Dateline: Fri, 22 Aug 2008
freeNewsArticles Story Summary: “SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — Limnia, Inc., in a private/public partnership with university and national lab efforts, announces an initiative to aggregate over $100M of past research from 30 years of private lab development. This project’s goal is to deliver an energy storage solution to the marketplace which holds more energy than traditional batteries with optimal efficiency and maintains longer duration per charge than any other solution currently available worldwide.”
A R T I C L E:
SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — Limnia, Inc., in a private/public partnership with university and national lab efforts, today announces an initiative to aggregate over $100M of past research from 30 years of private lab development. This project’s goal is to deliver an energy storage solution to the marketplace which holds more energy than traditional batteries with optimal efficiency and maintains longer duration per charge than any other solution currently available worldwide. This energy storage solution’s utilization will have widespread positive impact – increasing efficiencies in both the corporate and consumer marketplace and complies with the energy policies of both Barack Obama and John McCain.
Limnia, Inc. (www.limnia.com) is the first firm to introduce a standardized platform into the market that links solid-state energy storage applications to the currently existing supply infrastructure using common carrier resources in a scalable, cost effective manner. Limnia provides cleaner, quieter, longer duration electric power at a lower cost than competing systems. Limnia, Inc. holds the issued patents on hot-swap nationwide energy depots, supply chain software, fuel cassettes and related technologies. Limnia has deep patent protection for its solid state solutions to the production, transport and distribution of hydrogen energy.
The latest Limnia(TM) technology offerings provide important potential advantages. The technology heralds the end of brown-outs and blackouts. This unique approach utilizes Limnia’s patented fuel cassettes to deliver the lowest cost per use, longest range, safest, most upgradeable power source for data centers, vehicles, homes and other environments. The technology can allow a vehicle to drive across America without ever turning off the engine, allow computer notebook power packs to run for days, and facilitate homes to make their own green energy.
The pre-revenue start-up company has received a Congressional commendation, successfully executed on a major U.S. Department of Energy contract, established a laboratory, built numerous prototypes and proof-of-concept devices and recently collaborated on one of the largest electric vehicle projects in the market.
Limnia, Inc. is now perfecting its product development strategy and hopes to begin delivering to the marketplace soon after closing its current funding round. Corporate funding partners are sought to support this effort and field test the product.
More information: www.limnia.com.
Disclaimer: This press release may contain certain statements, approximations, estimates, and projections with respect to the anticipated future performance of Limnia and the markets in which it operates (“Forward-Looking Statements”). Such Forward-Looking Statements are based on a number of significant uncertainties and contingencies that may cause actual results to differ materially from those express or implied. No representations or warranties are made as to the accuracy or realization of such Forward-Looking Statements. This press release is not an offer and is being provided for informational purposes only. Potential investors should always make their own evaluation of all claims made in any company statement, including this one, and this release does not purport to contain all of the information which may be relevant to such evaluation.
All trademarks acknowledged.
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• Story Title: Limnia, Inc. Announces Private/Government Partnership to Deliver Leading Energy Storage Solution to Worldwide Marketplace
• REFERENCE KEYWORDS/TERMS: Limnia energy storage solution, , , longer duration electric power, Energy, Oil and Gas, , , .
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