Aqua Power Discusses Strength of Intellectual Property Portfolio
TOKYO, Sept. 14, 2015 /PRNewswire/ -- Aqua Power Systems Inc. (OTCMKTS: APSI) (the "Company"), operating through its wholly owned subsidiary Aqua Power System Japan Kabushiki Kaisha ("AP Japan"), is pleased to provide further information regarding its RMAF magnesium fuel cell products and underlying Intellectual Property (IP) portfolio.
Tadashi Ishikawa, President of the Company, commented, "Over our many years of developing magnesium-air powered batteries and fuel cells, we have had to overcome numerous significant technical hurdles before achieving success. As a result of making these remarkable design innovations, APSI now has 16 Japanese patents and patents-pending to date, and is one of the first companies in the world to commercialize this form of clean power generation."
A fuel cell is a device that converts the chemical energy from a fuel into electricity by way of a chemical reaction with oxygen or another oxidizing agent. Fuel cells are different from batteries in that they require a constant source of fuel and oxygen/air to sustain the chemical reaction. However, fuel cells can continue to produce electricity as long as these inputs are supplied. Every fuel cell requires an electrolyte, generating electricity by a chemical reaction (as opposed to combustion). The electrolyte carries electrically charged particles from one electrode to the other.
The RMAF system generates electricity by combining magnesium, a saltwater electrolyte, and air (oxygen), using patented technologies developed by Aqua Power. RMAF applications can be refueled – virtually without limit -- with Aqua Power's proprietary lightweight magnesium rods that fuel the power producing ion exchange and electrical reaction.
The RMAF system inhibits hydrogen buildup through a series of events occurring concurrently. Hydrogen inhibition starts with the application of an internal flow-back duct that returns the hydrogen to the water inside the cell. In addition to this, to prevent the hydrogen that builds up from escaping outside the chamber, a small percentage of calcium is introduced into the magnesium bar.
A key element that enables RMAF's remarkable technical performance is a unique wire-free structure (patent and patents-pending protected). This structure along with the introduction of the small percentage of calcium to the magnesium bar allows for the removal of hydrogen from the system, which in turn eliminates hydrogen build-up and enables easy expansion to create larger units for greater power generation. Other RMAF innovations made by APSI include proprietary anode and cathode configurations for each product and internal design.
Another item of unique Intellectual property is the ability to keep the magnesium sediment (magnesium oxide) flat so it does not impact on the power generated. If this did not occur then the sediment would pile vertically (cone shaped) inside the product, causing current interruption. As a result of this the magnesium bar can be changed easily without damage to the system when refueling.
Aqua Power Systems' proprietary RMAF Magnesium Air Fuel Cell technologies, product designs, and other intellectual property are protected by a number of Japanese and international patents/trademarks including: 16 Japanese patents covering all RMAF Intellectual Property; 3 US patents related to Magnesium Air Fuel Cell; 6 international patents on Liquid Detection, Apparatus & Air Magnesium Fuel Cells; Chinese, US, and EU patents on Liquid Leakage Detection System; Taiwan & Chinese patent on Liquid Detection Apparatus; and 5 Japanese "Utility Models" mostly relating to the NoPoPo branded water battery.
Mr. Ishikawa concluded, "By protecting our proprietary intellectual property with a strong portfolio of patents and trademarks around the globe, APSI will be able to take full commercial advantage of its innovations worldwide. We look forward to leveraging this IP portfolio with the release of new RMAF products in the near future and potentially expanding our distribution strategy to include licensing RMAF technology to larger established consumer and commercial electronics manufacturers in key markets."
ABOUT AQUA POWER SYSTEMS, INC.
Aqua Power Systems, Inc. (APSI), through its wholly-owned subsidiary Aqua Power System Japan Kabushiki Kaisha, is a developer, distributor, and marketer of magnesium air fuel cell products. Founded in 2004 by Tadashi Ishikawa, Aqua Power Japan has successfully commercialized magnesium air fuel cells for generating safe, green, reliable and inexpensive off-grid electricity.
For additional information regarding Aqua Power, please visit www.aquapowersystems.com.
On behalf of the Board Tadashi Ishikawa, President
For further information please contact: [email protected].
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. We are not in control of energy trends and prices and these could vary to make our business development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE Aqua Power Systems, Inc.
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