Amazonica Corp. Announces Commissioning of Large Scale Facility at the Institute of Plasma Physics of the National Science Ce...
03 Mars 2014 - 4:10PM
Marketwired
Amazonica Corp. Announces Commissioning of Large Scale Facility at
the Institute of Plasma Physics of the National Science Centre KIPT
of the National Academy of Sciences of Ukraine and Development of
Prototype
LAS VEGAS, NV--(Marketwired - Mar 3, 2014) - Amazonica
Corp. (OTCBB: AMZZ) (OTCQB: AMZZ) ("Amazonica" or the
"Company") is pleased to announce that its project manager, Dr.
Gennadiy Glazunov, has commissioned a new and larger facility
within National Science Centre KIPT (the "Institute"), Kharkov,
Ukraine in order to accommodate various equipment and personnel
required to continue R&D on the 99.999% pure hydrogen
production project.
Dr. Glazunov has also commissioned the manufacture of various
prototypes in order to assist in the further R&D of the pure
hydrogen producing technology.
The Kharkov Institute of Physics and Technology, home to the
Institute of Plasma Physics, is the oldest and largest of the
institutions within Ukrainian National Academy of Science, and has
been at the forefront of scientific developments since the country
obtained independence.
"I am very pleased with our progress to date on our ultra-pure
hydrogen project," stated Michael Soursos, CEO. "Dr. Glazunov and
his team of scientists are making great strides with their work in
the development of our technology."
About the National Academy of Sciences of Ukraine
The National Academy of Sciences of Ukraine is the highest
research body in Ukraine, as a self-governing state-funded
organization. It is the main research institution along with the
five other academies specialized in various scientific disciplines.
NAS Ukraine consists of numerous departments, sections, research
institutes, scientific centers and various other supporting
scientific research.
The Kharkov Institute of Physics and Technology ("KIPT") is one
of oldest and largest centers of physical science in Ukraine, and
was founded in 1928. After independence, the Institute has become
actively involved in the creation of research complexes of Ukraine,
as well as in shaping policy in the field of atomic industry,
nuclear energy, in the development of material science, accelerator
equipment and new sources of energy for demands of civil and
defense branches.
Nearly 400 PhDs and 80 Doctors of Sciences work at KIPT,
alongside 7 Members of National Academy of Sciences. More than
fifty scientists working at the Institute are winners of State and
international prizes in their respective fields. Since 1981 more
than 60 monographs have been published by the scientists working at
KIPT.
About Hydrogen
Hydrogen is the simplest, most prolific, and lightest element in
the universe. Hydrogen is not normally available in a gaseous state
in our environment, since it readily combines with oxygen to form
water, or with carbon to form fossil fuels such as crude oil,
natural gas, or coal. Hydrogen has a number of uses, including in
the manufacture of ammonia, but it is its potential as a fuel that
is attracting significant interest and investment. It has been
possible to construct or convert internal combustion engines to run
on hydrogen for some time, but safety and storage concerns
prevented any wide scale use. Recent advances in technology,
particularly in fuel cells, allied to the environmental concerns
from burning fossil fuels, have caused a re-evaluation of hydrogen
as a power source.
First discovered by German scientist Christian Friedrich
Schönbein in 1838, fuel cells are only now coming to widespread
attention, in a large part due to their potential to replace the
internal combustion engine in cars and commercial road vehicles.
Fuel cells chemically convert hydrogen to electricity to provide
power, emitting only water vapor as a waste product in the
process.
All major car manufacturers have, or are planning, hydrogen fuel
cell powered vehicles, and there are already hundreds of hydrogen
fuel cell powered buses on the streets of the world's major cities.
Fuel cell powered vehicles are more energy efficient than internal
combustion powered vehicles, can be refueled in a matter of minutes
and can travel for hundreds of miles between refueling. In addition
to road vehicles, hydrogen fuel cells are also being investigated
for their potential in airplanes, submarines and boats, smartphones
and other electronics, food preservation and emergency power
systems.
The most common methods of producing hydrogen at the moment are
by stripping the carbon atoms out of compressed natural gas using
steam (known as "cracking") or the electrolysis of water. Both
these processes are expensive, energy intensive and in the case of
cracking, produces waste carbon. Commercial production of clean,
cheap hydrogen is therefore a key requirement for large scale fuel
cell usage.
About Amazonica Corp.
Amazonica Corp. (dba Euro-American Hydrogen Corp.) is a
technology development company that is quoted on the
Over-the-Counter Bulletin Board (OTCBB) where the Company's ticker
symbol is AMZZ. Amazonica Corp. (dba EuroAmerican Hydrogen Corp.)
is developing a breakthrough, low cost technology to make 99.999%
pure hydrogen.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements."
Statements in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, the
Company's ability to develop its low cost ultra pure hydrogen
production technology. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, the inherent
uncertainties associated with developing new products and operating
as a development stage company, our ability to raise the additional
funding we will need to continue to pursue our business and product
development plans, competition in the industry in which we operate
and market conditions. These forward-looking statements are made as
of the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements, except as required by applicable law,
including the securities laws of the United States. Although we
believe that any beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no
assurance that any such beliefs, plans, expectations or intentions
will prove to be accurate. Investors should consult all of the
information set forth herein and should also refer to the risk
factors disclosure outlined in the reports and other documents we
file with the SEC, available at www.sec.gov.
Contact: Amazonica Corp. For further information call (855)
818-0066 Email: ir@kingstonir.net
Xfuels (CE) (USOTC:XFLS)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Xfuels (CE) (USOTC:XFLS)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024