FERN Announces Development of Off-Grid Power Storage Device
FOUNTAIN HILLS, Ariz., Aug. 1, 2017 /PRNewswire/ -- Fernhill Corporation (OTC PINK: FERN) is pleased to announce the recent development of a new power generation and storage prototype.
The first design in a newly launched suite of products will be the "P72" short for "Prototype 72". After a major disaster, the first 72 hours can be the most challenging for families that are not adequately prepared. The "P72" product is designed to provide temporary off grid power backup for an entire family at this critical time. When grid power goes off-line by or during a natural disaster, the "P72" is designed to provide power, lighting and charging for the most essential equipment. We understand that emergency communication is equally as important as having a readily available power source. The "P72" device will provide adequate power for lighting, emergency equipment, cellular phones and emergency broadcast devices.
The extremely durable "P72" design will also allow for the device to be used as a recreational family product. The portability of the "P72" product allows for quick deployment and will give users the ability to have immediate off grid power generation. High powered outputs, multiple methods of charging and large battery capacities make the "P72" a perfect alternative to traditional gas-powered generation. The "P72" device will also integrate a design specific for export to several key countries in 2018. These selected countries will then have a viable solution where grid stability and affordable power options are not adequately available.
Currently, the developed working prototypes are in the process of integrating several product improvements to ensure retail acceptance. The commercialization of the "P72" product line is now in the sights of the company moving forward. Production in an Arizona facility is anticipated to commence in the 4th quarter of 2017.
The "P72" device will be product branded in the future and packaged as a solution with a "Made in the USA" label. Our goal is to provide homes in and outside of the United States with a readily available and stable power supply.
About Fernhill Corporation
Fernhill Corporation is a holding company focused in the energy and technology sector. Incorporated in Nevada with operations in North America, Fernhill Corporation is focused on acquisitions and or partnerships in energy based sector businesses.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Fernhill Corporation
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