Blaine Froats, Chairman and C.E.O. said: “We are pleased with the initial reactions and reception that AEC received to our alpha stage Hydrogen Production demonstration unit and look forward to further detailed discussions. AEC is very excited about the many notable opportunities coming up over the next few months.”

According to their website, “AEC owns a metallurgic formulation which separates hydrogen from water at low cost, requiring no electrical energy or external input, and without utilizing or producing any hazardous waste materials. AEC's process involves chemical reactions between a proprietary metal alloy mix and the liquid solution. These metals are plentiful, stable in cost and produce effective, highly purified hydrogen utilizing a catalytic process.”

Engineers who have reviewed the technology say that this system is capable of producing energy at a price competitive with the current fossil fuel kWh cost of energy.

The company is on schedule with an accelerated product development timetable to take advantage of several opportunities with targeted organizations. These meetings are the beginning of a series of such meetings over the coming months, whereby Alternate Energy Corporation will be showcasing its hydrogen production technology to a long list of prospective commercial customers, potential licensees, select government and institutional contacts and other interested commercial parties. These groups have been pre-qualified as having a demonstrated need for clean, alternative power.

For more information about AEC and to view pictures of the H2 1500-A1 demonstration unit go to AEC’s web site at: http://www.cleanwatts.com.