 |
| Current |
|
| 2007 Archive |
|
| 2006 Archive |
|
| December 19, 2006 |
|
| December 14, 2006 |
|
| October 30, 2006 |
|
| October 10, 2006 |
|
| October 2, 2006 |
|
| September 21, 2006 |
|
| September 20, 2006 |
|
| September 5, 2006 |
|
| August 25, 2006 |
|
| August 16, 2006 |
|
| June 28, 2006 |
|
| June 13, 2006 |
|
| May 23, 2006 |
|
| April 6, 2006 |
|
| March 13, 2006 |
|
| February 23, 2006 |
|
| January 26, 2006 |
|
| January 19, 2006 |
|
| 2005 Archive |
|
| 2004 Archive |
|
American Security Resources Corp. Achieves Critical Financial Milestone
Houston, TX (BusinessWire) March 13, 2006 – American Security Resources Corporation [OTCBB: ARSC] today announced the achievement of a significant funding milestone in the development of its HydraStax™ fuel cell technology. “We agreed to provide a minimum of $500,000 in funding by March 31, to our subsidiary, Hydra Fuel Cell Corp, when we acquired eGo Design, Inc. and its proprietary HydraStax™ technology at the end of last October,” reported ARSC’s President Bob Farr. “We are pleased to report to our shareholders and investors that we have exceeded this commitment. We have generated over $750,000 in new paid in capital from private placements so far in the first quarter of 2006 and expect to continue to perform ahead of schedule on our funding targets,” he added.
The HydraStax™ fuel cell is a proprietary technology owned by ARSC that increases both the efficiency and useful life of fuel cell membranes. The HydraStax™ design allows for the mass production of fuel cell units at a cost far lower than that of competing technologies with significantly longer membrane lifespan. The company believes that the combination of high efficiency and low production cost makes its HydraStax™ a cost competitive, hydrogen fueled, electric generator which will significantly reduce the use of fossil fuels for electric generation in the United States and ultimately the world.
American Security Resources Corporation, “ARSC” is a holding company acquiring and developing technologies that will advance the development of alternative energies. ARSC, through its Hydra Fuel Cell Corporation subsidiary, is developing high efficiency, mass producible hydrogen fuel cells.
For more information, please see: www.americansecurityresources.com
Safe Harbor 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.
For more information, please contact:
Frank Neukomm or Bob Farr
American Security Resources Corporation
713-465-1001
info@amsrcorp.com |
