ARSC Seeks to Extend Alternative Energy Opportunities with Wind Powered Generators.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 is in advanced discussions to acquire a company that has innovative, patented wind turbine technology. Bob Farr, President of ARSC, stated, "This company has two issued U.S. patents on their unique wind turbine which spins horizontally and has operated successfully in the hurricane force winds of last years Hurricane Rita Hurricane Rita was the fourth-most intense Atlantic hurricane ever recorded and the most intense tropical cyclone ever observed in the Gulf of Mexico. Rita caused $11.3 billion in damage on the U.S. Gulf Coast in September 2005. ." "Wind technology is a great fit with our HydraStax(TM) hydrogen fuel cells which will be in the market fourth quarter this year," Farr added. "This company has a plan to generate electricity in off peak hours peak hours npl, peak period n → horas fpl punta peak hours peak npl → heures fpl d'affluence or de pointe , turn it into hydrogen and run the hydrogen through our fuel cells at peak demand to earn the maximum price per kilowatt hour Kil´o`watt` hour 1. (Elec.) A unit of work or energy equal to that done by one kilowatt acting for one hour; - approximately equal to 1.34 horse-power hour. Noun 1. produced." In other news Farr disclosed that the wind and fuel cell opportunities were so great that ARSC was not currently pursuing any other opportunities in the solar technology arena. 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 Fuel Cell 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" 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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