eHydrogen Solutions Files Annual Report: Positioned for Growth With Asset Increase of 1,355%
June 03 2010 - 8:30AM
Marketwired
eHydrogen Solutions, Inc. (PINKSHEETS: EHYD) files financial report
for the period ending March 31, 2010. $15.9 million in Revenue
since inception and 1,360% increase in Assets.
The Company posted revenue of $15.9 million since inception and
increased its Assets by 1,360% from the same period last year.
Pursuant to the Company's policy of investor transparency, the
Company maintains regular public disclosures and filings with the
OTC Disclosure Service. Further disclosures will be filed detailing
the company's ongoing activities.
The Company's portfolio possesses of core proprietary On Demand
Hydrogen Production (ODHP) technologies that have a preliminary
market valuation at least tenfold its acquisition valuation of
$6,736,000.
As a result of recent acquisitions and development progress in
its core ODHP technolgies, eHydrogen Solutions (eHs) has emerged as
a focused Intellectual Property and Technology holding company that
specializes in the acquisition and development of ODHP technologies
designed to produce hydrogen in the most cost effective,
environmentally friendly and sustainable manner possible for
integration in to a wide variety of clean energy solutions.
The Company has made important technical and financial resources
available to support this strategic paradigm shift in its
development strategy. Included are a corporate-wide re-branding and
the commencement of its pioneering Development & Demonstration
Collaboration program of its proprietary On Demand Hydrogen
Production (ODHP) Technologies.
The addition of advanced Photoelectrolysis, artificial
Photosynthesis and reactive metal technologies to eHs' core ODHP
technologies, particularly its H-Solaris and H2-Reactor Distributed
Energy projects, has increased the volume of on-site hydrogen to
levels sufficient to meet the fuelling requirements of Combined
Heat & Power systems, Distributed Powers solutions, including
Hydrogen Fuel Cell Vehicles. This has important potential
implications, since hydrogen can be produced on-site, at little
cost using no outside energy source, on the sun or reactive metals
and water; and does not need to be transported or stored.
As a result of recent acquisitions and development progress in
its core ODHP technolgies, eHydrogen Solutions (eHs) has emerged as
a focused Intellectual Property and Technology holding company that
specializes in the acquisition and development of ODHP technologies
designed to produce hydrogen in the most cost effective,
environmentally friendly and sustainable manner possible for
integration in to a wide variety of clean energy solutions.
The Company encourages collaboration with public, private and
institutional partners in all phases of the development cycle; and
accepts submissions from both joint venture development partners
and inventors on its website at www.eHydrogenSolutions.com.
The Company recently announced it had increased its focus and
resources to the critical Technology Development &
Demonstration phase of the Innovative Cycle, which includes
Prototype, Demonstration and Market Analysis through collaboration.
The Company believes its acquisition and growth-oriented business
plan will provide stockholders with consistent equity growth and
access to the multi-billion dollar alternative energy industry
through its licensing and distribution of hydrogen-powered energy
systems and solutions.
The Company continues to develop and license a variety of
technologies and power systems founded on its core ODHP holdings
and will make further announcements on the progress of each of
these new initiatives as the various technologies are integrated
into its development and partnership programs.
The Company believes its acquisition and growth-oriented
business plan will provide stockholders with consistent equity
growth and access to the multi-billion dollar alternative energy
industry through its licensing and distribution of hydrogen-powered
energy systems and solutions.
About eHydrogen Solutions eHydrogen
Solutions (eHs) specializes in the development of On Demand
Hydrogen Production (ODHP) technologies designed to produce
hydrogen in the most cost effective, environmentally friendly and
sustainable manner possible for integration in to a number of clean
energy Distributed Power solutions. In addition to providing an "on
demand" hydrogen technologies for aftermarket hydrogen enhancement
applications that increases the efficiency of virtually any
combustion process, eHs portfolio of On Demand Hydrogen Production
(ODHP) technologies enables the integration with fuel cell
applications, advanced battery technologies, Combined Power &
Heating systems, Hydrogen Internal Combustion Engines (HICE) and
other energy efficient and environmentally friendly power
generating devices.
eHs' proprietary ODHP technologies are available to qualified
partners in a wide variety of vertical and/or geographic markets
worldwide, through joint development/ adaptation, distribution and
production agreements.
Safe-Harbor This release contains
statements or projections regarding future performance that is
forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. Actual results may differ materially
from those projected as a result of certain risks and
uncertainties. The company's filings contain various RISK FACTORS
(and are incorporated on the Company's website "Investors" section
by reference) and should be read before any investment decision.
The company maintains its web site at:
www.eHydrogenSolutions.com
Contact: Investor Relations Tel: +1 (775)-636-6077
info@eHydrogenSolutions.com
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