Ocean Energy Converters Provide Alternative Energy Options

HOUSTON, May 5 /PRNewswire/ -- As countries around the world seek to curb
their dependence on fossil fuels and foreign oil, many American-based
companies are offering alternative energy solutions to help avert a full-blown
energy crisis, which include wind, solar and wave energy technology. One such
company, based in Houston, Texas, is providing unique ocean energy converters
and has announced the additional licensing of its Lever Operating Pivoting
Float (LOPF) to several companies for testing purposes.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090505/FL11589)

With over 50 completed prototypes, Swell Fuel offers small ocean wave energy
converters that can be linked together to provide a significant source of
electricity for off-grid resorts, oil rigs and even small coastal towns. The
company's Lever Operated Pivoting Float is patented in the US and pending in
multiple countries.

"Right now, our business model is focused on potential customers that need
small-scale devices," says Chris Olson, inventor and founder of Swell Fuel.

"As our products are tested and larger units are needed, we'll be able to
scale up to meet demand," he adds.

Most recently, Swell Fuel has licensed its Lever Operating Pivoting Float to
Mars Symbioscience for testing purposes at a plant in Indonesia. If testing is
successful by the Mars Corporation subsidiary, it could result in further
demand for ocean energy units.

Additionally, Samkun Powertec, a South Korean company, has recently licensed a
1000-watt unit for testing at oil rig platforms and a power company in El
Salvador is currently in the middle of a two-year testing program.

Olson notes that demand for the units has been strong and Swell Fuel is
perfecting the technology as it moves forward, as evidenced in the latest
"Trojan Horse" prototype.

"These units are extremely efficient and to our knowledge, there are no other
companies providing small-scale ocean energy converters," he notes.

Swell Fuel is also promoting its units for coral reef restoration projects for
companies needing to generate electricity for a process that creates new coral
reefs using low voltage electricity.

As a privately funded company, Olson says that Swell Fuel is in excellent
position to provide its ocean energy converters to companies and organizations
on a much larger scale.

"We have not tied our hands with government funding or borrowed money," he
notes. "And we expect significant growth and progress in the coming months."

For more information, visit http://www.swellfuel.com or call 281-380-8954.

SOURCE Swell Fuel

Gary Greaves, of Credo Media Group, for Swell Fuel, +1-561-479-4141