HPEV Continues Development of Initial Hybrid Conversion
Final Component Commissioned
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 12/15/11 -- HPEV, Inc. (PINKSHEETS: BIBB) commissioned the final component in its hybrid commercialization platform: a controller and software from AC Propulsion, a manufacturer of battery and propulsion systems for electric vehicles.
Once all the components are in place, HPEV's veteran team of engineers will begin the assembly and integration. Their shared goal: convert a one ton Ford 350 into a plug-in hybrid electric vehicle that delivers -- under full load, full passenger and a full duty cycle -- 30 mpg by relying on HPEV patent-pending technology they call "electric load assist."
"The Ford motor is almost a global industry standard," said Tim Hassett, lead engineer. "Whether F150, F250, F450 or even F550, the platform is still the same. In fact, it wouldn't even have to be a Ford. HPEV technology is vehicle agnostic and scalable up and down. That's why we'll also be converting a military Humvee."
The initial conversion will feature a number of other innovations including HPEV heat pipe technology incorporated in the brakes, rotors and calipers. The anticipated benefits include cooler operating temperatures, longer component life and a reduction in heat-related failures.
About HPEV, Inc.:
HPEV is a wholly-owned subsidiary of Z3 Enterprises, a Nevada corporation. HPEV technologies enable the conversion of existing vehicles into plug-in hybrid electric vehicles. HPEV's composite heat pipes quickly transfer thermal energy in any direction, even against the pull of gravity. For more information, visit . Stock listing at (PINKSHEETS: BIBB).
Safe Harbor Statement. This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company's plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company's business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Inquiries Contact:
Capital Group Communications, Inc.
Mark Bernhard
Mark Gundy
415-332-7200
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Datum: 15.12.2011 - 14:13 Uhr
Sprache: Deutsch
News-ID 97496
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