Tokyo, Japan--(Newsfile Corp. - January 7, 2016) - Aqua Power Systems, Inc. (OTCQB: APSI) (United States trading symbol "APSI" or the "Company"), operating through its wholly owned subsidiary Aqua Power System Japan Kabushiki Kaisha ("AP Japan"), is pleased to announce it is showcasing its breakthrough magnesium fuel cell products at the International Consumer Electronics Show ("CES"), in Las Vegas from January 6 to 9, 2016 (http://www.cesweb.org).
The International CES is the world's gathering place for all who thrive on the business of consumer technologies. Held in Las Vegas every year, it has served as the proving ground for innovators and breakthrough technologies for more than 40 years-the global stage where next-generation innovations are introduced to the marketplace. The International CES showcases more than 3,600 exhibitors, including manufacturers, developers and suppliers of consumer technology hardware, content, technology delivery systems and more; a conference program with 250 sessions; and 150,000 to 160,000 attendees from more than 140 countries.
USB Power Rapid Charging Unit Intended Primarily for Cellular Phones, Tablets & Other USB Devices
Aqua Power is pleased to announce the development of the Company's newest product, currently named the Super Power Bank FCH-1. Aqua Power is showcasing the prototype of this newly designed USB power rapid charging unit for the first time at CES. It is activated by salty water or seawater at concentration of 6-10%. Non-certified testing in our lab suggests it could provide up to 400 hours of illumination or 20 charges of a mobile phone. As with our existing products it can be stored for a long period without capacity loss providing critical off-grid lighting and USB charging capabilities in emergency response and disaster situations.
Above: Diagram of the new Super Power Bank FCH-1RMAF USB Rapid Charging Unit
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The Aqupa Dome Lantern & USB Charging Unit
The first 3,000 units of the Aqupa Dome Lantern have been manufactured and will be available for sale shortly in Japan and internationally. The Aqupa Dome Lantern with a USB Charging port is the latest product developed by Aqua Power to provide emergency light and full charging capability for smartphones, tablets, and other USB devices (including iPhones and iPads). The Aqupa Dome Lantern can produce approximately 160 hours of continuous light from four (4) high-intensity LEDs producing 7,600 lux of light. The Aqupa Dome Lantern also utilizes a high-power 4.5V USB port that allows rapid-charging. Aqupa Dome Lantern with USB Charging weighs 950 grams and can be used repeatedly by replacing the magnesium power bar kit.
Above: Diagram of the new RMAF Emergency Lantern with integrated USB Rapid Charging Unit
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Mr. Ishikawa concluded, "This is just the beginning for our corporate growth strategy. We anticipate that these will be the first of many exciting new consumer and industrial scale critical power solutions that we launch and bring to global markets that utilize our unique patented RMAF magnesium-air batteries and fuel cells."
The Company is currently evaluating and planning for international expansion through new distribution channels and potential licensing agreements with established manufacturers, distributors, and retailers. Aqua Power intends to expand its global distribution network as it expands its production capabilities and its product lines with the additional lighting devices and power supply equipment.
ABOUT AQUA POWER SYSTEMS, INC.
Aqua Power Systems, Inc. (APSI), through its wholly-owned subsidiary Aqua Power System Japan Kabushiki Kaisha, is a developer, distributor, and marketer of magnesium air fuel cell products. Founded in 2004 by Tadashi Ishikawa, Aqua Power Japan has successfully commercialized magnesium air fuel cells for generating safe, green, reliable and inexpensive off-grid electricity.
On behalf of the Board Tadashi Ishikawa, President
For further information please contact Aqua Power either by telephone at +81-3-5764-3380 or by email at info@aquapowersystems.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Transaction.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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