eHydrogen Solutions to Increase Revenues and Portfolio Valuation From Obama's Clean Energy Push
June 09 2010 - 8:30AM
Marketwired
eHydrogen Solutions, Inc. (PINKSHEETS: EHYD) anticipates enhanced
revenue growth and asset valuations arising from President Obama's
call to hasten the American economy's transition to clean energy.
The US President, Barack Obama, has tapped into public outrage
over the Gulf of Mexico oil spill to push the case for imposing ''a
price on carbon pollution'' in a bid to hasten the American
economy's transition to clean energy.
President Obama mapped out as a solution more energy-efficient
homes, businesses and vehicles, greater reliance on natural gas and
nuclear power and eliminating tax breaks for dirty energy
sources.
''The time has come to aggressively accelerate that
transition,'' he said in Pittsburgh. ''The time has come, once and
for all, for this nation to fully embrace a clean-energy
future.''
''But the only way the transition to clean energy will
ultimately succeed is if the private sector is fully invested in
this future, if capital comes off the sidelines and the ingenuity
of our entrepreneurs is unleashed."
As a result of recent acquisitions and development progress in
its core ODHP technologies, eHydrogen Solutions (eHs) stands in the
forefront as a design leader in hydrogen technologies and solutions
in the most cost effective, environmentally friendly and
sustainable manner possible for integration in to a wide variety of
clean energy solutions.
The Company now expects projected revenue and asset valuation to
substantially increase. It has recently posted revenue of $15.9
million since inception and 1,360% increase in Assets from the same
period last year. The Company's portfolio consists of proprietary
On Demand Hydrogen Production (ODHP) technologies that have a
preliminary market valuation at least tenfold the acquisition
valuation of $6,736,000.
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.
The distributed and localized production of hydrogen through
energy efficient and cost-effective methods creates the economic
basis for a hydrogen driven economy. The Company is posed to
capture this worldwide burgeoning market.
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 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 "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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