TAMPA, FL--(Marketwired - Jun 3, 2014) - HPEV, Inc. (OTCQB: WARM), an innovator in energy efficiency and heat removal technologies, today announced that the Company's president, Mr. Theodore Banzhaf will make a presentation on Wednesday, June 4th, 2014 at 3:30 PM PDT / 6:30 PM EDT at the Luxe Sunset Boulevard Hotel in Los Angeles.
The presentation marks the first public pronouncement since HPEV entered into a contract last month for an initial order of the company's Mobile Generation ("MG") conversion kits and trucks with Mobile Generation built-in. The $1 million order came as the company is set to open Ultimate Power Truck, its flagship demonstration facility in Largo, FL to serve Port Tampa Bay and the surrounding area.
HPEV's MG system can be integrated into any Class 3-8 truck to provide mobile power generation. The technology is enabled by HPEV's proprietary patented thermal dispersion technology and its unique patent-pending gearing system. The MG draws power from the engine on trucks powered by any fuel type including diesel, gas, compressed or liquefied natural gas or fuel cell. The MG on-board generator delivers 25 to 200 kW of continuous electric power under load.
"Our technology effectively replaces tow-behind generators at a fraction of the weight and for a lower cost, so interest from utility and construction companies and the first responder community is building nicely," commented Banzhaf. "The MG is just one of the three product platforms that we are commercializing now. These initial revenue streams from our unique technologies are addressing multi-billion dollar global markets."
"By comparison, a 1.5 megawatt GE wind turbine at a good wind site will power 400 average US homes at a cost of more than $3 million and 3-4 years to build, our MG can power 400 homes with 8 trucks at a cost of less than $800,000 and a number of weeks for delivery and this power is mobile," continued Banzhaf.
"We are honored to have HPEV present at the conference," stated Chris Lahiji, President of LD Micro.
About HPEV, Inc.
HPEV, Inc. is an intellectual property and product development company that employs a license and royalty model. The company has expertise in thermal dispersion technologies and their application to various product platforms. The Company is currently commercializing its patented thermal technology and has additional patents-pending for various OEM applications of its proprietary heat removal technologies. The markets that will be addressed by these technologies include myriad industries such as motors & generators, mobile generation, pumps, fans, compressors, batteries, and bearings.
About LD Micro
LD Micro is a newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published reports on select companies throughout the year. LD Micro concentrates on finding, researching, and investing in companies that are often overlooked by institutional investors. It is a non-registered investment advisor. For more information on the list of presenting companies or to register for the event, please visit http://www.ldmicro.com or call (408) 457-1042.