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Florida Developer Selects HydraStax(R) to Power First Hydrogen Village
BEAVERTON, Oregon-(Business Wire)-July 2, 2008 - Hydra Fuel Cell Corporation (www.hydrafuelcell.com), a wholly owned subsidiary of American Security Resources Corporation (OTCBB:ARSC), announced today that its distributor, Conexa Products of Miami, Fl.(www.conexaproducts.com), has signed a Letter of Intent with Distribution Management Services, Inc.(DMGS.PK), to provide HydraStax(R) hydrogen fuel cells for a development of 174 deluxe, affordable homes that DMGS is developing near Orlando, Fl. DMGS plans to begin construction on the first 25 homes within 60 days according to DMGS announcements (www.dmgsonthenet.com).
American Security Resources Corporation
ARSC is a holding company developing clean energy technologies. Its Hydra Fuel Cell Corp. subsidiary is developing high volume, mass producible hydrogen fuel cells. Its American Hydrogen Corp. subsidiary is developing a method to inexpensively formulate hydrogen from ammonia. For more information, please see: www.americansecurityresources.com.
Safe Harbor Statement
This news release contains certain "forward looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.
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