AlumiFuel Power's PBIS-2000 Unit Shipped to Air Force Customer
April 10 2012 - 7:00AM
Marketwired
Early production stage hydrogen generation company AlumiFuel Power
Corporation (OTCBB: AFPW) (the "Company") through its subsidiaries,
announced today that the Portable Balloon Inflation System
(PBIS)-2000, unit was shipped to the U.S. Air Force Special
Operations Command on Monday, April 9. A team of the Company's
engineers will conduct training at the customer's site later this
week.
The Air Force customer has operational plans for this first
PBIS-2000 unit following the on-site training session by Company
engineers. The Company anticipates follow-on orders for the
PBIS-2000 hydrogen generator and AlumiFuel cartridges from the Air
Force and other potential customers.
A short video of the final pre-shipment outside testing of the
unit and the balloon filling can be viewed at
http://vimeo.com/39992326.
The President & CEO of AFPW's operating subsidiaries, Mr.
David Cade, said, "Delivery of this first PBIS-2000 unit represents
a major milestone for the Company, and we are excited about meeting
the stringent mission requirements of Air Force Special Operations
users."
About AlumiFuel Power Corporation AlumiFuel Power Corporation,
operating through its subsidiaries, 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. The Company'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. The Company 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
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
Corporation Thomas B. Olson Corporate Secretary 303-796-8940
Technical Information & Marketing: Email Contact
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