HOUSTON, May 1, 2012 (GLOBE NEWSWIRE) -- iVoice, Inc. (OTC:IVOI.PK) announced today the availability of its new investor presentation detailing its "go forward plan" and upcoming fireside chat series with the iVoice, Inc. ("IVOI") and American Security Resources Corporation ("ARSC") management team. The investor presentation provides a roadmap to the ARSC incubation process for Hydra Fuel Cell Corporation and how both shareholder bases will benefit. The presentation focuses on the delivery of measurable results – namely becoming current on SEC periodic reporting requirements for both IVOI & ARSC and initial delivery of HydraStax® units to Liberty Towers and other backlogged PO's.
Chairman and CEO Frank Neukomm stated, "The investor presentation has taken longer to complete and make available to investors due to extensive research on our marketplace position undergone by Rhodes Holdings LLC. We are in contact with multiple institutions concerning funding for the first two phases of our 'go forward plan', while ensuring that our previous debt holders are completely satisfied. As funding negotiations are entered, we will make shareholders aware of our progress. Our upcoming 'fireside chats' will provide us a means of answering many shareholders' questions concerning our progress and future; we chose the 'fireside chat' format instead of a conference call so that we will be able to better answer investor questions that are well thought out."
Review the investor presentation at http://hydrafuelcellcorporation.com/investors/.
If you would like to submit questions to be answered as part of the upcoming 'fireside chat' series, please go to our website and submit a question via our contact page at http://hydrafuelcellcorporation.com/contact-us/. Expect the first 'fireside chat' installment by May 11th, 2012.
About iVoice, Inc.
iVoice, Inc. (traded under "IVOI", http://hydrafuelcellcorporation.com), is a publicly traded company that engages in the design, development, manufacture, and sale of hydrogen fuel cell products, primarily for stationary power, backup power, and distributed generation applications. Its subsidiary Hydra Fuel Cell Corporation delivers fuel cells and fuel cell systems under the HydraStax® brand, which are very price and feature competitive. iVoice, Inc. is part of the incubation process of Hydra from its parent, American Security Resources Corporation, traded under the symbol 'ARSC'.
About American Security Resources Corp.
American Security Resources Corp. (traded under "ARSC", http://www.americansecurityresources.com) owns and develops unique intellectual property related to hydrogen fuel cells and business activities to help speed their implementation, funding, and sales. In early 2012, ARSC took control of iVoice, Inc. in order to incubate, fund, and eventually dividend out its wholly owned subsidiary Hydra Fuel Cell Corporation, now an iVoice, Inc. subsidiary.
About Rhodes Holdings LLC
Rhodes Holdings LLC (referred to as "RHL", http://rhodesholdings.wordpress.com) provides management consulting services that allow its clients to seek financing through the public markets, either through mezzanine debt, equity, or bank debt. RHL management consulting is provided within the framework of its copyrighted RHL Methodology.
Safe Harbor Statement
The statements in this release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.