Alkaline Fuel Cell Power Corp. announced the signing of a Letter of Understanding (LOU) with Gaskatel GmbH (“Gaskatel”), one of the world’s leading authorities on electrode research and development, to undertake third party, go-forward testing of AFCP’s hydrogen-powered alkaline fuel cell product. While management of AFCP has previously commercialized and deployed similar iterations of its signature Alkaline Power System, the Company’s advanced third generation system, for residential and small to medium-sized power markets, including modular combination units utilized for maritime power storage and generation, the Gaskatel collaboration will focus on positive enhancements to its next-generation technology, including optimization of the unit’s size, maintaining relatively silent operation and overall high efficiency. AFCP will leverage the expertise and many years of experience provided by Gaskatel’s global leadership in this area as the companies jointly undertake durability and benchmark testing of the product in order to improve on existing patented technologies and systems. By working alongside Gaskatel’s technical team, AFCP’s skilled technical staff will incorporate novel approaches to optimize performance. Through smart design and planning in collaboration with Gaskatel, AFCP expects to combine its own highly efficient and effective manufacturing protocols with those of Gaskatel. Through this collaboration, AFCP is setting the stage to achieve cost-effective, high-volume production of its innovative alkaline fuel cell system.