SwellFuel update March 2008

noemail@swellfuel.com — Thu, 28 Feb 2008 17:00:00 GMT

Hi, here's an update on our progress at SwellFuel.

Our 100 watt buoys, which we manufacture ourselves, are available for testing and research projects. Please understand that these are not to be used commercially or be resold, and there is no warranty, explicit or implied. Our large 5000 watt buoys will be available later in 2008, and will be manufactured by an outside company. Orders for prototypes are being filled and shipped this year to Norway, UK, El Salvador, India, and Fiji, as well as New Orleans here in the U.S. Specifically in El Salvador, we are working with a power company who is performing ocean testing.

We have three established customers, and have found several unique uses for the product. They are:
    providing electricity for fish cages
    helping water move through oyster reefs
    coral reef restoration
    ultrasonic algae control
We are also contemplating a version for providing electricity to sailboats.

What is our direction? It would be great to think that we could solve all of the world's power needs today. Realistically, however, no one in the industry has been able to move that quickly, as it takes years of developing, testing, and marketing to produce the final product. It makes more sense to start small, in remote locations, perhaps for a hotel or pier needing electricity.

I realize that marketing is a critical component, and I apologize for not having provided more frequent updates. Please check the website often, as we are always adding new information, pictures, and videos. As always, please feel free to contact me with any questions or comments.

Chris

P.S. Click on the link below to see a picture of the newest prototype.

28-Feb-08 11:00 AM

Swell Fuel

SwellFuel update March 2008