercial customers.
There are over 100 exhibitors, and attendance is expected to match
last year's event, with more than 3,600 attendees from around the
world.
API's PBIS-1000, developed for a military user, with initial
delivery in 2010, represents the fourth generation of PBIS
technology under development since 2008. The PBIS-1000 uses 2
AlumiFuel cartridges to generate 1,000 liters of hydrogen lift gas
in 20 minutes to launch a 100g weather balloon. As API's first PBIS
commercial product, the PBIS-1000 represents a unique integration
of mechanical, chemical, fluid, gas, and air design leak-proof
components -- including coded stainless steel pressure vessels,
pumps, tubing, connectors, seals, filters and gauges, all housed in
a ruggedized polypropylene case. In September, 2011, API received a
contract from U.S. Air Force Special Operations Command for a new
system, the PBIS-2000. This new system, now under final development
for a late February 2012 delivery, generates sufficient hydrogen to
inflate and launch a larger 200g weather balloon.
CAD drawings of the PBIS-2000 will be on display at the AMS
Meeting, along with the PBIS-1000 unit, and API will actively be
taking orders for PBIS systems from new customers at the
Meeting.
The current weather balloon lift gas market is pegged at $200
million per year, and encompasses military as well as civil
government meteorological users worldwide. Traditionally, helium
has been used as the primary lift gas for weather balloons, but
with the increasing scarcity and cost of helium, users are rapidly
switching to hydrogen and API's PBIS family is far more mobile,
safe, and cost effective than other on-site hydrogen generation
systems. Based on customer feedback, API believes the PBIS family
can become field standard and lift gas product of choice for NATO
military users and meteorological customers worldwide. After
purchasing any unit of the PBIS family, typical customers continue
to purchase replacement cartridges to launch up to 700 balloons per
unit each year (up to 4,200 cartridges).
API's Director of Engineering, Mr. Sean McIntosh, said, "We are
very enthusiastic about showcasing our world-class PBIS technology
and products at the AMS Meeting, which will be attended by our
present customers and many prospective new ones. The theme of this
year's Meeting, 'Technology in Research and Operations,' fits us
perfectly."
About AlumiFuel Power, Inc. API (www.alumifuelpowerinc.com), the
Philadelphia, Pennsylvania-based wholly owned operating subsidiary
of AlumiFuel Power Corporation, is an early production stage
alternative energy company that generates hydrogen gas and
steam/heat through the chemical reaction of aluminum, water, and
proprietary additives. This technology is ideally suited for
multiple applications requiring on-site, on-demand fuel sources,
serving National Security and commercial customers. API's hydrogen
feeds fuel cells for portable and back-up power; fills inflatable
devices such as weather balloons; can replace costly,
hard-to-handle and high pressure K-Cylinders; and provides fuel for
flameless heater applications. Its hydrogen/heat output is also
being designed and developed to drive fuel cell-based and
turbine-based undersea propulsion systems and auxiliary power
systems. API has significant differentiators in performance,
adaptability, safety and cost-effectiveness in its target market
applications, with no external power required and no toxic
chemicals or by-products.
About AlumiFuel Power Corporation AlumiFuel Power Corporation
operates through its wholly owned operating subsidiary, AlumiFuel
Power, Inc., a Philadelphia-based early production stage
alternative energy company that generates hydrogen gas and heat for
multiple applications requiring on-site, on-demand fuel
sources.
Safe Harbor for Forward-looking
Statements
This news release may contain forward-looking statements that
are made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. While these statements
are made to convey to the public the company's progress, business
opportunities and growth prospects, they are based on management's
current beliefs and assumptions as to future events. However, since
the company's operations and business prospects are always subject
to risk and uncertainties, the forward-looking events and
circumstances discussed in this news release might not occur, and
actual results could differ materially from those described,
anticipated or implied. For a more complete discussion of such
risks and uncertainties, please refer to the company's filings with
the Securities and Exchange Commission.
CONTACTS: Investor Relations: AlumiFuel Power,
Inc. Thomas B. Olson Corporate Secretary 303-796-8940 Technical
Information & Marketing: API Laboratories 484-466-2427
Email Contact
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