CENTENNIAL, CO / ACCESSWIRE / February 10, 2015 / AlumiFuel Power Corporation (OTC: AFPW), a developer of power supply and management solutions, announced today that it has issued a shareholder letter providing an update on its technology development, market initiatives, and business status. The letter can be accessed on the company's website: www.alumifuelpowercorp.com.
About AlumiFuel Power Corporation
AlumiFuel Power Corporation, operating through its wholly owned subsidiary, NovoFuel, Inc., is an early production stage renewable energy company that generates hydrogen gas and 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 generation feeds fuel cells for backup and portable power, provides lift gas for weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to power fuel cell-based and turbine-based undersea propulsion and auxiliary power systems. In addition, NovoFuel has embarked on a new initiative to design and field hybrid renewable energy solutions for medical marijuana grow operations, involving wind, solar, fuel cell, lithium-ion battery, site security, and real-time energy management & control components. 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:
AlumiFuel Power Corporation
Thomas B. Olson, Corporate Secretary
303-796-8940
Investor Relations:
South Street Media, Inc.
Melissa Diaz
info@southstreetmedia.com
303-796-8940
Technical Information & Marketing:
info@alumifuelpowertech.com
SOURCE: AlumiFuel Power Corporation