Alternative Hydrogen Solutions appoints CFO Christopher Franklin to lead efforts for growth and maximum profitability
FARMINGTON, Ark., Sept. 19, 2012 /PRNewswire/ -- Alternative Hydrogen Solutions, the exclusive seller of Highline Technical Innovations' (HLNT:OTC) Hy-Impact™ line of intelligent hydrogen systems announced today the appointment of Chief Financial Officer Christopher L. Franklin. Franklin brings over 20 years of finance and public accounting experience in both the public and private sector to Alternative Hydrogen Solutions (AHS).
CEO of AHS Chad Coats, stated, "The endeavor to bring the Hy-Impact line to market has been a very careful and strategic process. We have put together an excellent team with Delta Electronics and TMS (Technical Machining Services) for manufacturing, Velociti for deployment and LaunchIt to tell the world about us. With his strong financial background, our new CFO Chris Franklin provides AHS with the experience and the vision to orchestrate the very exciting months ahead."
Prior to his current role with Alternative Hydrogen Solutions (AHS), Franklin served as CFO for several international manufacturing and distribution companies. Most recently, Franklin held the positions of CFO and formal treasurer of Swarovski Optik North America where, as a member of the management board, he helped guide the Company to rapid profitability. Franklin is also experienced in strategic planning as well as overall company operations. He is an expert in the areas of financial management and analysis, cash flow management, budgeting, forecasting and process analysis. Franklin holds a B.S. in Accounting from the University of Rhode Island and a M.S. in taxation from Bryant University.
Franklin commented, "I am truly excited at the opportunity to join Alternative Hydrogen Solutions as its lead financial officer. With its cutting edge technology, AHS is poised to quickly become the leader in its space. I look forward to using my knowledge and background to help the management team grow AHS and create value for the Company's investors."
The Hy-Impact product line of fuel saving and harmful emissions reducing hydrogen systems uses hydrogen as a catalyst in order to more effectively burn fuel. Hydrogen is separated from water via the process of electrolysis allowing a precise amount of hydrogen gas to be introduced into the engine's combustion chamber, creating a significantly more efficient fuel burn. Hy-Impact's patent-pending CPU technology ensures the correct amount of hydrogen is introduced, while no moisture enters the engine, resulting in a dramatic increase in fuel economy while substantially lowering harmful emissions.
The Hy-Impact™ line of products began development in 2005. After 7 years of research, testing and modification, it has emerged as a unique and successful solution to the concerns posed by rising fuel prices and the environmental concerns related to harmful emissions. Alternative Hydrogen Solutions was formed in 2012, when Arkansas-based Highline Technical Innovations Inc. (OTC: HLNT), creator of the Hy-Impact line of intelligent hydrogen systems, joined forces with Alternative Hydrogen Systems Group Sales and Marketing LLC, in order to bring this revolutionary product to market. The products that comprise the Hy-Impact™ line and their corresponding industries include: Hy-Road™ for trucking, Hy-Marine™ for maritime, Hy-Flo™ for oil, Hy-Agra™ for agriculture, Hy-Rail™ for locomotive, and Hy-Drolean™ for municipality.
For more information visit www.hyimpact.com
About Highline Technical Innovations
Highline Technical Innovations Inc. (HLNT), based in Farmington, Arkansas, is dedicated to producing innovative, high quality products that are economical and reduce negative environmental impact. In 2012, HTI joined forces with Miami-based Alternative Hydrogen Systems Group Sales and Marketing LLC, a firm focused on introducing the latest in cost-saving and environmentally responsible technology to industries that rely heavily on the consumption of fossil fuels. HTI is the publicly held part of this joint venture (Alternative Hydrogen Solutions) and brings the revolutionary Hy-Impact line of fuel saving and emissions reducing devices to market.
Safe Harbor Statement
This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the PSLRA of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. AHS does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
Contact: Susan Fall
SOURCE Alternative Hydrogen Solutions