From Aug. 24 News Release...
LARGO, Fla., Aug. 24 /PRNewswire/ -- When former Nobel prize nominee Ruggero M. Santilli, Ph.D. presents Toups Technology Licensing, Inc.'s (OTC Bulletin Board: TOUP ) MagneGas(TM) at the INE-99 Symposium in Salt Lake City, Utah, on August 27, he will be announcing the discovery of a renewable, clean-burning, non-fossil fuel manufacturing process that gives back more energy than it takes to make it.
Developed by TTL in collaboration with Dr. Santilli, the MagneGas process generated 2.78 times more energy in the form of combustible gas than it took to make the gas according to an independent third party certification.
"A level of efficiency over one simply means that we have a very effective way of extracting energy that already exists," said Leon Toups, TTL's President and CEO.
With a machine that produces nearly three times the energy that it takes to run the machine, the MagneGas process has the potential to be a source of virtually limitless clean, renewable energy.
About the business implications of such a discovery, Toups said, "With such broad applications and favorable economics, it makes sense to partner this discovery with established fuel providers who can help to bring this important breakthrough to the world market quickly." |
