ARSC Opens Discussions with Solar Power Company.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 entered into negotiations to acquire a photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell. company which owns significant intellectual property and produces photovoltaic products for the alternative energy industry. "This Company brings current revenue and cash flow. The Company is profitable with a top flight customer base," stated Bob Farr, President of ARSC. "Combined with our other alternative energy product, the HydraStax(TM) hydrogen fuel cell, this provides a compelling alternative to traditional commercial power options which are heavily dependent by fossil fuels," Mr. Farr added. He cautioned that, "there is still work to be done to complete this transaction, but we believe it will push ARSC into the first rank of alternative energy technology companies once the deal is completed." 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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