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$12m License Scope Expanded
eHydrogen Solutions, Inc. (PINKSHEETS: EHYD) anticipates recent research advances in artificial photosynthesis to greatly expand the market value and income potential of its H-Solaris Development Projects, particularly the recently announced $12,000,000 Technology License Agreement with VX Marketing Group (VXMG).
The Agreement calls for VXMG to develop and distribute a range of products and solutions utilizing the Company's H-Solaris technologies that includes core Photoelectrolysis and artificial Photosynthesis technologies for the energy efficient and environmentally friendly on-demand hydrogen production.
Independent research advances, published by both MIT and Emory University, Atlanta, Georgia, have significantly furthered the cost effective and environmently friendly production of hydrogen; using only sunlight and water, requiring no other outside energy source.
MIT researchers, as published in the journal Nature Nanotechnology, have advanced the production of hydrogen based on biology, using sunlight to power the reaction directly rather than by using electricity, aided by engineering M13, a simple and harmless virus.
Similarly, Emory University's research, to be published in the Science journal, was conducted in collaboration with the Paris Institute of Molecular Chemistry, and centered on water oxidation catalysts (WOC) to efficiently enhance the splitting of water into hydrogen and oxygen.
Not only will such advances, in conjunction with the Company's core technologies and research initiatives, benefit and assist VXMG in meeting its development, sales and international distribution objectives and obligations under the terms of the agreement, the Company's H-Solaris Developments projects and core On Demand Hydrogen Production (ODHP) technologies continue to advance and broaden the market scope, market valuation and income potential.
The Company anticipates further Joint Development and Licensing announcements to evolve from the Company's On Demand Hydrogen Production (ODHP) technologies and from the advances made in its Development Projects.
The Company has integrated its core On-Demand Hydrogen Production (ODHP) technologies with HICE and HFC vehicle applications. The company recently announced its Phase I -- 'Water Car' Project. Phase II of this project will be the announcement of a fully functioning water-fueled vehicle, converted from gasoline, to use hydrogen as the combustion medium. When hydrogen becomes the fuel, its combustion produces pure water.
These events have substantially increased the market value of the Company's core assets and positioned its clean energy producing technologies for strong recurring profits and income.
The Company believes its acquisition and growth-oriented business plan will provide stockholders with consistent equity growth and access to the multi-billion dollar alternative energy industry through its licensing and distribution of hydrogen-powered energy systems and solutions.
This release contains statements or projections regarding future performance that is forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.
About eHydrogen Solutions
eHydrogen Solutions (eHs) specializes in the development of On Demand Hydrogen Production (ODHP) technologies designed to produce hydrogen in the most cost effective, environmentally friendly and sustainable manner possible for integration into a number of clean energy Distributed Power solutions. In addition to providing "on demand" hydrogen technologies for aftermarket hydrogen enhancement applications that increase the efficiency of virtually any combustion process, eHs' portfolio of On Demand Hydrogen Production (ODHP) technologies enables the integration with fuel cell applications, advanced battery technologies, Combined Power & Heating systems, Hydrogen Internal Combustion Engines (HICE) and other energy efficient and environmentally friendly power generating devices. eHs' proprietary ODHP technologies are available to qualified partners in a wide variety of vertical and/or geographic markets worldwide, through joint development/adaptation, distribution and production agreements.
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