AlumiFuel Power Will Feature Its PBIS-2000 at AMS Annual Meeting
January 17 2012 - 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 feature its Portable
Balloon Inflation System (PBIS)-2000 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.
The PBIS-2000, now in final development for a 1Q 2012 delivery
to the US Air Force Special Operations Command (AFSOC), generates
sufficient hydrogen to inflate and launch a 200g weather balloon
with a 1400g payload package in 20 minutes. This new system
represents the latest lift gas technology developed by API,
including operations at ambient pressure and low temperatures.
API's first commercial PBIS product, the PBIS-1000, was developed
for a military user, and uses two AlumiFuel cartridges to generate
1,000 liters of hydrogen lift gas to launch a 100g weather
balloon.
The PBIS-2000 configuration advances the PBIS-1000 technology,
with the same unique integration of mechanical, chemical, fluid,
gas, and air design leak-proof components -- including coded
stainless steel pressure vessels -- all housed in a ruggedized
polypropylene case. It has the capability to use up to six
AlumiFuel cartridges depending on the user's launch time
requirements and balloon size. Based on increasing expressions of
interest by government customers and Defense Systems Integrators,
API will showcase the PBIS-2000 at the AMS Meeting through
marketing handouts and visual aids, including the CAD drawings now
being used to fabricate the unit which will be delivered to AFSOC.
In this light, API has decided not to physically transport the
PBIS-1000 unit to the AMS show, as originally announced. At the
exhibit, API will have marketing literature and specifications on
all PBIS systems (the PBIS-2000, PBIS-1000, and PBIS-30 for pilot
balloons), and will be taking orders from new customers.
The meteorological systems group of the largest U.S. defense
contractor has stated that the API PBIS systems are ideal for
mobile and remote lift gas operations as compared to other field
hydrogen generation systems; they have invited API to attend their
suite exhibit at the AMS Meeting, and have expressed interest in a
potential mentor/protégé relationship.
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
now pleased to be able to showcase the final development
configuration of the PBIS-2000 at the annual AMS Meeting."
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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