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(From Chemical Business NewsBase - Press Release)
American Security Resources Corp (ARSC) has signed a Letter of Intent to acquire an interest in EGO Design Inc, a company that holds patents for silicon-based, hydrogen fuel cells. With the acquisition, ARSC will gain the exclusive right to licence and market the technology. ARSC reports that this proprietary technology will be the first commercially mass producible hydrogen fuel cell. It is eager to begin developing the markets for the many …