SymPowerco Corporation Announces Fuel Cell Prototype Project
.Companies:Sympowerco Corp..Press Release Source: SymPowerco Corp. On Tuesday February 16, 2010, 7:30 am
GARDNERVILLE, NV--(Marketwire - 02/16/10) - SymPowerco Corporation (Pinksheets:SYMW - News) CEO John Davenport today announced the start of a new project for the development and construction of an advanced Flowing Electrolyte Direct Methanol Fuel Cell ("FEDMFC") prototype. The as-yet-unnamed project will serve to address several objectives relating to the advancement of FEDMFC technologies including innovative engineering designs, durability, scalability and manufacturing methods and economics.
SymPowerco's management is of the opinion that its engineering and electro-chemical ideas and designs must be implemented and tested with a state-of-the-art prototype that offers sufficient flexibility in its design to allow multiple engineering concepts to be tested under broad operating parameters.
The prototype will be developed completely in-house by SymPowerco's subsidiary, Polygenic Power Corp. SymPowerco Corporation will retain control of all facets of the project as well as all Intellectual Property rights that result from the project. The project will run parallel with any other fuel cell projects with which the company is involved and is expected to greatly expedite the company's FEDMFC objectives.
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets that are being created by today's energy and environmental challenges.