HOUSTON, TX / March 18, 2014 / Hydrogen Future Corporation (OTCQB: HFCO) achieved a milestone in early March in its on-going efforts to secure funding to begin production of advanced hydrogen fuel cells. HFCO concluded an agreement with a private investment group for a significant percentage of the funds required to start production.
HFCO is in active discussions with several other private sources to secure the balance of the production startup funds it requires and will be announcing the completion of those agreements soon.
Management will be providing periodic updates to shareholders at its achievement of important milestones on the way to the Hydrogen Future.
Hydrogen Future Corporation has identified advanced hydrogen fuel cell technology which it intends to bring to market this year. The Company's primary focus is on small businesses and residences for primary electric generation and grid replacement.
Safe Harbor Statement
The statements in this release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Frank Neukomm or Bob Farr
SOURCE: Hydrogen Future Corporation
Release ID: 36611