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Novofuel's Unique Hydrogen Generation Patent to Be Issued on March 10, 2015

2015-03-03 10:01 ET - News Release

PHILADELPHIA, PA / ACCESSWIRE / March 3, 2015 / NovoFuel, Inc. ("NovoFuel"), a wholly-owned operating subsidiary of AlumiFuel Power Corporation (PINKSHEETS:AFPW), announced today that it has been notified by the U.S. Patent & Trademark Office (USPTO) that its hydrogen generation patent will be issued on March 10, 2015 as U.S. Patent No. 8,974,765. (See NovoFuel News Release of October 29, 2014.)

The original 2009 omnibus patent application, "METHODS AND APPARATUS FOR CONTROLLED PRODUCTION OF HYDROGEN USING ALUMINUM-BASED WATER-SPLIT REACTIONS," went through an extensive review by the USPTO. The patent contains 48 specific claims which are applications-oriented, focusing on the practical aspects of controlling the aluminum powder-water reaction in NovoFuel's unique cartridge-based hydrogen generation system used in such applications as feeding fuel cells for backup power, and filling weather balloons for upper atmospheric measurements. NovoFuel's Intellectual Property portfolio also includes valuable proprietary know-how, an essential complement to the patent.

After March 10, 2015, the NovoFuel patent can be found on the USPTO website by following the instructions at this link: http://www.uspto.gov/patents-application-process/search-patents, or alternatively, entering the patent number at this link: http://patft.uspto.gov/netahtml/PTO/srchnum.htm. (Cut and paste the links into your browser if necessary).

"This powerful patent validates the utility of our novel hydrogen generation technology and products for real world applications rather than just laboratory experiments. Additionally, it provides a key technology underpinning for the hydrogen fuel cell-related capabilities which are an important part of our hybrid Renewable Energy Systems (RES) solutions for medical cannabis grow operations," said Mr. David Cade, President and CEO of NovoFuel, Inc. (See AFPW News Release of February 8, 2015)

About NovoFuel,Inc.

NovoFuel, Inc., a wholly owned operating subsidiary of AlumiFuel Power Corporation, is an early production stage renewable energy company that generates hydrogen gas and heat through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. The Company's hydrogen generation feeds fuel cells for backup and portable power, provides lift gas for weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to power fuel cell-based and turbine-based undersea propulsion and auxiliary power systems. In addition, NovoFuel has embarked on a new initiative to design and field hybrid renewable energy solutions for medical cannabis grow operations. The Company has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products.

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

CONTACTS:

AlumiFuel Power Corporation Thomas B. Olson, Corporate Secretary 303-796-8940

Novofuel, Inc. Technical Information & Marketing: info@alumifuelpowertech.com

Investor Relations:

South Street Media, Inc. Melissa Diaz 917-937-8968 info@southstreetmedia.com

SOURCE: AlumiFuel Power Corporation

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