We have various alternative energy fuel companies excited, we are looking for long term investors and more research and development funds to come our way, its a big break-through and a new beginning for hydrogen production
Las Vegas, NV (PRWEB) May 24, 2006
Energy Ventures Organization, Inc. (http://www.energyVentures.org) a Nevada based Zero Pollution Energy Solutions (ZPES) company, is pioneering the fast growing Hydrogen Alternative Fuel Production Industry for homeowners who want a “one-time purchase residential solution” similar to the purchase of an air conditioning unit today which would power their homes free of the electrical grid and electrical grid costs, as well as pinpointing commercial applications for future initiatives and joint ventures.
Through our extensive research and development (R&D) Energy Ventures Organization has now completed a third generation hydrogen-producing unit. Energy Ventures Organization (EVO) has produced and stored large amounts of homeowner produced hydrogen (99.999% purity) in various tanks. EVO units can operate a 1200-watt fuel cell generator running small home appliances, directly from EVO hydrogen units. EVO is able to produce sufficient pressure and volume to connect a cutting/welding torch, melting and cutting various metals, directly from the hydrogen generator. EVO has established that high volume production can be accomplished at low cost and is confident that a low cost way for home owners and others to produce hydrogen fuel is here.
Zero Pollution Energy Solutions (ZPES) technology permits the generation of hydrogen from water through a 'green' process smashing the cost of energy per BTU compared to fossil fuel. EVO believes their systems can revolutionize the home energy industry, and be applied through proper scaling to many specific industrial applications as well. Visit our website at http://www.energyventures.org/projects.htm and check our latest R&D video. (Click here to see our latest R&D Video http://www.energyventures.org/evo3rd.wmv)
EVO is utilizing natural energy resources to accomplish this home energy transformation, through solar, wind and water. EVO’s biggest breakthrough has been the type of water used. EVO found that using a modified resonance field, water is enriched with protons causing higher potential energy and as a result water molecules can break up easier into hydrogen and oxygen, thus increasing production per volume of water and decreasing the amount of electrical power required. “We have increased production more than 200 %”, stated John Bonaventura, Project Scientist and CEO of Energy Ventures Organization, Inc.
Energy Ventures Organization is soon to be segmenting the market place for its hydrogen fuel production and has pinpointed market focused initiatives in both commercial and industrial applications. “We have various alternative energy fuel companies excited, we are looking for long term investors and more research and development funds to come our way, its a big break-through and a new beginning for hydrogen production”, stated EVO President Mr. Conrad Vergara.
RESIDENTIAL HYDROGEN APPLIANCE. EVO has now completed a third generation R&D Hydrogen Generator and are one step closer to providing residential homeowners with a one-time purchase of a “Residential Hydrogen Generator” that will provide the production and storage needed to completely power a home and run the family car.
HYDROGEN SOLUTIONS - Energy Ventures Organization is in negotiations with a Nevada Oil Company that ownes a 26,000-acre BLM lease currently being explored for oil and gas. Energy Ventures Organization will R&D hydrogen to supply the electrical needs for exploration and operations, including pump jacks etc., as the leases are located far from any electrical energy grid. This Nevada Oil field is thought to be one of the largest new oil fields in America.
HYDROGEN FUELED ENGINES - The hydrogen highway that California Governor Arnold Schwarzenegger dreams of is closer than you think as Japan is following the lead of California in preparing for the new hydrogen economy, and beginning the construction of model hydrogen stations, and although the commercial use of fuel cell technology for auto use might be a future prospect, they like Governor Schwarzenegger, want to be ready.
Energy Ventures Organization is initializing a second R&D program with Lake Conroe Marine of Conroe, Texas, (http://www.lakeconroemarine.com) to convert Marine Engines to run on Hydrogen Gas, by modification of the carburetion system, which can also be applied to automobiles and commercial applications. Hillary Rodham Clinton, US Senator (NY) voted to target 100,000 hydrogen-powered vehicles by 2010. This vote would pass an amendment that would call for the Department of Energy to set targets and timelines to maintain the production of 100,000 hydrogen-powered vehicles by 2010, and 2.5 million vehicles annually by 2020. It also would call for the department to set targets for the sale of hydrogen at fueling stations.
UNDER DEVELOPED COUNTRIES, VILLAGE POWER SYSTEMS - The underdeveloped world is in great need of electrical energy for industrial development necessary to advance their countries with zero environmental pollution and affect on their cultural systems. The first phase of a so-called wind/hydrogen village on the western tip of Prince Edward Island will begin to take shape this summer. The solutions sought by Energy Ventures organization will provide low costs zero pollution electrical power to developing countries.
H-PRIZE - Under House-passed legislation to encourage research into hydrogen as an alternative fuel, Scientists, inventors and entrepreneurs will be able to vie for a grand prize of $10 million. Under the plan, four annual prizes of $1 million each would be given for production, storage, distribution and utilization of hydrogen, and a top prize of $100 million for achieving consumer-ready technology. “This is an opportunity for a triple play,” said bill sponsor Rep. Bob Inglis, R-S.C., citing benefits to national security from reduced dependence on foreign oil, cleaner air from burning pollution-free hydrogen and new jobs. "If we can reinvent the car, imagine the jobs we can create." "Perhaps the greatest role that the H-Prize may serve is in spurring the imagination of our most valuable resource, our youth," said co-sponsor Rep. Dan Lipinski, D-Ill. The prize would not take away funds from any federal hydrogen programs, including the $1.7 billion hydrogen research program that The Energy Department announced earlier this year that it would provide $119 million in funding for research into hydrogen fuel cells, including $100 million over the next four years to projects to improve components of fuel cell systems.
This press release includes "forward-looking statements" Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings. Apollo Alternative Fuels Company, LLC, a wholly-owned subsidiary of Apollo Resources International, Inc. (OTCBB: AOOR) has a 50% stake in Energy Ventures Organization. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.