Astris Energi Inc. (Mississauga, ON), a developer of alkaline fuel cell technology, announced that it has signed an agreement with Alternate Energy Corp. (AEC) where AEC becomes a value-added reseller (VAR) for Astris' alkaline fuel cell (AFC) power generator products, effective immediately. The VAR relationship permits Astris access to AEC's substantial customer prospects and distribution arrangements, and enables AEC to use Astris' AFC for demonstration and sales purposes at AEC's Oak Ridge Tennessee Product Development Center. AEC owns the rights to low-cost technology for the production of on-demand hydrogen from water.
The purpose of this VAR arrangement is to enable AEC to demonstrate and make available a combined fuel cell power pack for sale to major corporate customers, utility customers, as well as demonstration with US Federal energy authorities. With many government energy agencies working to promote numerous green energy projects and the substantial availability of Federal and State grants, this combination of fuel cell and hydrogen production technology (power pack) should be very attractive to commercial users interested in renewable on-site energy.
