JimBowie1958
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Industrial Heat Has Acquired Andrea Rossi's E-Cat Technology -- RESEARCH TRIANGLE, N.C., Jan. 24, 2014 /PRNewswire-USNewswire/ --
They would not admit to buying Rossi's E-cat if they weren't sure it would work, to allow the option of quietly eating a loss of investor funds. This being a PR announcement means Rossi's E-Cat has passed the third round of independent testing that has gone on for several months now.
Cant wait to buy one meself.
Industrial Heat Has Acquired Andrea Rossi's E-Cat Technology
RESEARCH TRIANGLE, N.C., Jan. 24, 2014 /PRNewswire-USNewswire/ -- Industrial Heat, LLC announced today that it has acquired the rights to Andrea Rossi's Italian low energy nuclear reaction (LENR) technology, the Energy Catalyzer (E-Cat). A primary goal of the company is to make the technology widely available, because of its potential impact on air pollution and carbon dioxide emissions from burning fossil fuels and biomass.
"The world needs a new, clean and efficient energy source. Such a technology would raise the standard of living in developing countries and reduce the environmental impact of producing energy," said JT Vaughn speaking on behalf of Industrial Heat (IH).
Mr. Vaughn confirmed IH acquired the intellectual property and licensing rights to Rossi's LENR device after an independent committee of European scientists conducted two multi-day tests at Rossi's facilities in Italy.
The published report by the European committee concluded, "Even by the most conservative assumptions as to the errors in the measurements, the result is still one order of magnitude greater than conventional energy sources" [referring to energy output per unit of mass]. The report is available online at [1305.3913] Indication of anomalous heat energy production in a reactor device. In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.
They would not admit to buying Rossi's E-cat if they weren't sure it would work, to allow the option of quietly eating a loss of investor funds. This being a PR announcement means Rossi's E-Cat has passed the third round of independent testing that has gone on for several months now.
Cant wait to buy one meself.