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Posted: January 19, 2010
EcoloCap Solutions Introduces its Lithium X Battery Ahead of Schedule
(Nanowerk News) EcoloCap Solutions Inc. today announced that it has delivered its first Lithium X batteries to Halo Renewable Energy of Seattle, WA months ahead of the original schedule. Halo will conduct preliminary testing in collaboration with a major potential customer, which plans on using the battery for energy storage in multiple US locations.
The first test results should be available within a month, followed by the certification necessary to abide by safety and transportation regulations. Michael Siegel, President and CEO of EcoloCap Solutions Inc. stated: "Our Korean partners have put a concentrated effort in the development of the Lithium X battery. The battery's small size and weight coupled with its large energy reserve capacity as compared with what exists in the market today, makes it the perfect candidate for early adoption for electric powered vehicle and energy storage applications.
The Lithium X battery addresses industry complaints that existing Lithium batteries are unreliable, lack durability and their high cost limits their marketability. We will publish side by side comparisons as soon as the initial U.S. based test results are available."
About The Company
EcoloCap Solutions Inc. and its subsidiaries Micro Bubble Technologies Inc. ("MBT"), K-MBT Inc. (Korea) and EcoloCap Solutions Canada Inc., are an integrated network of environmentally focused technology companies that mainly utilize nanotechnology to develop efficient alternative energy solutions. Their portfolio of products and services include MBT's Carbon Nano Tube (CNT) and Lithium X rechargeable batteries that surpass the performance of batteries in the market today, MBT's M-Fuel, a breakthrough suspension fuel for diesel and heavy oil applications that greatly reduces cost and the emission of harmful gases, and EcoloCap Solutions Canada Inc. which offers Carbon Credit UN Certification and trading services.
Source: EcoloCap (press release)
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