| SCOTTSDALE,
Ariz.--ECOtality, Inc. (OTCBB:ETLY), a technology innovator that addresses
the global energy challenge by developing and commercializing eco-friendly
technologies, today announced an agreement with GreenMountain Engineering,
LLC, a leading product and manufacturing consulting firm specializing in
clean energy technologies, to act as consulting engineers on the Hydratus™
project. GreenMountain Engineering will work with the National Aeronautics
and Space Administration’s (NASA) Jet Propulsion Laboratory (JPL) and Airboss
Aerospace, Inc. in the research, development, and testing of a 5-10 kW
stationary Hydratus system for remote and residential use. Hydratus is
a portable apparatus that operates in conjunction with existing hydrogen
fuel cell technology, and is a patented technology of ECOtality, Inc.
“GreenMountain Engineering has extensive
experience, knowledge, and expertise in the clean technology sector,” said
Jonathan Read, CEO, ECOtality. “The addition of GreenMountain Engineering
to ECOtality’s development team allows us to act quickly upon the recent
Hydratus breakthroughs from JPL and is a pivotal step in the development
of a Hydratus prototype.”
ECOtality’s Hydratus addresses the
commercialization issues facing hydrogen fuel cell technologies by producing
hydrogen on-demand — using magnesium and water — in a system that emits
no exhaust other than pure water. Under the terms of the agreement with
ECOtality, GreenMountain Engineering will provide research and development
engineering services for the Hydratus technology.
“GreenMountain Engineering has a
record of successful prototype and product development and a reputation
for overcoming difficult design challenges,” says Keith Gazda, Lead Engineer
of the GreenMountain project team. “We believe that our expertise in helping
to bring innovative clean technology products to market will speed commercialization
of Hydratus while ensuring it is delivered in-specification.”
About ECOtality, Inc.
ECOtality, Inc. (OTCBB:ETLY), headquartered
in Scottsdale, Ariz., is a technology innovator that leverages global R&D
resources to develop and commercialize renewable energy technologies, specifically
aimed at addressing today's global energy challenges. Through strategic
partnerships, ECOtality applies scientific knowledge and creates proprietary
green energy technologies.
ECOtality is focused on bringing
innovative eco-friendly concepts to practical commercialization through
the acquisition, partnership and development of early stage renewable energy
technologies. With strategic partnerships and an aggressive developmental
model, the company strives to accelerate the market applicability of clean
technologies to become accepted alternatives to carbon-based fuel technologies.
For more information about ECOtality, Inc. please visit www.ecotality.com.
|