eHydrogen Solutions' H-Solaris Projects Benefit From Recent Advances: $12m License Scope Expanded
July 09 2010 - 8:30AM
Marketwired
eHydrogen Solutions, Inc. (PINKSHEETS: EHYD) anticipates recent
research advances in artificial photosynthesis to greatly expand
the market value and income potential of its H-Solaris Development
Projects, particularly the recently announced $12,000,000
Technology License Agreement with VX Marketing Group (VXMG).
The Agreement calls for VXMG to develop and distribute a range
of products and solutions utilizing the Company's H-Solaris
technologies that includes core Photoelectrolysis and artificial
Photosynthesis technologies for the energy efficient and
environmentally friendly on-demand hydrogen production.
Independent research advances, published by both MIT and Emory
University, Atlanta, Georgia, have significantly furthered the cost
effective and environmently friendly production of hydrogen; using
only sunlight and water, requiring no other outside energy
source.
MIT researchers, as published in the journal Nature
Nanotechnology, have advanced the production of hydrogen based on
biology, using sunlight to power the reaction directly rather than
by using electricity, aided by engineering M13, a simple and
harmless virus.
Similarly, Emory University's research, to be published in the
Science journal, was conducted in collaboration with the Paris
Institute of Molecular Chemistry, and centered on water oxidation
catalysts (WOC) to efficiently enhance the splitting of water into
hydrogen and oxygen.
Not only will such advances, in conjunction with the Company's
core technologies and research initiatives, benefit and assist VXMG
in meeting its development, sales and international distribution
objectives and obligations under the terms of the agreement, the
Company's H-Solaris Developments projects and core On Demand
Hydrogen Production (ODHP) technologies continue to advance and
broaden the market scope, market valuation and income
potential.
The Company anticipates further Joint Development and Licensing
announcements to evolve from the Company's On Demand Hydrogen
Production (ODHP) technologies and from the advances made in its
Development Projects.
The Company has integrated its core On-Demand Hydrogen
Production (ODHP) technologies with HICE and HFC vehicle
applications. The company recently announced its Phase I -- 'Water
Car' Project. Phase II of this project will be the announcement of
a fully functioning water-fueled vehicle, converted from gasoline,
to use hydrogen as the combustion medium. When hydrogen becomes the
fuel, its combustion produces pure water.
These events have substantially increased the market value of
the Company's core assets and positioned its clean energy producing
technologies for strong recurring profits and income.
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 into a number of clean energy Distributed Power
solutions. In addition to providing "on demand" hydrogen
technologies for aftermarket hydrogen enhancement applications that
increase 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
Ehydrogen Solutions (CE) (USOTC:EHYD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ehydrogen Solutions (CE) (USOTC:EHYD)
Historical Stock Chart
From Jul 2023 to Jul 2024