ARSC Funds Hydra Fuel Cell Certification Through UL and FCC.HOUSTON -- American Security Resources Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ARSC ARSC Arctic Region Supercomputing Center ARSC Association for Recorded Sound Collections ARSC Accounting and Review Services Committee ARSC Aircraft Repair and Supply Center (USCG) ARSC Arizona Remote Sensing Center ) announced today that it has raised capital through a private placement to fund the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. and Underwriters Laboratory (UL) certification processes for its proprietary HydraStax(TM) hydrogen fuel cells. The certification process must be completed prior to the manufacture of fuel cells for sale to the public. "We expect to begin the certification process by the first of April in order to initiate the mass production of our HydraStax(TM) in the third quarter of this year," stated Bob Farr, President of ARSC. "When we complete the certification process this year we will be ready to begin selling the HydraStax(TM)," he added. The HydraStax(TM) fuel cell is a proprietary technology owned by ARSC that increases both the efficiency and useful life of fuel cell membranes Cell membrane The membrane that surrounds the cytoplasm of a cell; it is also called the plasma membrane or, in a more general sense, a unit membrane. This is a very thin, semifluid, sheetlike structure made of four continuous monolayers of molecules. . The HydraStax(TM) design allows for the mass production of the fuel cell units at cost far lower than that of competing technologies. The company believes that the combination of these factors will drive the HydraStax(TM) to widespread adoption within the fuel cell industry. American Security Resources Corporation, "ARSC" is a holding company developing and acquiring technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, is developing high efficiency, mass producible hydrogen fuel cells. For more information, please see: www.americansecurityresources.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This news release contains certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations. |
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