GEI Administration Control Panel


March 10, 2014 – Market Watch

http://www.marketwatch.com/story/gei-global-accelerates-fuel-cell-launch-for-world-markets-2014-03-10?reflink=MW_news_stmp

FLINT, Mar 10, 2014 (GLOBE NEWSWIRE via COMTEX) -- GEI Global Energy Corp (otcqb:GEIG) announces that the Company has engaged the expertise and services of C&S Engineering Solutions ( http://csengineeringsolutions.com ) to assist with the product development of the GEI X5 hybrid fuel cell electric power generator. The C&S Engineering Solutions five (5) person engineering team represents over 100 cumulative years of engineering expertise in electrical and systems engineering and program management, automotive electronics, electronics manufacturing, and embedded microprocessor hardware controls and software prototyping. C&S Engineering Solutions, located in Grand Blanc, Michigan, will assist with the development of the GEI X5 embedded processor control system and application software development.

As GEI Global prepares to launch the X5 natural gas fuel cell electric power generator for Italy in 2014 for the stationary grid-independent primary power market for commercial real estate, C&S Engineering Solutions will play a vital role towards remote monitoring, electrical durability, and cost reduction. Dr. Berry, GEI Chairman and CEO, says: "C&S Engineering Solutions brings a wealth of technical high-level knowledge and expertise that will rapidly accelerate our product development cycle. We are indeed very fortunate to be so closely located within a few miles of each other."

The GEI X5 is an industry and technology game changer; it is a "hybrid" fuel cell power system which incorporates a high temperature PEM (Polymer Exchange Membrane) fuel cell and a high-density energy storage system. Because batteries and ultra-caps are excellent at satisfying high instant power demands, as such GEI fuel cell power systems can be sized to meet nominal power requirements and can be integrated with solar and wind projects to achieve maximum system efficiency. Additionally, due to the ability to use multiple fuels, such as natural gas and bio-renewable fuels, the GEI GLOBAL fuel cell power systems architecture removes the fuel as a barrier for global commercialization.

GEI GLOBAL ENERGY CORP., as a young emerging public company trading on the OTC Markets, the OTCBB, Yahoo Finance and other platforms, was originally established in 2007 as a Michigan based high-tech spin-off private Company with a menu of novel and innovative Fuel Cell technologies. GEI's product line is designed to be scalable for green hybrid fuel cell/solar power plants around the world. A multi-trillion dollar market is potentially available and, having recently gone public, has provided additional funding options which allows the Company to not only focus on existing customer demands, but also opens up expansion plans into worldwide markets for clean and inexpensive energy ( www.geiglobal.com ).

GEI GLOBAL is the innovative brainchild of Dr. K. J. Berry; professor, entrepreneur, and visionary, he's been called the city of Flint, Michigan's "fuel cell father," and after spending long hours researching, designing and testing various fuel cell technologies, he believes can help save Flint, Michigan [1]. Dr. Berry has been the driving force behind Michigan's first federally funded Center for Fuel Cell Research ( http://kufuelcellcenter.info ), and is recognized as one of the state's most promising entrepreneurs. Dr. Berry is also a national Fellow of the American Society of Mechanical Engineers.

Notice Regarding Forward-Looking Statements

This document contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mining exploration companies. These forward-looking statements are made as of the date of this document, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

http://www.mlive.com/news/flint/index.ssf/2010/05/michigan_honors_flints_fuel_ce.html

 

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Commercialization Print E-mail

FUEL CELLS: THE RACE TO AN ENERGY SECURE FUTUREfuelcell

Fuel cells are a highly efficient, combustion-less, and virtually pollution free energy source that provides electricity to power a wide array of applications including buildings, automobiles, emergency back-up systems, laptop computers, and numerous other consumer devices. In principle, a fuel cell is an electrochemical device that operates like a battery. However, unlike a battery, a fuel cell requires re-fueling, and not recharging. A fuel cell uses fuel - usually hydrogen extracted from natural gas, propane, or other carbon based fuels, and oxygen extracted from air - to produce electricity. Fuel cells will continue to produce energy in the form of electricity and heat as long as there is a constant fuel source. Hydrogen fuel cells work simply, have no moving parts, and operate silently with water and excess heat as the only by-products.

Specific industries that employ fuel cell power systems are:

  • Auxiliary Power
    o Commercial Trucking
    o Recreation Vehicles and Motor Homes
    o Marine
    o DOD Military
  • Portable Power
    o Disaster Relief Emergency
    • Back-up Stationary Power
  • Consumer
    o Defense and Homeland Security
    o Data Security
    o Telecommunications

Fuel Cell Commercialization Barriers

Although significant financial resources have been invested in fuel cell technology over the last few years, the following are typically agreed to as primary barriers to mass market commercialization. They are:

1. Lack of a hydrogen infrastructure for fuel storage and distribution.
2. Cost of ownership due to use of precious metals for fuel cell membranes.
3. Lack of large volume applications to minimize both membrane and component cost, and overall manufacturing cost, and;
4. Lack of robust fuel cell power system design that is flexible and adaptable to the varying needs of the user and minimizes engineering cost for use with multiple applications with different power requirements.

GEI's Commercialization Strategy

Global Energy Innovations (GEI) is part of the Fuel Cell and Sustainable/Alternative Energy industry and has a target market that includes portable and on-board fuel cell power generation applications requiring efficient, clean, near-zero emissions, and silent operations in the 2kW to 10kW nominal power range.

GEI's competitive strategy is the economical processing of hydrogen from locally available logistics fuels combined with flexible, adaptable, and reconfigurable power electronics. This strategy provides a pathway to large volume commercialization of fuel cell power systems. Our innovative technology is customer centric and is driven by a commercialization reality that provides opportunities for the rapid integration of fuel cell power systems for markets typically restricted by the lack of a hydrogen infrastructure and allows for a common fuel cell architecture accross multiple application areas. This "Blue Ocean" strategy is fundamental to GEI's success.

Our initial product offering is the GEI proprietary X5 Smart Adaptable Fuel Cell Auxiliary Power Unit, i.e. “GEI X5”. The GEI X5 has the competitive advantage of providing multiple user programmable power output channels over a wide voltage and current range that operate concurrently and independently. The GEI X5 innovation provides customers significant flexibility relative to the use of fuel cell APU’s for multiple applications with varying currents and voltages with a single fuel cell stack input.

Currently, fuel cell auxiliary units (APU’s) are designed for a single voltage output which limits the widespread commercialization of the technology, requires increased engineering and design cost for fuel cell system providers for different applications. Of most importantly the current architecture keeps the APU system cost high which limits user acceptability. Additionally, the GEI X5 smart APU provides for multiple input voltage sources, as well as multiple output power sources, to accommodate other renewable sources such as wind and solar power in addition to fuel cells.

In a nutshell, the GEI X5 de-couples the fuel cell input from the application output and allows the customer to customize the GEI X5 to individual current and voltage needs for multiple applications operating independently and concurrently. We feel our power electronics innovation is a “game changer” and will help to rapidly accelerate the adoption of fuel cell APU’s for multiple and concurrent everyday applications.

Practical Application Advantages

The advantages for commercial trucking, military, recreation vehicles, and marine applications are:

  1. Provides multiple reprogrammable output power channels supporting devices that operate at different voltages to maximize efficiency. For example, often for marine applications it is not uncommon to require 12V DC, 24VDC and 110VAC buss voltages.
  2. Allow OEM's to provide a single platform for both US, South American, Asia and European markets that often require a different voltage bus.
  3. Allows for emergency DC/AC export power for emergency disaster relief that often require varying and uncertain power requirements.