| Energy Ventures
Organization, Inc. (www.energyVentures.org)
a Nevada based Zero Pollution Energy Solutions (ZPES)
company, is pioneering the fast growing Hydrogen
Alternative Fuel Production Industry for homeowners who
want a one-time purchase residential solution
similar to the purchase of an air conditioning unit today
which would power their homes free of the electrical grid
and electrical grid costs, as well as pinpointing
commercial applications for future initiatives and joint
ventures. Las Vegas, NV (PRWEB) May 24, 2006 --
Energy Ventures Organization, Inc. (www.energyVentures.org)
a Nevada based Zero Pollution Energy Solutions (ZPES)
company, is pioneering the fast growing Hydrogen
Alternative Fuel Production Industry for homeowners who
want a one-time purchase residential solution
similar to the purchase of an air conditioning unit today
which would power their homes free of the electrical grid
and electrical grid costs, as well as pinpointing
commercial applications for future initiatives and joint
ventures.
Through our extensive research and development (R&D)
Energy Ventures Organization has now completed a third
generation hydrogen-producing unit. Energy Ventures
Organization (EVO) has produced and stored large amounts
of homeowner produced hydrogen (99.999% purity) in
various tanks. EVO units can operate a 1200-watt fuel
cell generator running small home appliances, directly
from EVO hydrogen units. EVO is able to produce
sufficient pressure and volume to connect a
cutting/welding torch, melting and cutting various
metals, directly from the hydrogen generator. EVO has
established that high volume production can be
accomplished at low cost and is confident that a low cost
way for home owners and others to produce hydrogen fuel
is here.
Zero Pollution Energy Solutions (ZPES) technology permits
the generation of hydrogen from water through a 'green'
process smashing the cost of energy per BTU compared to
fossil fuel. EVO believes their systems can revolutionize
the home energy industry, and be applied through proper
scaling to many specific industrial applications as well.
Visit our website at http://www.energyventures.org/projects.htm
and check our latest R&D video. (Click here to see
our latest R&D Video http://www.energyventures.org/evo3rd.wmv)
EVO is utilizing natural energy resources to accomplish
this home energy transformation, through solar, wind and
water. EVOs biggest breakthrough has been the type
of water used. EVO found that using a modified resonance
field, water is enriched with protons causing higher
potential energy and as a result water molecules can
break up easier into hydrogen and oxygen, thus increasing
production per volume of water and decreasing the amount
of electrical power required. We have increased
production more than 200 %, stated John
Bonaventura, Project Scientist and CEO of Energy Ventures
Organization, Inc.
Energy Ventures Organization is soon to be segmenting the
market place for its hydrogen fuel production and has
pinpointed market focused initiatives in both commercial
and industrial applications. We have various
alternative energy fuel companies excited, we are looking
for long term investors and more research and development
funds to come our way, its a big break-through and a new
beginning for hydrogen production, stated EVO
President Mr. Conrad Vergara.
RESIDENTIAL HYDROGEN APPLIANCE. EVO has now completed a
third generation R&D Hydrogen Generator and are one
step closer to providing residential homeowners with a
one-time purchase of a Residential Hydrogen
Generator that will provide the production and
storage needed to completely power a home and run the
family car.
HYDROGEN SOLUTIONS - Energy Ventures Organization is in
negotiations with a Nevada Oil Company that ownes a
26,000-acre BLM lease currently being explored for oil
and gas. Energy Ventures Organization will R&D
hydrogen to supply the electrical needs for exploration
and operations, including pump jacks etc., as the leases
are located far from any electrical energy grid. This
Nevada Oil field is thought to be one of the largest new
oil fields in America.
HYDROGEN FUELED ENGINES - The hydrogen highway that
California Governor Arnold Schwarzenegger dreams of is
closer than you think as Japan is following the lead of
California in preparing for the new hydrogen economy, and
beginning the construction of model hydrogen stations,
and although the commercial use of fuel cell technology
for auto use might be a future prospect, they like
Governor Schwarzenegger, want to be ready.
Energy Ventures Organization is initializing a second
R&D program with Lake Conroe Marine of Conroe, Texas,
(www.lakeconroemarine.com) to convert
Marine Engines to run on Hydrogen Gas, by modification of
the carburetion system, which can also be applied to
automobiles and commercial applications. Hillary Rodham
Clinton, US Senator (NY) voted to target 100,000
hydrogen-powered vehicles by 2010. This vote would pass
an amendment that would call for the Department of Energy
to set targets and timelines to maintain the production
of 100,000 hydrogen-powered vehicles by 2010, and 2.5
million vehicles annually by 2020. It also would call for
the department to set targets for the sale of hydrogen at
fueling stations.
UNDER DEVELOPED COUNTRIES, VILLAGE POWER SYSTEMS - The
underdeveloped world is in great need of electrical
energy for industrial development necessary to advance
their countries with zero environmental pollution and
affect on their cultural systems. The first phase of a
so-called wind/hydrogen village on the western tip of
Prince Edward Island will begin to take shape this
summer. The solutions sought by Energy Ventures
organization will provide low costs zero pollution
electrical power to developing countries.
H-PRIZE - Under House-passed legislation to encourage
research into hydrogen as an alternative fuel,
Scientists, inventors and entrepreneurs will be able to
vie for a grand prize of $10 million. Under the plan,
four annual prizes of $1 million each would be given for
production, storage, distribution and utilization of
hydrogen, and a top prize of $100 million for achieving
consumer-ready technology. This is an opportunity
for a triple play, said bill sponsor Rep. Bob
Inglis, R-S.C., citing benefits to national security from
reduced dependence on foreign oil, cleaner air from
burning pollution-free hydrogen and new jobs. "If we
can reinvent the car, imagine the jobs we can
create." "Perhaps the greatest role that the
H-Prize may serve is in spurring the imagination of our
most valuable resource, our youth," said co-sponsor
Rep. Dan Lipinski, D-Ill. The prize would not take away
funds from any federal hydrogen programs, including the
$1.7 billion hydrogen research program that The Energy
Department announced earlier this year that it would
provide $119 million in funding for research into
hydrogen fuel cells, including $100 million over the next
four years to projects to improve components of fuel cell
systems.
This press release includes "forward-looking
statements" Although the Company believes that the
assumptions upon which its forward-looking statements are
based are reasonable, it can give no assurance that these
assumptions will prove to be correct. Important factors
that could cause actual results to differ materially from
the Company's projections and expectations are disclosed
in the Company's filings. Apollo Alternative Fuels
Company, LLC, a wholly-owned subsidiary of Apollo
Resources International, Inc. (OTCBB: AOOR) has a 50%
stake in Energy Ventures Organization. All
forward-looking statements in this press release are
expressly qualified by such cautionary statements and by
reference to the underlying assumptions.
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