Harqua Gila, LLC Recognizes CRC's Alternative Energy Technology as Solution to Inherent Solar Power Plant Spikes
PHOENIX, Jan. 31, 2012 /PRNewswire/ -- CRC (Pink Sheets: CYSA) receives a Letter of Interest from Harqua Gila, LLC for deployment of its Alternative Energy Technologies. Harqua Gila, LLC is currently developing a multi-phase alternative energy project in La Paz County, Arizona that encompasses two primary components – solar and hydro production/capture – and is designed to roll out in expanding phases (including a scope up to 38 megs of solar power production), to ensure stable growth now and the harnessing of superior evolving technologies in the future. The company has secured a Special Use Permit through the county, and project development continues to be underway.
Laura Edwards, General Counsel for Harqua Gila, LLC stated, "We strongly believe that our project – both currently and in the future – will be significantly enhanced by incorporating several aspects of CRC energy production capabilities. Particularly with respect to solar energy production, we are seeking modalities to stabilize the inherent 'spikes.' We are also exploring ways to create secondary commercial benefits from the NuPower™ fuel and technology, thus reinforcing our alternative, renewable energy platform."
Ms. Edwards added, "We stand ready to offer our support to ensure that development CRC technology will be implemented to promote the aforementioned objectives, and eagerly await the implementation of the same."
Dr. Kiril Pandelisev, Chief Executive Officer of CRC, added, "We are very excited about the prospects Harqua Gila LLC is presenting to us. I expect that our small footprint, very low capital cost and lowest price than any alternative energy electric power production, provides a solid basis for working together with solar, hydro, and wind turbine power generation facilities. We are pleased to be part of the Harqua Gila efforts to contribute to the enforcement of Waxman-Markey Energy and Climate Bill for 20% Renewable Energy by 2020. After all, Arizona does not need to import lime stone and/or lime from OPEC and any other oil producing countries. In fact, the 15% of the North American continent sits on excellent quality lime stone. More abundant than coal, oil, natural gas and shale combined, and much, much cheaper energy source."
About CRC Crystal Research Corporation:
CRC Crystal Research Corporation's (www.crccrystal.com) and its subsidiaries (www.nupowertechnology.com ) focus on inorganic, green and renewable green energy technologies for production of nuCarbide™, nuPowerGas™, and nuPower™, and on technologies that provides for manufacturing or "growing" of various types of crystals utilized in a large number of military, medical and industrial applications. CRC's management believes they have the ability to grow crystals of any desired width, length and thickness needed to meet customers' exact specifications; thus significantly reducing scrap and, in turn, increasing profit. Additionally, the space requirement for SCT plate growth is estimated to be approximately 200 times less than that for the standard Bridgman-Stockbarger method. CRC's technology is known to many leading industry crystal users such as Lockheed Martin, GE Medical, Phillips, Halliburton, Intel, Canon, Nikon, Sematech International, ASML, Zeiss and others. Our data show many advantages of the SCT process over the outdated conventional methods.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. The Company encourages the public to read the above information in conjunction with its with the Securities and Exchange Commission, at www.sec.gov.
For more information, please contact:
CRC Crystal Research Corporation
Email: [email protected]
Web: www.crccrystal.com
SOURCE CRC Crystal Research Corporation
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