HOUSTON, Apr 5, 2012 (GlobeNewswire via COMTEX) — iVoice, Inc. (OTC:IVOI.PK) announces today its new web presence at http://hydrafuelcellcorporation.com, or alternatively at http://hydrafuelcell.wordpress.com, introduced in order to provide clear and concise information regarding the company’s “go forward plan“. Since understanding hydrogen fuel cell technology and Hydra Fuel Cell Corporation’s (a wholly owned subsidiary) patented and trademarked technology is important to our investors, management is integrating a BLOG following emerging associated issues and technologies.
“Phase 1 depends upon an updated and refined business plan for Hydra Fuel Cell Corporation.” Bob Farr, COO and President of iVoice, Inc. elaborated, “Since American Security Resources Corporation (OTC:ARSC.PK) incubated Hydra Fuel Cell Corporation into iVoice, Inc. so it would eventually stand alone, management retained Rhodes Holdings LLC (“RHL”) to take our 2010 business plan and integrate it into iVoice, Inc.’s structure. A new investor presentation and fact sheet based upon that refinement will be available on our website by next Friday, April 13, 2012.“
In the coming week, management will also be updating the Company’s information on financial websites so that they correctly reflect the Company’s current structure and business plan.
About iVoice, Inc.
iVoice, Inc. (“IVOI”, http://hydrafuelcellcorporation.com or http://hydrafuelcell.wordpress.com), soon to be renamed Hydra Fuel Cell Corporation after its wholly owned subsidiary Hydra Fuel Cell Corporation, develops and manufactures advanced proton exchange membrane based hydrogen fuel cells. Hydra produces fuel cells with capacities from 500 watts to 5 kilowatts, primarily for residential and light commercial use.
About American Security Resources Corp.
American Security Resources Corp. (“ARSC”, http://www.americansecurityresources.com) owns and develops unique intellectual property related to hydrogen fuel cells and business activities to help speed their implementation, funding, and sales. In early 2012, ARSC took control of iVoice, Inc. in order to incubate, fund, and eventually dividend out its wholly owned subsidiary Hydra Fuel Cell Corporation, now an iVoice, Inc. subsidiary.
About Rhodes Holdings LLC
Rhodes Holdings LLC (“RHL”, http://rhodesholdings.wordpress.com) provides management consulting services that allow its clients to seek financing through the public markets, either through mezzanine debt, equity, or bank debt. RHL management consulting is provided within the framework of its copyrighted RHL Methodology.
Safe Harbor Statement
The statements in this release that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectations.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: American Security Resources Corp.
CONTACT: CONTACT: Frank Neukomm or Bob Farr firstname.lastname@example.org 713-465-1001 (C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
INDUSTRY KEYWORD: Energy Industries SUBJECT CODE: ENERGY INTERNET Product Services Announcement