ARSC Hydra Unit Demo's Hydrogen Fuel Cells to Government and Industry.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 its Hydra Fuel Cell Corporation subsidiary successfully demonstrated beta units of its proprietary HydraStax(TM) hydrogen fuel cells in Beaverton, Oregon Beaverton is a city in Washington County, Oregon, United States, seven miles west of Portland in the Tualatin River Valley. As of May 2006, its population is estimated to be 84,270,[1] 9.1% more than the 2000 census figure of 76,129. , on January 20, 2006. Ed Davis, Chairman of Hydra, said, "We had over twenty representatives of industry and government here to see the working beta units. The units performed flawlessly flaw·less adj. Being entirely without flaw or imperfection. See Synonyms at perfect. flaw  less·ly adv. and the response from the attendees was very enthusiastic. We are currently following up on the requests for additional data from some of the groups who participated in the demo. We are expecting some to order units." The HydraStax(TM) is designed to be the first commercially mass producible hydrogen fuel cell. ARSC believes the market for this type of fixed power unit in military and commercial applications could number in the hundreds of thousands. American Security Resources Corporation ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, is developing high volume, 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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