Hydrogen Dynamics AG
Hydrogen Dynamics Announces Revolutionary Technology
Hydrogen Dynamics AG / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Hydrogen Dynamics Announces Revolutionary Technology Zug, Switzerland, March 31, 2008: Hydrogen Dynamics (www.hydrogendynamics.ch), a world leader in the development of cutting edge hydrogen fuel technology, is pleased to announce it is finalizing its new revolutionary technology which uses hydrogen to power a regular internal combustion engine as is found in most of the world’s automobiles. The company’s prototype is slated to make its world wide debut before the end of the third quarter of 2008. Hydrogen Dynamics is pusing hard to complete and file several patents on its new technology and expects worldwide exposure for this one-of-a-kind vehicle. Meanwhile, the company continues to develop fuel cell power systems for the smaller electrical vehicle market. This worldwide market is expected to exceed $4 billion by the end of 2009. For instance, Hydrogen Dynamics is presently building and testing fuel cell prototypes for a Swiss electrical vehicle company as well as test vehicles for several of Europe’s Poste Corporations as well as another German company developing electric-powered vehicles. Fuel cell advantages With oil above $100/barrel, oil imports are projected to increase in price. Passenger vehicles in the US alone consume 6 million barrels of oil every single day, which is equivalent to 85% of oil imports. The U.S. Department of Energy projects that if just 10% of automobiles nationwide were powered by fuel cells, regulated air pollutants would be cut by one million tons per year and 60 million tons of the greenhouse gas carbon dioxide would be eliminated. DOE projects that the same number of fuel cell cars would cut oil imports to the United States by 800,000 barrels a day -- about 13 percent of total imports. About the company Based in Switzerland, Hydrogen Dynamics develops and sells efficient hydrogen fuel cell solutions for small city electric vehicles ranging from wheelchairs to tricycles and scooters and even small cars. Hydrogen Dynamics is also developing a hydrogen powered technology for internal combustion engines. Contact: info@hydrogendynamics.ch 02.04.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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