|By Marketwired .||
|June 10, 2014 03:23 AM EDT||
SANTA BARBARA, CA -- (Marketwired) -- 06/10/14 -- HyperSolar, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, announced today that Nature Magazine, one of the most prominent publications read primarily by research scientists, has highlighted the HyperSolar technology in its June Issue.
The recently published article, 'Solar energy: Springtime for the artificial leaf', details scientific breakthroughs in developing photons into renewable fuel. The article provides an overview of HyperSolar technology, before stating, "A 2009 DOE report estimated that, if it uses cheap materials, this 'baggie' approach could produce hydrogen economically with 10% efficiency, stable for 10 years." In addition to HyperSolar, the article references several organizations and technologies, including the Joint Center for Artificial Photosynthesis (JCAP), a 190-person research program funded by the US Department of Energy.
"We are very encouraged by the recent media coverage of not just HyperSolar, but the entire hydrogen fuel industry," said Tim Young, CEO of HyperSolar. "With so many positive announcements from automobile manufacturers, big-box retailers, and other industries funding and pursuing hydrogen fuel technology, we are pleased to be part of the narrative. As the demand for hydrogen increases, it is important to have a truly 'green' method of production versus the most common form of hydrogen production, which uses various fossil fuels as a feedstock. Our goal has always been to develop a viable option for renewable hydrogen fuel that can be produced at or near the point of use."
HyperSolar's technology is based on the concept of developing a low-cost, submersible hydrogen production particle that can split water molecules using sunlight without any other external systems or resources -- acting as artificial photosynthesis. A video of an early proof-of-concept prototype can be viewed at http://hypersolar.com/application.php.
About HyperSolar, Inc.
HyperSolar is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles. To learn more about HyperSolar, please visit our website at www.hypersolar.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, th e impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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