Defkalion Green Technologies, who has world rights (minus Americas and military) to sell, distribute, and license Andrea Rossi's E-Cat (Energy Catalyzer), recently sent out invitations to certain individuals to attend a press conference about the technology on June 23 in Greece.
Several places are covering the announcement of the press conference.
By combining Hydrogen and Nickel to create an exothermic reaction (at room temperatures in a device and that can be safely placed in households or industry) emits heat on a 24-hour basis. This energy is produced at a fraction of the cost in comparison to currently available energy sources. It is totally clean and green. Furthermore, using conventional, readily available third-party technologies, the heat can be used to produce electricity.
Defkalion Green Technologies has secured exclusive distribution rights for the entire world, except for the USA and military applications. Initially, it will start production and first distribution of products from the ITS factory in Xanthi for the Greek and Balkan markets . Two more factories are scheduled within 2012. Demand is already strong for international sales, which effectively will spur exports.
Greece possesses 83% of Europe's nickel deposits, a key strategic consideration. Furthermore, at this time of the global financial crisis, Greece is faced with a golden opportunity to become energy self-sufficient, gain employment in one of the most underdeveloped regions of the ITS, as well as become a technological leader in this new scientific field.
The press conference will comprise of undisclosed up-to-date information related to the technology's commercial and industrial applications, the company's strategic placements, as well as commercial issues that are of interest not only to Defkalion's future customers, but also to the political society of our country. It goes without saying that such an important development also possesses a strong international dimension in many Aspects.
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