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NEW Company Press Release.

AlumiFuel Power, Inc.'s PBIS-1000 Portable Hydrogen Generator is Now Commercially Available.

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 its Portable Balloon Inflation System-1000 (PBIS-1000) hydrogen generator is now available for purchase by military and meteorological service customers worldwide. Lift gas unit sales will be through Kaymont Consolidated, Inc. of Long Island, NY, the world’s largest weather balloon distributor, and API’s partner for lift gas applications.

API’s PBIS-1000, manufactured to API’s specifications by APEX Piping Systems, Inc., 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 proprietary additives, are inserted into two reactor vessels in the unit. Water is poured into the unit’s water tank, and a hand pump is then used to inject water into the cartridges, generating 1,000 liters of hydrogen in 20 minutes.

This fourth generation PBIS-1000 was designed and developed for lift gas operations based on feedback from an unspecified military customer following live demonstrations of earlier generations of the unit over an 18-month period. The PBIS-1000 is presently being displayed at the Kaymont booth at the annual American Meteorological Society Meeting in Atlanta.

The production unit has a simpler design with fewer components, and is lighter, more compact, more ruggedized for military applications, more user-friendly, and more cost-effective. Using a higher grade stainless steel construction with better corrosion properties and durable fluorocarbon rubber for all seals, the upgraded unit can better withstand required pressures and temperatures over its long expected lifetime. The reactor and water tanks, as well as all plumbing lines and connectors, have been optimized for weight, simplicity, and cost, and are stamped and certified with the ASME code – a standard requirement for commercial pressure vessels. The unit meets Mil Spec requirements for vibration, environmental and drop tests, and is housed in a molded polyethylene carrying case used regularly by the military.
For balloon filling applications, the unit replaces other lift gas sources such as increasingly scarce helium and hydrogen generated and delivered by other means such as K-Cylinders, and expensive steam reforming and electrolysis processes. The PBIS-1000 is ideal for remote or other locations where no external power is available and delivery of other hydrogen sources is difficult or impractical. The unit is priced at $15,000, with each cartridge priced at $20. The PBIS-1000 is sized to fill and launch weather and special purpose balloons that are 100g or larger (5 feet in diameter and up). A smaller unit, the PBIS-500, which uses one cartridge instead of two, is also available for pilot balloon applications (30g or 18 inches in diameter). The PBIS-500 unit is priced at $10,000, and the cans at $15.

While API’s hydrogen generator was initially designed for the remote inflation of weather balloons, the quality of hydrogen the reactor generates is easily adaptable to fuel cells and many other systems requiring remote/portable hydrogen. Currently, large, heavy and hard-to-handle steel “K-Cylinders” under very high pressures are used to transport and deliver hydrogen to customers. The PBIS-1000 unit instead relies on small unpressurized cartridges of aluminum powder and any available water source. This greatly reduces the cost and danger of transporting hydrogen, and makes hydrogen available to previously inaccessible locations.

Mr. David Cade, API’s President and Chief Executive Officer said: “This important milestone is the culmination of two years of intense engineering development by our technical staff. The PBIS-1000 is a one-of-a-kind product in the global hydrogen industry, and will have a far reaching impact on user’s applications requiring instant, cost-effective hydrogen for lift gas operations and small-scale remote and portable power.”

Parties interested in placing purchase orders should contact Mr. Paul Fetkowitz, Vice President of Kaymont Consolidated, at 1-800-644-6459. Parties interested in learning more about the PBIS-1000 technology, engineering and operations, should contact Mr. Sean McIntosh, API’s Director of Engineering, at 215-921-9203.

About Kaymont Consolidated Industries, Inc.

Kaymont Consolidated Industries, Inc. . founded in 1978, has been a provider of the highest quality meteorological balloons to the National Weather Service, U.S. military, and U.S. test ranges. Kaymont's vast experience and knowledge in the worldwide meteorological market make it ideally suited for marketing API’s technology to both military and civilian lift gas customers around the world. Kaymont Consolidated is also a leading global supplier of meteorological measuring devices used in military applications, and of humidity calibration chambers for use in various industries.

About Apex Piping Systems

Apex Piping Systems, Inc. is a world class fabricator of piping systems, skid modules, specialty fabrications and reactor vessels serving the Petro-Chemical, Air Separation, Nuclear, Hydrogen Fuel Cell, Gas Turbine, Bio-Fuel and other related industries. Their headquarters is located in Newport, Delaware, conveniently located off of Interstate 95, with close access to barge and rail transport. Their main engineering and manufacturing facility spans over 60,000 square feet, and features a world class 35,000-square-foot ASME code process pipe and pressure vessel fabrication shop. The company holds ASME “U”, “PP”, “S”, and NBIC “R” code stamp authorizations, and is certified by TUV SUD America to the European Pressure Equipment Directive (PED) and ISO ISO 9001:2000.
About AlumiFuel Power, Inc. (API)

API is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API’s hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for flameless heaters/warmers. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit .

About AlumiFuel Power Corporation

AlumiFuel Power Corporation acquired in May 2009 its 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.

AlumiFuel Power CorporationInvestor Relations:Thomas B. Olson, 303-796-8940Corporate SecretaryorPublic Relations:The Investor Relations Group (IRG)Mike Graff, 212-825-3210orTechnical Information & Marketing:API Laboratories, 215-921-9203

AlumiFuel Power, Inc. Updates Its Commercialization and Marketing Plans for 2010.

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 is Positioned to aggressively move into the commercialization stage in early 2010, as one product is now entering the marketplace and another product is ready for market entry.

The PBIS-1000 hydrogen generator is now in production, and delivery of these operational units to customers is expected to begin shortly. (See API news release of December 30, 2009). This unit uses two 32oz.cartridges filled with API’s proprietary AlumiFuel powder mix to generate 1,000 liters of hydrogen as lift gas to launch a five-foot weather balloon in 20 minutes. The PBIS-1000 is a unique product, not available from any other source in the world; it enables cost-effective balloon launching from any remote or inaccessible location without having to rely on expensive electrolysis or steam reforming technologies, or on hard-to-handle and logistically difficult K-Cylinders. In fact, 10 of the 32oz cartridges generate 5,000 liters of hydrogen – the same as a K-Cylinder, and at far lower pressures.

The weather balloon market is pegged at $150-$200 million per year, and encompasses military as well as civil government meteorological users worldwide. API and its partner, Kaymont Consolidated of Long Island, NY – the world’s largest distributor of weather balloons – have demonstrated pre-production versions of the PBIS-1000 to customers, and the production unit reflects considerable customer feedback. Based on customer reaction, Kaymont and API expect to begin capturing significant market share in 2010, and believe the PBIS-1000 can become the field standard and product of choice. After purchasing PBIS-1000 hydrogen generators, customers will continue to purchase replacement cartridges sufficient for each generator to launch 500-1,000 balloons each year (1,000-2,000 cartridges). This is analogous to the razor/razor blade market dynamic.

Of equal importance to the weather balloon market, the PBIS-1000 can easily be tailored to feed fuel cells to generate electricity for back-up, stand-by, auxiliary and portable power. API is in discussions with several major fuel cell companies regarding specific applications. Small, portable fuel cell applications potentially represent an $8 billion annual market as fuel cells replace older technologies such as gensets and batteries. It should be noted that hydrogen provides 4-5 times the energy density (and hence operating time) of lithium batteries.
API has also completed development of a new generation of flameless heaters – which can heat rations, or fuel personal warmers. (See API news release of December 21, 2009). The most highly visible application in this genre is the Flamelss Ration Heaters (FRH) which heats MREs (Meals-Ready-to Eat) in about 20 minutes. The US Department of Defense (DoD) spends about $36 million annually on these heaters for MREs. Worldwide, this FRH market is about $70 million for military and commercial applications. The incumbent FRH provider to the DoD operates on a sole source basis using a magnesium powder-based mix. After considerable comparative testing in API’s laboratory, it is apparent that API’s AlumiFuel powder-based mix is superior in terms of heat generated per gram and time of heating, and is significantly cheaper. API now has a product ready for this market and is in a dialogue with the cognizant DoD offices to determine the appropriate path for market entry. API also is exploring various options for path-to-market partners to address the larger global market.
In addition to these market-ready applications, API and a major aerospace partner are continuing to pursue a longer-range, but highly important mission-critical undersea application for the U.S. Navy. Together with a major subsidiary of the world’s second largest aerospace & defense company (a Fortune-50 firm), API is in discussions with U.S. Navy R&D activities regarding appropriate programs to develop a prototype Unmanned Underwater Vehicle (UUV) propulsion system using API’s AlumiFuel-water reaction as the source of superheated steam to drive the aerospace firm’s turbines. Again, application of these combined technologies would be unique, and would replace very costly lithium-based batteries while providing 4-5 times the mission duration. The two companies are optimistic that this effort will lead to a new-start R&D program in 2010; of course, once such a new propulsion system is ready for the marketplace, actual system procurement would likely be measured in the billions of dollars.

API’s President and Chief Executive Officer, Mr. David Cade, said, “It is very gratifying to note that with our strong engineering development focus, we are at the forefront of commercializing this aluminum-water hydrogen generating technology, which in many instances is still a laboratory curiosity. We have successfully harnessed this technology for on-site, on-demand, real world hydrogen applications, embodied in real products for real customers. I am extremely proud of our superb technical team which has made this happen, and we are now looking forward to an unbroken string of successes in our target markets.”

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.”