Tuesday, March 26, 2013
MIAMI, FL, Mar 26, 2013 (MARKETWIRE via COMTEX) -- SK3 Group, Inc. (OTC Pink:
HyperSolar to Build Renewable Hydrogen Generator for Commercial Use
The company's commercial scale renewable hydrogen generator is expected to cost substantially less than other renewable hydrogen systems that rely on expensive, energy intensive electrolyzers
SANTA BARBARA, Calif., Mar 26, 2013 (BUSINESS WIRE) -- HyperSolar, Inc. (OTC:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced its plan to build renewable hydrogen generators for commercial use. Named the H2Generator, the company's first commercial product is expected to sell at a substantially lower price than other renewable hydrogen systems that rely on expensive and energy intensive electrolyzers to split water.
"We believe that we can offer a cost competitive renewable hydrogen alternative for those who need power 24/7," said Tim Young, CEO of HyperSolar. "We believe that our intensive R&D efforts will finally pay off in the form of a go to market commercial product. One key discovery was an efficient and low cost polymer protective coating that will allow us to protect solar devices against photocorrosion. Using this coating to treat traditional silicon solar cells, we are able to eliminate the expensive electrolyzer by integrating the electrolysis function directly into a solar cell immersed in water.
"We have given our tech team the green light to complete the product design required to build the first demonstration system," Young continued. "With a demonstration system in hand, we can then move to the manufacturing phase of the business."
The HyperSolar H2Generator will be designed to be a linearly scalable and self-contained renewable hydrogen production system. As a result, it is intended to be installed almost anywhere to produce hydrogen fuel for local use. This distributed model of hydrogen production will address one of the greatest challenges of using clean hydrogen fuel on a large scale - the need to transport hydrogen in large quantities.
Each stage of the HyperSolar H2Generator can be scaled independently according to the hydrogen demands and length of storage required for a specific application. A small scale system can be used to produce continuous renewable electricity for a small house, or a large scale system can be used to produce hydrogen to power a community.
About HyperSolar, Inc.
HyperSolar has developed a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis, our low cost device mimics photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles. To learn more about HyperSolar, please visit our website at http://www.HyperSolar.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Tuesday, March 19, 2013
LAS VEGAS, March 12, 2013 /PRNewswire via COMTEX/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative exploration and development company focused on supplying "Mined in America" strategic minerals for current and emerging technologies, announced today a clear path towards achieving near term production and revenue on its Fencemaker Antimony property as well as the furthering of the development of its key Lithium, Vanadium and Uranium properties.
Friday, March 8, 2013
SEATTLE, March 6, 2013 /PRNewswire via COMTEX/ -- Baristas Coffee Company, Inc. (OTCPK:BCCI), a fast growing U.S. based beverage and branded products company, has today announced that it has completed all requirements and that its application to receive a symbol to be traded on the NASDAQ Capital Market has been approved. The symbol issued to Baristas Coffee Company is (NASDAQ:BAPI).
Tuesday, March 5, 2013
FastFunds Financial Corporation Acquires Exclusive Mortgage Servicing Rights for Innovative New Mortgage Product Requiring No Credit Verification
Marketwire "Press Releases"
NET LIFE is a development stage enterprise that has developed and is offering an innovative new mortgage product that is not based on credit history (no doc) or personal guarantees. It is only secured by the underlying collateral and a life insurance policy on the borrower. Therefore, all that is required to qualify for a mortgage loan is qualifying for a life insurance policy, a down payment that usually amounts to 10% of the purchase price and verification that the borrower has the financial ability to pay the monthly payments. NET LIFE believes this mortgage product will be attractive to a wide spectrum of potential borrowers including:
- first time homebuyers;
- borrowers who have experienced prior financial difficulties such as foreclosures, bankruptcies, late payments or credit problems; are presently employed and whose current income would qualify for a mortgage loan; but who couldn't otherwise qualify; and
- borrowers who may wish to bypass the traditional paperwork involved in the typical underwriting process but who would otherwise qualify.
Since its formation in 2012, NET LIFE has completed development of its mortgage product and conducted testing via a limited number of successful closings. NET LIFE is now developing plans for a national launch of its product line.
"We are excited to be on the forefront of launching this exciting new product and especially being on the servicing side where we can gain substantial benefit without the risk associated with traditional mortgage underwriting," stated
About NET LIFE
NET LIFE Financial Holdings, a development stage enterprise was formed in 2012, and has developed unique financial products principally for the mortgage industry.
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