Sustainable Power Corp Ships Hydrogen on Demand Systems to Dominican Republic
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SANTO DOMINGO, DOMINICAN REPUBLIC, Mar 30 (MARKET
WIRE) --
Sustainable Power Corp. (PINKSHEETS: SSTP) has completed an initial
shipment to the Dominican Republic of its computer controlled "hydrogen
on demand" Emissions Remediation Systems (ERS). The ERS produces
hydrogen-on-demand from a mixture of water and proprietary catalyst. The
first ten units of an order for several hundred units has been shipped to
the Dominican Republic for use on engines for power generation.
The ERS is capable of significantly improving fuel economy, increasing
engine power, and reducing emissions by promoting more complete fuel
combustion by introducing hydrogen directly into the intake manifold with
no engine modifications required.
SSTP has structured the compensation agreement for this initial shipment
for electrical generators as a percentage of savings on fuel. Because of
massive fuel costs experienced by the operators, SSTP anticipates that
this will result in substantial cash flow to SSTP as the operators
experience the advantages of the ERS. SSTP anticipates that sales of the
ERS for use on trucks, boats and other vehicles will be undertaken as a
direct sale of the Unit itself based on the specific application.
"The ERS is capable of increasing fuel economy in electrical generators by
more than 30%. Our partners in the Dominican Republic, as well as here in
the United States, understand this technology and want to improve their
efficiency. The system can also be used for larger engines on trucks,
boats and other vehicles. We have demonstrated the efficacy of the ERS in
those systems in the Dominican Republic with actual results far exceeding
the 30% bench mark promised and will be implementing the ERS shortly for
those applications," stated Sustainable Power CEO M. Richard Cutler
Octavio Lopez, Director of Commerce and Mines for the Dominican Republic,
stated, "I have seen the ERS unit that has been installed in my Ford F350
Turbo increase my MPG over 50% under typical driving conditions and I am
very excited about reducing the fuel consumption and environmental
benefits in the Dominican Republic's energy and fuel sector."
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy total service
provider focused on environmentally safe power generation. The company has
the exclusive rights in the United States to develop and manage a
portfolio of green energy plants utilizing a renewable fuel source able
to be produced from non-food feed stock. For more information please visit
www.SustainablePowerCorp.us.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions identify
such forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated, expressed
or implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the
Company and are subject to a number of risks and uncertainties. These
include, but are not limited to, risks and uncertainties associated with:
the impact of economic, competitive and other factors affecting the
Company and its operations, markets, product, and distributor
performance, the impact on the national and local economies resulting
from terrorist actions, and U.S. actions subsequently; and other factors
available from the Company.
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