AFPW- A Strong & Steady Climber Up 7.69% With Great News!

AFPW had another fantastic day closing up 7.69% after the HOD close Thursday of last week. Today AFPW released some amazing news that we feel investors should read over carefully. AFPW announced today that they are 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. We feel major developments are definitely under way, and AFPW has the management to fully deliver on all fronts. It’s quite evident AFPW is serious when business calls. If you recall their last PR from December 30th AFPW announced that, with the help of its local manufacturing partner, Apex Piping Systems, its production line is fully ready for mass production of its hydrogen generators.

We have a colleague that has plans on heading down to AlumiFuel Power Corporations facility this week. We should be able to get pictures of their building, etc and hopefully get some answer any questions we may have.

With MAJOR developments underway we believe that this could be an extremely exciting year for AFPW and it’s investors.

AFPW’s New’s Release Today:

AlumiFuel Power, Inc. Updates Its Commercialization and Marketing Plans

AFPW Recent Press Release Highlights:

• AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced 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.
• API 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.
• 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.
• Unlike expensive electrolysis systems, API’s generator does not need an external power source, and unlike steam reformers, API’s generator creates no greenhouse gases. Furthermore, all the chemicals used in the reaction are non-toxic and can be recycled or discarded in municipal dumps. API’s hydrogen generator is more mobile and considerably less expensive than any other system on the market.
• The PBIS-1000 hydrogen generator is now in production, and delivery of these operational units to customers is expected to begin shortly.
• 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.
• 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.

Link to AFPW’s Video Chart:

http://investorshub.advfn.com/boards/playvideo.aspx?v_id=814

CEO Interview From September: *An Absolute Must See*

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