Alumifuel Pwr Corp (OTC:AFPW)

AlumiFuel Power Corporation, through its subsidiaries, operates as an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. The company engages in the generation of hydrogen from its products, which fills inflatable devices, such as weather balloons; feeds fuel cells for portable and back-up power; and replaces hard-to-handle and high pressure K-Cylinders. It offers PBIS-1000, a portable balloon inflation device; PBIS-2000, a portable balloon inflation system, which generates sufficient hydrogen to inflate a 200g weather balloon within 20 minutes using up to 6 alumifuel cartridges contained in a single reactor vessel; and PBIS-lite that is designed for 30g pieball balloons. The company also designs and develops hydrogen/heat output to drive turbine-based underwater propulsion systems and auxiliary power systems, as well as the fuel for flameless ration heaters. AlumiFuel Power Corporation is based in Englewood, Colorado.

PHILADELPHIA, PA--(Marketwired - Oct 16, 2014) - NovoFuel, Inc. ("NovoFuel"), a wholly-owned subsidiary of AlumiFuel Power Corporation (PINKSHEETS: AFPW), announced today that it has finalized a series of key strategic partnerships that are an integral part of the development and installation of a Michigan-based Renewable Energy System (RES) pilot site exclusively meant for the cultivation of legal medical cannabis.

NovoFuel has entered into formalized partnership agreements with several companies that each contribute specialized expertise towards the design and integration of renewable energy systems aimed at enhancing the production and optimizing the efficiency needed by medical cannabis cultivators. Implementing NovoFuel's advanced proprietary renewable energy solution for cannabis cultivation facilities can improve the cost basis for energy consumption.