| LAS
VEGAS, NV -- SymPowerco
Corporation (PINKSHEETS: SYMW) has entered the race to provide Alternative
Energy and Power Solutions to the consumer and industrial marketplaces
through its acquisition of Flowing Electrolyte Direct Methanol Fuel Cell
and related technologies.
The company believes that the
Direct Methanol Fuel Cell (DMFC) provides a shorter path to commercialization
than the hydrogen PEM-based fuel cell does, primarily due to the lack of
infrastructure required to deliver and store hydrogen. Methanol, an alcohol
with the formula CH3OH and a very high energy density, is easily transported
and stored. The DMFC releases hydrogen from methanol and in the process
produces electricity. However, current DMFC technologies present obstacles
to creating practical consumer power systems.
SymPowerco's Flowing Electrolyte
Direct Methanol Fuel Cell (FE DMFC) offers several advantages over the
conventional PEM-based DMFC:
1) The expensive, solid Proton
Exchange Membrane (PEM) in the conventional PEM DMFC is replaced with both
a less expensive, low-resistance PEM and with sulfuric acid as the flowing
electrolyte, the same acid found in automotive batteries.
2) The flowing electrolyte prevents
significant power losses due to methanol "crossover" found in conventional
PEM DMFC.
3) The FE DMFC has superior startup
and shutdown performance with far greater protection of the expensive catalysts.
4) The FE DMFC shows more constant
voltage over its output range than the PEM DMFC.
5) The FE DMFC provides simple
heat and water management.
6) The FE DMFC provides a built-in
means to remove reaction products and impurities continuously during operation.
The company's management is of
the opinion that these advantages present SymPowerco with the opportunity
to bring the first practical fuel cell to market for small-vehicle hybrid
power systems. To that end, the company is currently establishing the scientific,
developmental and marketing relationships that are required to move these
technologies into the marketplace. Starting in the days ahead, the company
will be releasing details of these relationships along with details of
the company's plans and achievements.
President John N. Davenport stated,
"We at SymPowerco believe that the Flowing Electrolyte Direct Methanol
Fuel Cell has huge potential. Our research indicates that multiple markets
around the world exist for Alternative Power Systems that employ advanced
technologies and renewable eco-friendly energy sources. We believe that
SymPowerco can be a significant participant in these emerging markets."
SymPowerco Corp is an independent
Alternative Energy and Energy Technology company focused on the development
of practical long-term, sustainable energy solutions through the cultivation
of innovative strategies that directly respond to the most recent developments
in the energy and technology sectors. |