American Security Resources Corporation (OTCBB:ARSC) President and COO, Bob Farr, announced, “Late yesterday we signed an agreement giving our new subsidiary the exclusive right to develop and commercially market a residential scale version of the patented Noble Wind Turbine.”
Farr continued, “We have formed a subsidiary, American Wind Power Corporation, to develop this opportunity. In addition we plan to work on developing technologies from our Hydra Fuel Cell and American Hydrogen subsidiaries that will allow for the storage and transfer of wind generated electricity from periods of low demand to periods of peak demand.” American Security Resources Corporation
ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, is developing high volume, mass producible hydrogen fuel cells. Its American Hydrogen Corp. subsidiary is developing a method to inexpensively formulate hydrogen from ammonia.
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