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7:18 pm
February 12, 2010
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mickymoose99
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SymPowerco Corporation Renames Subsidiary to Polygenic Power Corp
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{”s” : “symw.pk”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”}
Press Release Source: SymPowerco Corp. On Friday February 12, 2010, 4:59 pm EST
GARDNERVILLE, NV–(Marketwire – 02/12/10) – SymPowerco Corporation (Pinksheets:SYMW – News) CEO John Davenport announced today that the company has received approval to change the name of its wholly owned subsidiary, 1259529 Alberta Limited, to Polygenic Power Corp (”PPC”).
Effective immediately, Polygenic Power Corp will be responsible for the implementation of the development plans for SymPowerco's various technologies. SymPowerco recently completed a broad assessment of its technologies and opportunities and will soon announce various initiatives in support of its development plans.
Stated CEO, John Davenport, “Polygenic Power Corp will operate within SymPowerco and will develop technologies for SymPowerco. As the owner of PPC, SymPowerco will retain the rights to all PPC developments. The name 'Polygenic' reflects the genesis of various technologies within SymPowerco and symbolizes the company's desire to move forward on multiple fronts.”
“I want to add that SymPowerco is grateful for the patience of its shareholders during this extended period while we developed our plans for what we hope will be an exciting year for our company.”
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets that are being created by today's energy and environmental challenges.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
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7:41 am
February 16, 2010
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mickymoose99
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SymPowerco Corporation Announces Fuel Cell Prototype Project
GARDNERVILLE, NV, Feb 16, 2010 (MARKETWIRE via COMTEX) — SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport today announced the start of a new project for the development and construction of an advanced Flowing Electrolyte Direct Methanol Fuel Cell (”FEDMFC”) prototype. The as-yet-unnamed project will serve to address several objectives relating to the advancement of FEDMFC technologies including innovative engineering designs, durability, scalability and manufacturing methods and economics.
SymPowerco's management is of the opinion that its engineering and electro-chemical ideas and designs must be implemented and tested with a state-of-the-art prototype that offers sufficient flexibility in its design to allow multiple engineering concepts to be tested under broad operating parameters.
The prototype will be developed completely in-house by SymPowerco's subsidiary, Polygenic Power Corp. SymPowerco Corporation will retain control of all facets of the project as well as all Intellectual Property rights that result from the project. The project will run parallel with any other fuel cell projects with which the company is involved and is expected to greatly expedite the company's FEDMFC objectives.
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets that are being created by today's energy and environmental challenges.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Contact:
Investor Relations:
775-636-8486
Email Contact: Email Contact
SOURCE: SymPowerco Corp.
CONTACT: http://www2.marketwire.com/mw/.....EF00F1E585
Copyright 2010 Marketwire, Inc., All rights reserved.
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SUBJECT CODE: Energy and Utilities:Alternative Energy
Energy and Utilities:Oil and Gas
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6:07 pm
February 22, 2010
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mickymoose99
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SymPowerco Advances Timeline for Fuel Cell Specifications
GARDNERVILLE, NV, Feb 22, 2010 (MARKETWIRE via COMTEX) — SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport states that the company's recently announced fuel cell prototype project has prompted inquiries about the availability of the company's Flowing Electrolyte Direct Methanol Fuel Cell (”FEDMFC”). As a result, the company will answer the inquiries with an expanded call for specifications that SymPowerco must meet in order for OEMs to adequately test SymPowerco's alpha-stage FEDMFCs as they become available.
Stated SymPowerco CEO, John Davenport, “We are very pleased with the responses to the announcement that we are developing a new FEDMFC prototype. It was immediately clear that interest in our future products could encompass a wider variety of OEM and consumer requirements than we had originally considered. As a result, we are moving the timeline forward on the design of power output configurations, power interface standards and other operating designs and parameters that are needed for our intended markets. This aspect of SymPowerco's plans will run concurrently with the FEDMFC prototype project.”
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets that are being created by today's energy and environmental challenges.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Contact:
Investor Relations: 775-636-8486
Email Contact: Email Contact
SOURCE: SymPowerco Corp.
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12:57 pm
March 7, 2010
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mickymoose99
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SymPowerco Announces Fuel Cell Prototype Objectives
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Press Release Source: SymPowerco Corp. On Friday March 5, 2010, 6:27 pm EST
GARDNERVILLE, NV–(Marketwire – 03/05/10) – SymPowerco Corporation (Pinksheets:SYMW – News) CEO John Davenport today announced the primary objectives of the recently announced fuel cell prototype project that is intended to address several aspects of performance, durability, scalability, manufacturing methods and economics of the company's unique Flowing Electrolyte Direct Methanol Fuel Cell (”FEDMFC”).
The primary objective of the program will be to dramatically improve reaction kinetics at the FEDMFC's anode. The methanol reaction mechanisms in all Direct Methanol Fuel Cells are more complex than those of hydrogen resulting in excessive voltage drops (activation polarization) that occur during the activation phase of the reaction. SymPowerco expects to advance its bipolar plate designs and operating parameters with a view to increasing both the rate and quality of methanol reactions without an increase in catalyst quantities. Particular attention will be given to improving reaction gas removal from the reaction zone in order to optimize both fuel flow and catalyst availability.
Reducing Activation Polarization will require the development of an advanced “Balance of Plant” (”BoP”). As a result, various FEDMFC support equipment configurations and operating parameters will be tested. The objectives relative to the BoP design and testing will be two-fold. The first objective is the improvement of reaction kinetics, as stated. The second objective of this aspect of the project will be to test the scalability of single stack and multiple stack configurations operating with a single BoP design. The company is of the opinion that increasing fuel cell output with multiple stack configurations need not cause a proportionate increase in BoP power demands, thus indicating increased energy efficiencies in multi-stack configurations.
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets that are being created by today's energy and environmental challenges.
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7:58 am
March 8, 2010
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mickymoose99
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SymPowerco Enters Phase II of Its Fuel Cell and HEV Projects
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{”s” : “symw.pk”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”}
Press Release Source: SymPowerco Corp. On Monday March 8, 2010, 7:30 am
GARDNERVILLE, NV–(Marketwire – 03/08/10) – SymPowerco Corporation (Pinksheets:SYMW – News) CEO John Davenport today announced that the company has entered Phase II of its two concurrent prototype projects, the Flowing Electrolyte Direct Methanol Fuel Cell (”FEDMFC”) Prototype Project and the Hybrid Power System Project for small Hybrid Electric Vehicles.
Phase II of the FEDMFC prototype project will include materials and equipment assessments for the various components that will constitute the fuel cell stack and the prototype's Balance of Plant. In addition, Phase II is intended to produce the complete CAD/CAM design plans of the advanced components that are required to satisfy the recently announced objectives of the program.
Phase II of the Hybrid Power System Project will include formal assessments of the materials and equipment required to test several types of power sources required for small Hybrid Electric Vehicle drive systems.
Stated CEO, John Davenport, “Phase II is intended to take both projects forward to the point of procurement of the equipment and material required for the assembly of the prototypes. Many aspects of Phase II are already at advanced levels of development and the company hopes to complete the remaining Phase II elements in an expedited manner.”
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets that are being created by today's energy and environmental challenges.
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