AlumiFuel Power Updates Its Patent Portfolio
May 24 2012 - 7:00AM
Marketwired
Early production stage hydrogen generation company AlumiFuel Power
Corporation (OTCBB: AFPW) (the "Company") through its operating
subsidiaries, announced today that its U.S. and Patent Cooperation
Treaty (PCT) patent filings have entered into a new phase.
The Company originally filed its "Omnibus Patent" as a U.S.
Provisional Patent in September, 2009. This application covered a
series of claims relating to novel methods and equipment for the
production of hydrogen and energy tailored to meet the specific
portable power requirements of various end-user applications. This
"Omnibus Patent" application encompassed reactant chemical mixes,
reactor vessels, proprietary additives and packaging. In April
2010, this same "Omnibus Patent" application was filed under the
International Phase of the PCT, claiming the priority of the U.S.
Provisional Patent application.
With the requisite passage of 30 months, the Company has now
entered into the Regional and National Phase of the PCT. The
Regional Phase entails a new filing of the "Omnibus Patent"
covering 18 countries in Western Europe and Poland, while the
National Phase involves new Non-Provisional filings of the "Omnibus
Patent" in the U.S. and Canada.
The President & CEO of the Company's operating subsidiary,
Mr. David Cade, said, "This new phase of patent filings provides
continuing meaningful patent protection for the Company and its
shareholders. Based on the opinion of our highly esteemed patent
counsel, this novel technology does not infringe on any known prior
art as reflected in issued and unexpired patents."
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: 610-660-7775
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