SOURCE: HydroPhi Technologies Group, Inc.
ATLANTA, GA--(Marketwired - May 02, 2014) - HydroPhi Technologies Group, Inc. (OTCQB: HPTG) ("HydroPhi"), a developer of water-based, clean energy technology that delivers improved fuel economy and reduced greenhouse gas emissions, today announced the appointment of Mr. Mark Robinson to its Board of Directors.
Mr. Robinson complements the HydroPhi board with an extensive background in consulting to over 300 renewable energy companies. He is the founder and President of The Energy Grid where he provides strategic marketing consulting in areas such as market development, web development, and search engine optimization. He is also the founder and President of HandicappedPets.com, a global organization that manufactures, markets, and distributes over 250 products for disabled animals. From 2003 to 2008, he served as Vice President of Sales and Marketing of Nextek Power System, an innovative renewable energy technology company, where he developed the sales and marketing channels, designed marketing materials, presented at trade shows, and worked with major national accounts and regional supermarket chains to implement strategic energy solutions. Prior to that, he consulted at Beacon Power, a manufacturer of flywheels, a battery alternative. He was contracted to support the performance of their due diligence and develop a marketing strategy for the new product. From 1999 to 2002, he served as Director of Customer Service and Information Systems at Advanced Energy, Inc. in Wilton, NH, where he created, operated, and staffed the customer service department while designing and implementing systems, policies and strategies to develop and support their dealer network. He participated in the development of new-technology solar inverters. He founded and was president of both Computer Empowerment Seminars and Computer and Network Services, Inc. He held corporate and public training seminars, and designed, installed, and supported over 1,500 computer and network systems across Northern Massachusetts and Southern New Hampshire. He is a noted speaker and holds his degree in Business Management from the University of Southern New Hampshire.
Mark Robinson commented, "HydroPhi's unique technology, the HydroPlant™, brings tremendous value to the market. By using distilled water for the production of hydrogen and oxygen, they are able to improve fuel efficiency, thus reducing operating costs. The HydroPlant™ is beneficial to a diverse range of users and I look forward to being a part of the company's growth and development."
Roger M. Slotkin, CEO of HydroPhi, stated, "We are extremely pleased and fortunate to add an individual with such a strong background in the clean-tech space to our Board of Directors. Mark brings years of experience and will be a valuable asset to HydroPhi."
HydroPhi Technologies Group, Inc. (HPTG) is a developer of water-based hydrogen fuel production systems. The Company's technology isn't a fuel cell, nor is it a hydrogen alternative to traditional hydrocarbon fuels. The system utilizes distilled water for the production of hydrogen and oxygen, which is then injected into the air intake of an engine utilizing carbon-based fuels such as diesel, unleaded gasoline and natural gas. HPTG's technology, (HydroPlant™) has been company tested with resulting reduced vehicle operating costs by improved fuel efficiency up to 20%, while lowering greenhouse gas emissions up to 70%. By using an on-board, on-demand electrolysis system to separate hydrogen and oxygen from water, the technology eliminates the need for high-pressure hydrogen storage or hazardous chemicals while producing a stable, inexpensive alternative fuel source. By offering a real-time monitoring system as part of a hydrogen fuel solution with retrofit capability into standard vehicle engines, HPTG provides fuel efficiency to a potentially broad spectrum of users, including logistics, trucking, heavy equipment, marine and agriculture. Additional information about the Company and the technology is available at: www.hydrophi.com.
Notice Regarding Forward-Looking Statements
This news release contains forward-looking statements, which reflect our views with respect to future events and financial performance. These forward-looking statements are subject to certain uncertainties and other factors that could cause actual results to differ materially from such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.