SOURCE: AlumiFuel Power Corporation

AlumiFuel Power Corporation

May 24, 2012 07:00 ET

AlumiFuel Power Updates Its Patent Portfolio

New Phases for Europe and North America Provide Continuing Patent Protection

CENTENNIAL, CO--(Marketwire - May 24, 2012) - Early production stage hydrogen generation company AlumiFuel Power Corporation (OTCBB: AFPW) (the "Company") through its operating subsidiaries, announced today that its U.S. and Patent Cooperation Treaty (PCT) patent filings have entered into a new phase.

The Company originally filed its "Omnibus Patent" as a U.S. Provisional Patent in September, 2009. This application covered a series of claims relating to novel methods and equipment for the production of hydrogen and energy tailored to meet the specific portable power requirements of various end-user applications. This "Omnibus Patent" application encompassed reactant chemical mixes, reactor vessels, proprietary additives and packaging. In April 2010, this same "Omnibus Patent" application was filed under the International Phase of the PCT, claiming the priority of the U.S. Provisional Patent application.

With the requisite passage of 30 months, the Company has now entered into the Regional and National Phase of the PCT. The Regional Phase entails a new filing of the "Omnibus Patent" covering 18 countries in Western Europe and Poland, while the National Phase involves new Non-Provisional filings of the "Omnibus Patent" in the U.S. and Canada.

The President & CEO of the Company's operating subsidiary, Mr. David Cade, said, "This new phase of patent filings provides continuing meaningful patent protection for the Company and its shareholders. Based on the opinion of our highly esteemed patent counsel, this novel technology does not infringe on any known prior art as reflected in issued and unexpired patents."

About AlumiFuel Power Corporation
AlumiFuel Power Corporation, operating through its subsidiaries, is an early production stage alternative energy company that generates hydrogen gas and steam/heat through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. The Company's hydrogen feeds fuel cells for portable and back-up power; fills inflatable devices such as weather balloons; can replace costly, hard-to-handle and high pressure K-Cylinders; and provides fuel for flameless heater applications. Its hydrogen/heat output is also being designed and developed to drive fuel cell-based and turbine-based undersea propulsion systems and auxiliary power systems. The Company has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products

Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

Contact Information

  • CONTACTS:

    Investor Relations:
    AlumiFuel Power Corporation
    Thomas B. Olson
    Corporate Secretary
    303-796-8940

    Technical Information & Marketing:
    610-660-7775