Aqua Power Systems to Expand Aqupa Product Line with RMAF Emergency Lantern with integrated USB Rapid Charging Unit
TOKYO, Sept. 23, 2015 /PRNewswire/ -- Aqua Power Systems, Inc. (OTC-QB: APSI) (the "Company"), operating through its wholly-owned subsidiary Aqua Power System Japan Kabushiki Kaisha ("AP Japan"), is pleased to announce the development of the Company's newest product, the Aqupa Dome Lantern with USB Charging, which provides critical off-grid lighting and USB charging capabilities in emergency response and disaster situations.
Tadashi Ishikawa, President of the Aqua Power, commented, "The addition of the innovative new Aqupa Dome Lantern emergency lighting and USB charging device to our product lineup expands the Aqupa brand and builds upon the previous success of our emergency NoPoPo water activated RMAF batteries in Japan."
The Aqupa Dome Lantern with USB Charging is the latest product developed by Aqua Power to provide emergency light and enables full charging of smartphones, tablets, and other USB devices (including iPhones and iPads). The Aqupa Dome Lantern can produce approximately 160 hours of continuous light from four (4) high-intensity LEDs producing 7,600 lumens of light (comparable to a fluorescent 100W lightbulb). The Aqupa Dome Lantern also utilizes a high-power 4.5V USB port rapid-charging capability which allows an iPhone to be charged from zero to full in approximately 30 minutes and the iPad in 90 minutes. Aqupa Dome Lantern with USB Charging weighs 950 grams and can be used repeatedly by replacing the magnesium power bar kit. The Aqupa Dome Lantern with USB Charging is expected to be in production in fall 2015.
Mr. Ishikawa added, "This is just the beginning of our corporate growth strategy. We anticipate that this will be the first of many exciting new consumer and industrial scale critical power solutions that we launch and bring to global markets over the coming months that utilize our unique patented RMAF magnesium-air batteries and fuel cells."
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]
Investor Relations contact: Netgain Financial Inc. (http://netgain-financial.com) at (760) 942-4500
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.
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SOURCE Aqua Power Systems, Inc.
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