Maryland - The US market for fuel cells is projected to expand four-fold through 2006 to $3.3 billion. The electric power generation, remote supply, grid support, cogeneration market is projected to commercialize first, followed by portable power, cellphones, handheld computers, camcorders, digicams, and other advancing technologies.

Fuel cell automobiles may not emerge until after 2011 according to some industry experts, but this may rapidly change as one firm has established a project to cut this development time in half.

Advanced Capital Services has announced that it is interested in accelerating the expansion of this burgeoning global industry by providing the means for capital creation to deliver this technology to an estimated $1.6 trillion annual global market.

To that end the firm has launched its campaign to connect industry leaders interested in consolidating their firms by investing initially in minority stakes of various companies that are involved in this industry and further providing them with capital to commercialize these technologies as alternatives to continued global dependence on fossil fuels.

"We are interested in acquiring between 10 and 49% equity stakes in any company that produces stacks and systems, fuels, fuel cell electronics, stack components, fuel reformers and processors, hydrogen storage devices, fuel cell services, power generation equipment, automotive, mass transit, trucking, aircraft, portable electronics, military/aerospace, motive power, backup power, and related technological advancements in this industry", said Gene Rineer, Vice President of Mergers and Acquisitions.

"We have identified 34 key participants in this industry including Avista, Ballard Power Systems, DuPont, FuelCell Energy, General Electric, H Power, Honeywell International, Plug Power, Siemens, and United Technologies who we are approaching to participate in a multi billion venture pool to rapidly accelerate fuel cell technology," said Special Agent for Relationship Development, Medgar L. Reid in Maryland.

"Some of these firms may not be in a position to accelerate the advancement of this industry with us due to current market conditions, however, we would welcome their continued participation and would consider them as potential partners in our capital formation strategy for the entire industry," added Reid.

"In order to accelerate this rapidly advancing industry, we are advising industry leaders and high ranking international government officials on the formation of a capital pool of $30 billion for direct foreign investment in the United States through a network of international banks, private and institutional foreign investors which will streamline, consolidate, expand and commercialize this industry toward its $1.6 trillion annual potential, thereby cutting in half the time to bring this technology to market," said Reid.

So far the firm has recieved responses from two firms to which proposals have been sent to provide up to $400 million in capital for global expansion and commercialization of their products.

One such firm Powerzinc Electric, Inc. is a California based company dedicated to the research, development and manufacturing of a new, advanced environmentally-friendly zinc-air fuel cell and zinc-air battery. Their key product - DQFC series zinc-air fuel cells are a high performance fuel cell that is specifically designed for electric vehicle applications. It is currently capable of powering an electric scooter for over 130 miles with a short, mechanical refuel time of less than 5 minutes. Powerzinc's proprietary zinc-air fuel cell technology is also suitable for applications in consumer electronics, back-up power sources, telecommunications,medical devices, pleasure boats, and other transportation systems.

Advanced Capital Services Corporation

Advanced Capital Services Corporation

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