| 02/27/08 - AquaCell Technologies, Inc. announced it has sold and installed its first solar powered air conditioners at a Reliance Industries facility in Mumbai, India. India is one of the ideal markets for AquaCell's solar air conditioner, given the high heat and humidity, coupled with an unreliable power grid and an average of 300 sunny days per year. According to the United Nations, approximately 45 percent of people in India are hooked up to an unreliable power grid, and endure daily power failures. Solar power offers a clean and reliable solution to the power grid issue and the expensive "dirty" fossil fuel alternatives being used. AquaCell is thrilled to be providing its innovative technology to an area with such need. The Indian government is supplying incentives to its largest companies to develop alternative energy, particularly solar. AquaCell has begun discussions with major companies in India, including Reliance Industries, Moser Baer, Tata BP Solar-India and Solar Semi-Conductor, who are leading the solar initiative in India. AquaCell's solar powered air conditioner provides grid-free climate control with just two solar panels. AquaCell combines the most efficient photovoltaic technology with innovative DC air conditioning engineering to provide reliable air conditioning that does not contribute to greenhouse gas emissions and global warming. The units AquaCell installed in India are the greencore model 10200, which provide 10200 BTUs and are suitable for cooling approximately 600 square feet. This model is ideal for the specific applications being addressed in India, including remote modular medical facilities, construction trailers, remote offices, railroad switching yard control stations and remote telecommunication data centers for cell phone towers. |