AlumiFuel Power, Inc. Announces Delivery of Its First Production Hydrogen Generator

AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced today that it has taken delivery of its first production unit hydrogen generator, the PBIS-1000. API also announced that, with the help of its local manufacturing partner, Apex Piping Systems (see API news release of September 28, 2009), its production line is fully ready for mass production of its hydrogen generators. The design and construction of this third generation of the PBIS-1000 incorporates significant feedback from customers, and customer deliveries are expected to begin in early 2010.

API’s PBIS-1000 relies on the robust chemical reaction among aluminum, water, and proprietary additives. Operation of the generator is simple: two 32-oz. “aluminum can” cartridges containing aluminum powder and the proprietary additives, are loaded into the reactor vessels. Water from practically any source, including salt or brackish water, is poured into the water tank, and a hand pump is then used to inject water into the cartridges, generating 1,000 liters of hydrogen in 20 minutes.

API’s Director of Engineering, Mr. Sean McIntosh, said: “We are of course very excited about the delivery of our first production unit hydrogen generator, but we are even more excited about having a very robust and agile manufacturing system in place to quickly and easily ramp up our production in a very cost-effective manner. And there is nothing in the market that even comes close to this unit in terms of its versatility to handle a variety of applications.”

API’s Chief Technology Officer, Mr. John Boyle, added: “In an age of frequent international outsourcing, we have kept the production of nearly all of our generator components very local. While beneficial to the U.S. economy at large, keeping our production local was driven by one very practical concern: quality of components. When it comes to the kind of high quality components needed in any system involving hydrogen, the U.S. is still the world leader. And many of the best U.S. manufacturers are found right here on the East Coast.”

Awesome New Company Press Release.

AlumiFuel Power, Inc. Developing Flameless Ration Heater.

Early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced today that it has conducted successful testing of a new generation Flameless Ration Heater (FRH) prototype using its AlumiFuel powder mix, which is customized to serve a variety of applications.
API’s FRH system is based on the reaction of water with aluminum powder and proprietary additives to produce heat. This fuel mixture has been customized to fit into standard FRH packaging and uses similar operational procedures. First phase internal testing has confirmed that API’s technology is less expensive, and produces more heat more quickly than existing FRH products, which use magnesium powder-based mixtures. Standard FRH packaging includes a polyester pouch containing the powder, which is activated by adding a small quantity of water to the packet, and then placing it in a tilted position in the box containing the food ration.

The FRH has numerous military and commercial food product applications in the U.S. and virtually all other developed countries. The most well-known such product is the U.S. military’s Meal-Ready-to-Eat (MRE) ration. Over the current five year period, the U.S. Department of Defense will spend up to $950 million on these MREs, purchasing some 42 million units per year. The FRHs are purchased by the MRE prime contractors (assemblers) under a subcontract, at a cost of approximately $36 million per year. In addition to generating more heat for less cost in the same packaging, this new technology conforms perfectly to current MRE performance requirements, and operates in an identical manner to current MRE Flameless Ration Heaters.

The nanoscale materials characterization performed at Drexel’s Nanotechnology Institute has been instrumental in API’s customization of this fuel mixture for FRH applications. (See API news release of July 16, 2009 for more information on API’s membership in the Drexel Nanotechnology Consortium).

API’s President and Chief Executive Officer, Mr. David Cade, said: “We are excited about our newest development and its immense market potential. We will be working with key contacts in industry and government to commercialize this product on a mass scale. In addition, we are already developing a more advanced second generation prototype that will make this product even more safe and affordable, which would further increase its market share potential.”

Good Company PR on National TV »»»

Here is a link to a PBS newshour broadcast that aired on 12-7-09 in it is an short interview with Alumifuels CEO David Cade. He demonstrates how easy it is the use the company's patented hydrogen generating reactor.

Link- http://www.pbs.org/newshour/bb/business/july-dec09/patchwork_12-07.html

Press Release November 24, 2009

AlumiFuel Power, Inc.'s Technology Showcased at Naval Energy Forum

AlumiFuel Power Corporation (OTCBB: AFPW), announced today that its technology generated considerable customer interest at the Naval Energy Forum in McLean, Virginia, October 14-15, 2009.

The Naval Energy Forum was the first such major conference strictly focused on energy to be conducted within the Department of Defense. The event was attended by over 700 people from government and industry. Key speakers included the Secretary of the Navy, Ray Mabus, the Chief of Naval Operations, Admiral Gary Roughead, and the Commandant of the Marine Corps, General James Conway. All three characterized energy as being critical to U.S. national security and naval capabilities around the globe. The four key themes of the forum were: energy security, energy efficiency, environmental stewardship, and energy science and technology (S&T). Energy S&T is an enabling factor for achieving the Navy’s energy goals and objectives, and in this regard, the Office of Naval Research (ONR) invests in a wide range of energy S&T projects which will increase naval capabilities through advancements in fuels, renewable energy, power generation, storage and distribution, and power loads.

The API team attending the forum made or reinforced many key customer contacts, and found significant interest in the company’s technology for a variety of target applications, including undersea vehicle propulsion, feeding fuel cells for on-demand remote power generation, lift gas for special purpose naval balloons, hydrogen boost for diesel engines, flameless heaters for military rations (Meals Ready to Eat, or MREs), and the combustion source for a Navy “hydrogen gun.” API submitted three white papers, and follow-up contacts and meetings were arranged for each of these applications areas.

API’s President and Chief Executive Officer, Mr. David Cade, said, “The visibility accorded to API’s unique technology at the Naval Energy Forum was extremely gratifying. Going forward, we see a number of ways to apply our technology and products to naval requirements, including both the 'blue water' Navy and the Marine Corps. From a new business development standpoint, we intend to take full advantage of these emerging opportunities.”

CENTENNIAL, Colo.--(BUSINESS WIRE)--AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”) and its early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), of Philadelphia, Pennsylvania announced today that in view of the recent development that the Company is developing a product addressable to the multi-million dollar sports and MRE (meals ready to eat) market, Senior Analyst Robert Goldman has issued an update affirming the 'Speculative Buy' rating with a price target of $0.40.
According to OxBridge Research, the Report will be of special interest to MRE manufacturers and companies like Ener1 Inc. (HEV), Ballard Power (BLDP), Fuel Cell Energy (FCEL) and Plug Power (PLUG) that are active in the Renewable Energy Sector. The Report outlines the Company's recently signed MOU with a DOW 30 company and illustrates the Company's technology has both Civilian and Military applications and could be adapted at a rapid pace.

New Press Release.

AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced today that it is developing a new hand-held flameless heating device with several commercial application possibilities.
The flameless heating device uses packets of API’s patented mixture of aluminum powder and proprietary additives. Upon reacting with water, the packets release hydrogen gas, which then pass through various surfaces and chemicals that induce a flameless reaction of hydrogen with the oxygen from the air, resulting in the release of heat. Furthermore, the exothermic nature of the aluminum-water reaction results in the production of additional heat. The components will be integrated into convenient wallet-sized packaging. The system will feature no moving parts or toxic components and will be safe, portable, and easy to use. Each packet will generate heat for over an hour at rates that will allow this device to be safely held in bare hands. Furthermore, as no carbon monoxide is released as a result of the reaction, the system is safe to use in any environment. The packets used in this process can be easily discarded after use.

Source- http://finance.yahoo.com/news/AlumiFuel-Power-Inc-bw-61560619.html?x=0&.v=1

AlumiFuel Power, Inc. Begins Manufacture of Its Portable Balloon Inflation System (PBIS-1000) at Apex Piping Systems, Inc.

Early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced today that it has begun the manufacturing of its third-generation portable balloon inflation system (PBIS-1000). This will be API’s first commercially available product.

The new reactor is a lighter more ruggedized version of its predecessor with the same hydrogen generating ability (see API’s press release of August 3, 2009). A detailed Operations and Maintenance Manual for the PBIS-1000 has also been completed and will be available to customers. The majority of the PBIS-1000 manufacturing will take place at APEX Piping Systems, Inc., a large world class welding and manufacturing facility in nearby Delaware. While the PBIS-1000 will be manufactured at limited quantities initially, working with such a major firm as APEX will allow a rapid and seamless increase in production volume later in the year. These larger quantities will reduce the overall cost of the reactors going forward.
API’s Director of Engineering, Mr. Sean McIntosh, said: “We are excited to begin manufacturing the first production units of the PBIS-1000. We have spent a great deal of time and energy developing this new product, which will be the foundation for designing and producing many new and exciting hydrogen generators to serve a multitude of applications far beyond weather balloons."

Pre-Production Prototype Reactor.

New Research report by Senior Analyst Robert Goldman. Price target of 0.40…WOW.

Read full Report- www.oxbridgeresearch.com/docs/AFPW2.pdf

AlumiFuel Power, Inc. Signs Memorandum of Understanding with Major Aerospace Company

The full Press Release can be read by clicking Here- http://finance.yahoo.com/news/AlumiFuel-Power-Inc-Signs-bw-1731668952.html?x=0&.v=1

Two Technologies one Company, Best Deal on the OTC.

AlumiFuel Power Corporation, formerly known as Inhibiton Therapeutics, Inc., recently acquired the wholly owned operating subsidiary AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources. The Company also has been conducting biotechnology research, development and potential commercialization of technologies and products for new cancer therapeutic agents and cancer fighting drugs called targeted therapies.

AFPW.OB is clearly a company on the move, recent press releases tell of quad tripling of laboratory space. First product to begin initial production. The hiring of new investor relations. The strong management and numerous niche markets make Alumifuel Power Corp a very attractive investment.

Want More? Check out the new Investor Relations website -http://irgnews.com/coi/AFPW

Web-site- http://www.alumifuelpowerinc.com/

AlumiFuel Power Corp. Operating Subsidiary AlumiFuel Power, Inc. Ready to Begin Production of Its Portable Balloon Inflation System

Read the full press release here- http://finance.yahoo.com/news/AlumiFuel-Power-Corp-bw-4277286044.html?x=0&.v=1

AlumiFuel Power Corp. Operating Subsidiary AlumiFuel Power, Inc. Customizes Its Powder Mixtures Through Nanotechnology Analysis.

Press Release Source: AlumiFuel Power Corporation On Thursday July 16, 2009,

CENTENNIAL, Colo.--(BUSINESS WIRE)--AlumiFuel Power Corporation (“the Company”) (OTCBB: AFPW) said today that its wholly owned operating subsidiary, AlumiFuel Power, Inc. (“API”), based in Philadelphia, Pennsylvania, an early production stage hydrogen generation company, has announced new breakthroughs in its AlumiFuel powdered aluminum mixes for specific applications as a result of nanotechnology materials analysis made possible by its membership in Drexel University’s Nanotechnology Consortium and the resultant direct interaction with the Drexel Nanotechnology Institute (DNI).
As a member of the Drexel Nanotechnology Consortium, API has access to the world-class Central Research Facilities of Drexel University, including state-of-the-art analytical and imaging labs and a micro fabrication lab. The labs rely on a vast array of advanced equipment for electron microscopy, spectroscopy, x-ray diffraction, micro fabrication and other nanoscale functions.
The Drexel relationship has given API cutting edge capabilities to analyze, at the atomic level, pre- and post-reacted AlumiFuel powder mixtures and to observe small samples during the reaction. This technology allows for very precise observations of the fundamental chemical mechanisms that accelerate or decelerate the reaction, which will ultimately lead to more controllability and higher yields. API has processed dozens of images and spectrographs capturing the variety of crystal growth occurring during the reaction and also the shape, size and surface characteristics of the aluminum before the reaction
API’s Chief Technology Officer, Mr. John Boyle, a nationally renowned hydrogen expert, said, “These observations already have helped API tailor the size, shape and dispersion of AlumiFuel mixtures for various applications -- ranging from a rapid low temperature release of hydrogen for inflating weather balloons, to a slower steady release of hydrogen for fuel cells to generate electricity or a high temperature reaction to power steam turbines for underwater propulsion
As a result of this synergy, API and DNI are also collaborating in the pursuit of various Department of Defense R&D program opportunities, with DNI serving as a subcontractor to API on selected Small Business Technology Transfer and Small Business Innovative Research proposals.
API’s President & CEO, Mr. David Cade, said, “We are extremely fortunate to have such a close working relationship with Drexel Engineering. This has enabled API to more aggressively pursue our business plan as we commercialize our technology and penetrate our target markets.”

STRONG BUY!

Inhibiton Therapeutics Completes Name Change to AlumiFuel Power Corporation

Company to Begin Trading Under Symbol “AFPW” on OTC Bulletin Board at Market Open on July 6, 2009

Press Release.

Inhibiton Therapeutics Inc. stockholders have approved a name change to AlumiFuel Power Corp., the company announced Thursday.
The renaming follows Centennial-based Inhibiton's acquisition of HPI Partners LLC and its subsidiary, AlumiFuel Power Inc.
"We believe given the immediate impact API will have on the company it makes sense to identify the public entity with that operating subsidiary to provide continuity for our shareholders, interested investors and the alternative energy community," Henry Fong, president of Inhibiton (OTCBB: IHBT), said last month when the proposed name change was announced.
"We are continuing to pursue our biotechnology research project; however, the board also intends to investigate strategic alternatives available to the company with respect to the two separate business divisions," Fong said then.
The company's symbol will change on the OTC Bulletin Board.
The purchase signaled that Inhibiton is branching out from its prior focus on biotechnology research on fighting cancer.
Inhibiton's all-stock deal for HPI Partners and AlumiFuel Power was worth $12 million, Inhibiton said when it was announced in December.
HPI and AlumiFuel are based in Philadelphia. AlumiFuel is an alternative-energy company seeking to commercialize a process for generating hydrogen gas and steam, to be used where onsite, on-demand fuel sources are needed.
The deal calls for members of HPI to receive up to $12 million of Inhibiton’s stock in exchange for all interest in HPI, including ownership of AlumiFuel, its intellectual property and business operations.
AlumiFuel processes generate hydrogen gas and steam, which drive fuel cells for backup and portable power, filling inflatable devices such as weather balloons.

Recent Headlines

Mon 4:13pm
IHBT.OB
INHIBITON THERAPEUTICS, INC. Files SEC form 10-K, Annual Report
Tue, May 12, 2009 • Inhibiton Therapeutics, Inc. Operating Subsidiary AlumiFuel Power, Inc. Announces New Website
Mon, May 11, 2009 • INHIBITON THERAPEUTICS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisitio
Wed, May 6, 2009 • Inhibiton closes on HPI Partners purchase