Thursday, July 30, 2009

AlumiFuel Power Corp. (AFPW.OB) Operating Subsidiary AlumiFuel Power, Inc. Moves into New Laboratory Facility in Philadelphia Science Center

AlumiFuel Power Corp., an alternative energy company that generates hydrogen gas and superheated steam for multiple applications, recently announced that the company’s wholly owned operating subsidiary, AlumiFuel Power, Inc., has moved from its small incubator laboratory in the Philadelphia Science Center into a larger laboratory space in a new building in the Science Center complex.

AlumiFuel Power, Inc., an early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources, will benefit from a four-fold increase in laboratory space, allowing the company to be better postured to meet the growing demand for its technology, innovative energy applications, and emerging products.

AlumiFuel Power Corporation’s president and CEO, Mr. David Cade, stated, “We are thrilled to be moving into this magnificent new facility as part of the Science Center family. Since the Philadelphia area is the center of the U.S. hydrogen industry, and the Science Center in downtown Philadelphia is close to major transportation hubs, we couldn’t be in a better location for our customers and partners.” He concluded, “Coupled with the fact that our University City location puts us in the center of a high-technology talent pool and advanced nanotechnology materials analysis capabilities, we are ideally situated to grow our business base.”

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