CEDAR PARK, TEXAS -- (MARKET WIRE) -- January 17, 2007 -- The first
EEStor, Inc. automated production line has been proven to meet the
requirements for precise chemical delivery, purity control, parameter
control and stability.
In addition, EEStor, Inc. has completed the initial milestone of
certifying purification, concentration, and stability of all of its
key production chemicals notably the attainment of 99.9994% purity of
its barium nitrate powder.
The independent 3rd party chemical analysis was completed by Southwest
Research Institute, Inc. located in San Antonio, Texas under contract
with EEStor, Inc.
With these milestones completed, EEStor, Inc. is now in the process of
producing on its automated production line, composition-modified
barium titanate powders and is moving toward completing its next major
milestone of powder certification.
It is anticipated that the relative permittivity of the current powder
will-either meet and/or exceed 18,500, the previous level achieved
when EEStor, Inc. produced prototype components using it engineering
level processing equipment.
Richard Weir, CEO and President of EEStor, Inc. added: "We are very
proud of the key advancements we have made over the past year. In
addition to the milestones identified, the Company has also been
awarded a critical patent related to our technology and has 12
additional patents pending. We have built a state-of-the-art facility
and have exceptional personnel onboard."
The first commercial application of the EESU is intended to be used in
electric vehicles under a technology agreement with ZENN Motors
Company. EEStor, Inc. remains on track to begin shipping production 15
kilowatt-hour Electrical Energy Storage Units (EESU) to ZENN Motor
Company in 2007 for use in their electric vehicles. The production
EESU for ZENN Motor Company will function to specification in
operating environments as sever as negative 20 to plus 65 degrees
Celsius, will weigh less than 100 pounds, and will have ability to be
recharged in a matter of minutes.
ABOUT EEStor, Inc.
Headquartered in Cedar Park, Texas, EEStor, Inc. is dedicated to the
design, development, and manufacturing of high-density energy storage
devices. Utilizing revolutionary ultra capacitor architecture and
environmentally friendly materials the EEStor, Inc. EESU will compete
against all existing battery technologies. The EEStor, Inc. EESU IS
capable of microsecond recharging and millions of 100%
charge/discharge cycles. The technology is affordable and designed for
versatile "racked and stacked" configurations.
EEStor, Inc. automated production line has been proven to meet the
requirements for precise chemical delivery, purity control, parameter
control and stability.
In addition, EEStor, Inc. has completed the initial milestone of
certifying purification, concentration, and stability of all of its
key production chemicals notably the attainment of 99.9994% purity of
its barium nitrate powder.
The independent 3rd party chemical analysis was completed by Southwest
Research Institute, Inc. located in San Antonio, Texas under contract
with EEStor, Inc.
With these milestones completed, EEStor, Inc. is now in the process of
producing on its automated production line, composition-modified
barium titanate powders and is moving toward completing its next major
milestone of powder certification.
It is anticipated that the relative permittivity of the current powder
will-either meet and/or exceed 18,500, the previous level achieved
when EEStor, Inc. produced prototype components using it engineering
level processing equipment.
Richard Weir, CEO and President of EEStor, Inc. added: "We are very
proud of the key advancements we have made over the past year. In
addition to the milestones identified, the Company has also been
awarded a critical patent related to our technology and has 12
additional patents pending. We have built a state-of-the-art facility
and have exceptional personnel onboard."
The first commercial application of the EESU is intended to be used in
electric vehicles under a technology agreement with ZENN Motors
Company. EEStor, Inc. remains on track to begin shipping production 15
kilowatt-hour Electrical Energy Storage Units (EESU) to ZENN Motor
Company in 2007 for use in their electric vehicles. The production
EESU for ZENN Motor Company will function to specification in
operating environments as sever as negative 20 to plus 65 degrees
Celsius, will weigh less than 100 pounds, and will have ability to be
recharged in a matter of minutes.
ABOUT EEStor, Inc.
Headquartered in Cedar Park, Texas, EEStor, Inc. is dedicated to the
design, development, and manufacturing of high-density energy storage
devices. Utilizing revolutionary ultra capacitor architecture and
environmentally friendly materials the EEStor, Inc. EESU will compete
against all existing battery technologies. The EEStor, Inc. EESU IS
capable of microsecond recharging and millions of 100%
charge/discharge cycles. The technology is affordable and designed for
versatile "racked and stacked" configurations.
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