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To: Rctrader2 who wrote (85000)	5/25/2001 10:05:24 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

GVLT news Greenvolt Power Adds to its Commercial Product Line With Highway or Personal Emergency Fuel Cell-Powered Blinker ORILLIA, ONTARIO, MAY 25, 2001 (CCN Newswire via COMTEX) -- GV-Flash(TM) is powered by ecologically neutral Magnesium Air Saltwater Fuel Cell Greenvolt Power Corp (OTCBB:GVLT), a development stage company specializing in alternative energy sources, is ready to begin production of the GV-Flash(TM), a compact, inexpensive emergency blinker that emits a red flash-visible day or night-every second, 24 hours a day for more than a week without any servicing. The GV-Flash(TM) is Greenvolt's latest application of its Magnesium Air Saltwater Fuel Cell (MASWFC), an ecologically neutral power cell that runs by adding just 4.5 oz (130 cc) of saltwater. Adding or removing water instantly activates or deactivates the GV-Flash(TM) blinker. The application has now been perfected and tested, according to Greenvolt President and CEO Thomas Faul, who pointed to the great durability, simplicity, safety and low cost of powering the GV-Flash(TM) with the MASWFC. Faul added that most importantly, "No harmful by-products are created, thus it fits into our forward-looking, ecologically friendly product line". The GV-Flash(TM), which has a dry weight of only .53 lbs/0.24 kg, is approximately 3"x 4.5"x 4" (inclusive of flasher lamp) and can be placed on or attached to any flat surface with an adhesive or Velcro strip. The Company foresees the GV-Flash(TM) having multiple uses: --As an emergency flasher --For highway work --As a farm vehicle road marker --For personal identity while walking or jogging at night --As a driveway delineator --As a personal location signal --As a guest guide to cottage or camp --As a rescue signal in remote areas --As emergency boat lights (red for port, green for starboard, white for aft, white for forward or 360 degrees for anchor light) The GV-Flash(TM) signal is produced by a powerful, long-lasting, light-emitting diode, driven by a custom-designed electronic circuit. A 360 degrees colored lens has both forward focusing as well as all-around effect optics and can thus be seen from any direction from the lens side. For an even more powerful effect, two GV-Flash(TM) units can be placed back to back, resulting in 360 degrees vertical and horizontal visibility. By changing the color of the lens and of the diode, the GV-Flash(TM) could also produce one of the following: amber (warning light), green, blue or white light. About the Company Greenvolt Power Corp, a development stage company, focuses on the commercialization of alternative, efficient and affordable sources of energy through the utilization of unique, frost-proof and emission-free modular Alkaline Fuel Cell (AFC) systems and products, with a future eye on exploring other alternative energy sources such as Solid Polymer fuel cells and Magnesium Air Water fuel cells. An abundant, renewable power source, fuel cells are designed to produce non-polluting, direct current electric power for use in stationary and portable power applications. For additional information, visit the company's website at www.greenvolt.com. This press release contains forward-looking statements relating to future results of the company as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the successful commercialization of its alternative fuel cell technology; its ability to acquire and develop both new and existing forms of alternative energy technology; market acceptance and demand; pricing pressures and other competitive factors; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: Promark Inc., Philadelphia, PA Ken Lowman (215) 923-8600 or Greenvolt Power Corp., Orillia, Ontario Thomas Faul (705) 326-1117 Website: www.greenvolt.com Copyright (C) 2001, Canadian Corporate News. All rights reserved. NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE - A SERVICE OF ITG -0- INDUSTRY KEYWORD: CMT - Communications Technology SUBJECT CODE: PDT - NEW PRODUCTS/SERVICES * end of story *