| SCOTTSDALE,
Ariz.-- ECOtality, Inc., a technology innovator that addresses the
global energy challenge by developing and commercializing eco-friendly
technologies, today announced an agreement with Arizona State University
(ASU) to further develop regeneration solutions for magnesium oxide. Magnesium
oxide is the main byproduct of Hydratus(TM). Beginning June 1, 2007 until
mid 2008, ASU will evaluate the potential technologies to determine cost
and energy efficiencies for converting magnesium oxide back to its original
form - magnesium - where it will serve as a true carrier of energy for
on-demand hydrogen generation.
"Arizona State University is a dynamic
research institution with great strengths in chemical engineering and photovoltaic
technology. Their expertise in this area will contribute tremendously to
our on-going research on the use of hydrogen as one of the alternative
renewable energies," said Jonathan Read, president and CEO, ECOtality,
Inc. "This project is a continuation of our full process development for
on-demand hydrogen and hydrogen storage design to create a complete commercial
system."
The study will have a particular
focus on the use of solar energy in the conversion process, hence, eliminates
any use of carbon-based sources if possible. Specifically, the project
will evaluate and define the kinetics, thermodynamics and reaction equilibriums
of numerous processes for converting magnesium oxide to magnesium and other
magnesium compounds. Dr. Edward Hall, Associate Dean for Research in the
Ira A. Fulton School of Engineering at ASU, will be the principal director
and Dr. Jerry Y.S. Lin, Chairman of the Technology Committee for ECOtality
and Professor and Interim Department Chair of Chemical Engineering at ASU,
will oversee the daily activities of the project.
"As we begin introducing alternative
energies to the world, it is very important that we have a solution that
addresses the byproducts from energy creation," said Dr. Lin. "We need
to look at waste management -- either regenerating the byproducts for further
use, or developing ways to utilize the waste for other purposes -- in a
cost and energy effective manner. Failure to do so will defeat the rationale
for renewable energies."
ASU will join ECOtality's current
science team that includes the National Aeronautics and Space Administration's
(NASA) Jet Propulsion Laboratory (JPL) Task Force, GreenMountain Engineering
and Airboss Aerospace in developing Hydratus and related technologies.
About Ira A. Fulton School of Engineering,
Arizona State University
The Ira A. Fulton School of Engineering
at Arizona State University serves more than 4,500 undergraduates and 1,500
graduate students, providing skills and knowledge for science and technology-oriented
careers. Ranked nationally in the top 50 among more than 185 engineering
schools rated by US News & World Report magazine, the school engages
in use-inspired research in a multidisciplinary setting for the benefit
of individuals, society and the environment. Its 200-plus faculty members
pursue research in electrical, industrial, chemical, mechanical, aerospace,
civil and environmental engineering, bioengineering and computer science.
About ECOtality, Inc.
ECOtality, Inc., 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.
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