Monday, September 20, 2010

AlumiFuel Power, Inc. CEO Represents Alternative Energy Sector on Corporate Growth Panel


Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly-owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that its CEO was recently featured in a CEO panel discussion sponsored by the Philadelphia area chapter of the Association for Corporate Growth (ACG).
ACG is a global organization for middle market business leaders and dealmakers focused on corporate growth strategies and Mergers & Acquisition activities. The September 16 panel presentation was dedicated to "hot industry" sectors poised for growth. Mr. David Cade, API's President and CEO, represented the Alternative Energy sector, while two other company CEOs covered the Health Care industry and the Logistics/Transportation sector. The panel members addressed growth drivers in their respective industries, including organic growth, legislative/regulatory changes, and mergers & acquisitions.
In his presentation to this large audience, Mr. Cade discussed the various components of the Alternative Energy sector -- ranging from solar power and wind power to nuclear power. Of particular interest to the audience were the significant emerging growth opportunities involving Natural Gas and Hydrogen fuels for vehicular applications and distributed/portable power applications, reducing the dependence on foreign oil. Mr. Cade also detailed the many Alternative Energy opportunities in Europe now being pursued by AlumiFuel Power International, Inc.

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