Xynergy Holdings, Inc. Second Generation Hydrogen Cell Yields Top Results
17 Dicembre 2010 - 3:15PM
Marketwired
Xynergy Holdings, Inc. ("Xynergy" and the "Company") (PINKSHEETS:
XYNH) is pleased to announce its subsidiary Hydrofuel, Inc. most
recent continuous driving tests, with its second generation
hydrogen cell, resulted in a "Company Best" of 36 miles per gallon.
The Company has continued to improve the interface between the
hydrogen cell, truck and the electronics, thus, increasing the
overall MPG results, which initially averaged 25 MPG; after the
latest improvements to the system, the average increased to 33 MPG.
Further tests have resulted in a "company best" of 36 MPG for
Xynergy's test vehicle, a 1999 Ford 7.3 liter diesel truck. Xynergy
Holding's CEO, JC Ley, comments, "We have been working hard since
the cell's inception to arrive at this point. We still have more
work to do, but believe that we may have crossed a major milestone.
We have and will continue to fine tune the efficiency of the cell.
Every component of the system is imperative to obtaining these
gains, such as the integration between the second generation
hydrogen cell, the electronics involved in regulating the hydrogen
production output capacity of the cell, and engine efficiency. Our
latest test results demonstrate a significant average gain, to the
tune of 33 MPG. This is equivalent to an average of 2.2 times gain,
which is more than double the average mileage over the available
published data for a 1999 Ford 7.3 liter Power Stroke diesel truck
engine."
The Company intends to polish up the system and is making plans
to file for a temporary patent on the second generation cell.
Additionally, plans are currently being developed for a third
generation cell designed for larger commercial vehicles and other
commercial applications.
About Xynergy Holdings, Inc. Xynergy Holdings, Inc. is committed
to meeting the world's growing energy needs while also promoting
environmentally conscious business practices, sustainability and
commerce. Xynergy Holdings, Inc. is focused on promoting global
commerce within the realm of a global economy.
Safe Harbor This press release includes statements that
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 (the "Reform
Act"). Xynergy Holdings, Inc. claims the protection of the
safe-harbor for forward-looking statements contained in the Reform
Act. These forward-looking statements are often characterized by
the terms "may," "believes," "projects," "expects," or
"anticipates," and do not reflect historical facts. Specific
forward-looking statements contained in this press release include,
but are not limited to: our successful integration of diversified
growth companies, impact of the company's expansion plan, and new
business development success, future financial results, development
and acquisition of new product lines and services, the impact of
competitive products or pricing from technological changes, the
effect of economic conditions and other uncertainties. The
forward-looking statements contained herein involve risks and
uncertainties that could cause actual results to differ materially
from the expectations contained in any such, forward-looking
statements. These risks include, but are not limited to: failure to
manage operating expenses or integrate new companies and/or
technologies, each of which could have a material impact on our
business, our financial results, and the company's stock price.
These risks and other factors are detailed in the Company's filings
with the U.S. Securities and Exchange Commission and the Pink
Sheets. Most of these factors are difficult to predict accurately
and are generally beyond the Company's control. Forward-looking
statements speak only as to the date they are made and Xynergy
Holdings, Inc. does not undertake to update forward-looking
statements to reflect circumstances or events that occur after the
date the forward-looking statements are made.
Contact Xynergy Holdings, Inc. 305-819-0452
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