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August 15, 2007 – Vol.12 No.21

Hydrogen Power Inc. (HPI) Signs a Letter Of Intent with Hamilton Sundstrand for Development Hydrogen On Demand Technology.

Under the direction of Hamilton Sundstrand (a subsidiary of United Technologies Corp.)the two companies will evaluate the use of HPI's unique aluminum fuel technology to meet the power requirements of certain high priority applications, including unmanned underwater vehicles (UUVs), torpedoes, and man-portable systems.

The scope of the LOI also includes development of strategies for the manufacturing and distribution of operational systems incorporating HPI's technology that may result from a joint program.

Mr. David Cade, HPI's CEO, said: "The signing of this LOI is an important milestone for the company. Hamilton Sundstrand's interest in our AlumiFuel(TM) cartridge-based prototypes for potential use in their systems and subsystems validates the differentiators of our disruptive technology for important national security applications."

HPI is a Seattle-based alternative energy company with patented technology, which generates high purity hydrogen on-site and on-demand through the chemical reaction of low-cost aluminum feedstock, water, and a benign reactant, using proprietary drop-in recyclable cartridges with a long shelf life. The generation and storage process, which does not require any external energy, is safe, clean and "green", with non-toxic materials and commercially usable by-products. (8/15/07)

 

Links:

Hydrogen Power Inc. (HPI) http://www.hydrogenpowerinc.com

Hamilton Sundstrand http://www.hamiltonsundstrandcorp.com

United Technologies http://www.utc.com

 

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes

 

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