| ATHENS,
Ohio--American Security Resources Corp. (OTCBB:ARSC) announced today
that its subsidiary, American Hydrogen Corp., and Ohio University (www.ohio.edu)
have defined the goals for the Sponsored Research that ARSC is funding
as part of its worldwide exclusive license to commercialize the patent-pending
catalytic electrolyzer technology developed by Ohio University’s Dr. Gerardine
Botte.
Botte, associate professor of Chemical
and Bio-Molecular Engineering at the Russ College of Engineering and Technology,
who developed a method for producing hydrogen from ammonia for a fraction
of the current commercial cost, will direct the research. The goals are
to integrate an ammonia-catalytic-electrolyzer (ACE) with a HydraStax®
fuel cell from ARSC’s Hydra Fuel Cell Corp., upscale current electrode
design to large commercial size and demonstrate the ACE technology to power
a fuel cell car.
Benjamin Schafer, president of American
Hydrogen and CTO of Hydra Fuel Cell, said, “Since we executed the License
with Ohio University, we have been presented numerous opportunities to
apply the ACE in a number of commercial applications which we’re pursuing.
Dr. Botte’s team of researchers is creating the tools we need to capture
these potential customers.”
Ohio University
Established in 1804, Ohio University
is the oldest public institution of higher learning in the State of Ohio
and the first in the Northwest Territory. Serving some 20,000 students,
Ohio University has been cited for academic quality and value by U.S. News
and World Report, America’s 100 Best College Buys, Princeton Review’s Best
Colleges, and Peterson’s Guide to Competitive Colleges. The John Templeton
Foundation also has recognized Ohio University as one of the top character-building
institutions in the country. Ohio University ranks first in the state of
Ohio for nationally competitive awards won by its students.
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