UltraGuard Water Systems Corp. (Vancouver, British Columbia, Canada), a public company emerging as a provider of ultra-violet drinking water purification and filtration systems for the global residential marketplace, announced plans to make a magnesium-air fuel cell UV product available in early 2004, and actively pursue international interest in representation and sublicensing.
Previously, UltraGuard acquired all the issued and outstanding shares of Innovative Fuel Cell Technology Inc., the holder of an option to acquire the world rights to a magnesium-air fuel cell developed by MagPower Systems Inc. UltraGuard and MagPower performed testing of the fuel cell to power UltraGuard's Point-of-Use water purification unit. UltraGuard completed an agreement with MagPower to purchase the worldwide rights to manufacture and market the magnesium-air fuel cell.
UltraGuard plans to use the the technology to produce clean drinking water in parts of the world where electrical power is not available. With the fuel cell used to pump the water and to power UltraGuard's UV unit, thousands of liters of clean and safe drinking water are available to even the most remote village or residence. Additionally, the fuel cell is available to power basic lighting needs, radios and televisions. To replenish the battery's power, a simple and inexpensive exchange of magnesium plates, hydrogen inhibitor and the addition of salt water have the fuel cell up to full power instantly.
