Tuesday, August 31, 2010

Kalahari Greentech Announces a Special Dividend of Shares to Investors for Shareholders of Record on September 30, 2010

BALTIMORE, Aug. 31, 2010 (GLOBE NEWSWIRE) -- Kalahari Greentech, Inc. (Pink Sheets:KHGT - News) announced today that at its regular meeting held on August 24, 2010, the Kalahari Greentech Board of Directors voted to issue a special dividend of one share per each share payable to holders of record of Common Shares as of the close of business on September 30, 2010.



Said Kalahari President Gunther Than, "Having launched two major technologies to transform the company into a major player in the 'green technology' arena, this special dividend keeps a significant portion of ownership in shareholders hands while maintaining adequate capitalization and proper financial leverage."



More information can be found on the company's website, www.kalaharigt.com.



About Kalahari Greentech, Inc.: Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company's main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.



Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

mBeach Software Inc. Extends Global Patent Protection

TEL AVIV, Israel, Aug. 31, 2010 (GLOBE NEWSWIRE) -- mBeach Software Inc. ("MBHS") (OTCBB:MBHS - News) today announced the filing of additional patent applications under the framework of the Patent Cooperation Treaty (PCT). This move will facilitate the company's strategy to enter new international markets for its advanced, non-invasive system to detect and identify skin cancer.



Skin Cancer Scanning Ltd. ("SCS"), the wholly owned subsidiary, has already submitted a patent application in the United States (application number 11/464,838) with a priority date of August 2006. The patent office is currently examining this application and the company expects the patent to be approved and published by the end of 2010.



In addition to the United States, SCS has extended its patent applications in many important markets around the world. These countries include Canada, Japan, Australia, China, South Korea, New Zealand, Israel, South Africa, Brazil, Mexico, Russia and the Commonwealth of Independent States (CIS), Ukraine, and the European Union. These patent applications have now reached the national phase of registration.



These Patent applications are now at the stage of being translated into the relevant national languages of the various countries mentioned.



This is the stage before entering final review by each country's patent examination committees.



"Our intellectual property is one of the company's most valuable assets," said mBeach CEO Yossi Biderman. "We are taking all necessary measures to protect this asset, including patent applications and other appropriate actions. International growth is an important part of our strategy for growth. We want to make sure we have the right patent protection in all our major potential markets as soon as possible."



About SCS



Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.



Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor's office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. This will reduce the number of biopsies, lower treatment costs, and improve quality of life.



For more information on SCS, visit www.scs-med.com.



Forward Looking Statements



This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS' products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

Monday, August 30, 2010

AOP Worldwide, a Subsidiary of Talisman Holdings Inc., Announces Memorandum of Understanding With Asian Distributor

SPRINGFIELD, OH--(Marketwire - 08/30/10) - Talisman Holdings, Inc. (Pinksheets:TMHO - News) management wishes to announce today that it has entered into a Memorandum of Understanding with JKS Consulting Co. Ltd. of Bangkok, Thailand to distribute its organic fertilizer in the South Asian Region which includes, Thailand, Indonesian, Malaysia, Cambodia, Laos, and Vietnam, allowing it to put its plans for aggressive growth into action by accelerating the activity in Advanced Organic Products Worldwide (AOP), its wholly owned subsidiary, a company which is poised to become a world leader in the robust fertilizer business.

The agreement comes with substantial yearly qualities that in year one starts with a minimum of 1,000,000 gallons culminating with a minimum of 6,000,000 gallons of product in year five that will result in significant yearly revenues for Talisman over the 5 year term of the agreement.

"Because of its superiority in the field, people in the know want to sell this product. Affiliating with people who already have a customer base will lead to an immediate and substantial increase in sales. We look for to this association providing us with explosive growth in the South Asian region," the Company reported.

The foundation product of AOP is an organic fresh fish fertilizer, which is a superior ingredient-rich soil builder and foliar feeding commodity. This extraordinary product has received unprecedented acceptance from all sectors of the industry. It is one of the most unique products ever to hit the market for the increased production of crops worldwide -- a 100% certified organic fertilizer that when used on any type of crop produces superior growth.

The Company philosophy of producing high quality natural products of value to the consumer and the environment is reflected in this revolutionary organic fertilizer. The processing systems are energy efficient and minimize environmental stress. And, the product is made from sustainable and renewable raw materials.

David Long, Talisman President, said, "What Talisman brings to its affiliate companies is proven public experience, excellent financing, deep industry knowledge and shrewd strategic direction. Talisman is thrilled to be entering the organic fertilizer field with the AOP product. AOP is rapidly becoming a major player in this thriving industry. We look forward to landmark success with this partner company."

STAY TUNED FOR MORE INFORMATION ON A PRODUCT DESTINED TO CHANGE THE FACE OF AN INDUSTRY.

About Talisman Holdings:

Talisman Holdings, Inc. (Pinksheets:TMHO - News) is a highly innovative holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Talisman Holdings finds undervalued small and microcap businesses with breakthrough products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an ownership or equity stake in standout emerging growth companies creates assets and drives shareholder value for Talisman Holdings, and the diversified holding company organizational structure and range of industries, provides diversity of risk. For more information please visit Talisman's website at www.talismanholdings.com.

About Advanced Organic Products Worldwide:

Advanced Organic Products Worldwide (AOP Worldwide), a wholly owned subsidiary of Talisman Holdings, is dedicated to enhancing the value of the Company by becoming a world leader in the safe nourishment of crops, people and the environment. Presently, it is focused on marketing a revolutionary organic fertilizer which is of value to users and the environment. The Company is deeply concerned with global well being. Its future will be linked with earth friendly projects. The spirit of the Company is to be involved with the kind of undertakings that make a difference in everyday life . . . where creative scientific knowledge is transferred to practical, real world results and benefits. Interested parties are encouraged to visit the corporate website at www.aopww.com.

FORWARD-LOOKING DISCLAIMER

This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.

mBeach Software Inc. Updates on Progress to Penetrate Emerging Russian and CIS Markets

TEL AVIV, Israel, Aug. 30, 2010 (GLOBE NEWSWIRE) -- mBeach Software Inc. ("MBHS") (OTCBB:MBHS - News), in accordance with company policy which recognizes the importance of regular communication and timely information delivered to investors, is committed to share with our stockholders regular updates on progress. We have received recent progress reports from our Russian counterpart as to the regulatory activities being undertaken by him since the signing of the MOU.



These regulatory procedures, which take some time to consummate, are basic necessary factors that need to be executed in order to conduct clinical trials and to proceed marketing the company's advanced cancer diagnostic solution in Russia. This follows the mBeach recent announcement on the signing of an MOU for Russia and the Commonwealth of Independent States (CIS).



Completing these regulatory procedures will pave the way for local clinical trials and a full commercial launch of SkinScan 650, SCS's non-invasive, point-of-care system to detect and identify different types of skin cancers. SCS expects to receive the initial import approval by the end of October 2010.



mBeach CEO Yossi Biderman commented, "We are impressed by our Russian business associate in his execution of the MOU terms and are excited at the prospects of entering this very large and attractive region, one of the fastest-growing healthcare markets in the world. Typically in Russia today, cancer is diagnosed at relatively advanced stages when treatment options are less effective and more costly. Our market research identifies a clear demand for advanced medical technologies such as ours for the early detection of skin cancer." Mr. Biderman further stated, "We will be working closely with our local distributor and look forward to updating our shareholders on our progress in this important market."



About SCS



Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.



Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor's office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. This will reduce the number of biopsies, lower treatment costs, and improve quality of life.



For more information on SCS, visit www.scs-med.com.



Forward Looking Statements



This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS' products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

Saturday, August 28, 2010

AMFIL Technologies Reports Food-Borne Illnesses Costing U.S. Economy an Estimated $152 Billion

SAN LUIS OBISPO, CA--(Marketwire - 08/27/10) - AMFIL Technologies, Inc. (Pinksheets:AMFE - News), integrator of ozone-based cleaning and antimicrobial systems for the food and beverage industry, is pleased to report inquiries for their non-chemical based mPact ozone systems continue to increase worldwide. This increase is a result of the rise in salmonella outbreaks and other food-borne illnesses.

In a March 3, 2010 article in Bloomberg Business Week, it was reported food-borne illnesses are costing the U.S. economy an estimated $152 billion in health related expenses. $34.2 billion are related to salmonella, listeria and campylobacter. Recently, as reported nationwide on the news, over 500 million eggs were recalled due to a potential salmonella outbreak. This is the largest egg recall in United States history.

AMFIL is confident that its technology can be a substantial solution provider worldwide to help prevent food-borne illnesses. AMFIL's technology is non-chemical based and provides effective, quick anti-microbial cleaning, preventing companies from temporarily shutting down operations. This process can save companies millions of dollars and prevent against possible bankruptcy.

Ambrose Fillis, President and CEO of AMFIL Technologies, states, "Government regulations around the world are continuing to tighten in the food and beverage industry. Congress has already called for a major investigation regarding the nation's largest 500 million egg recall," Mr. Fillis further stated, "We anticipate regulatory bodies around the world will continue to mandate strict non-chemical based ozone cleaning requirements within the food and beverage industry. We are already experiencing increased inquiries and anticipate continued record sales in 2011."

For more information, please contact Investor Relations at (973) 351-3868 (973) 351-3868 or visit the company website directly: www.amfiltech.com.

About AMFIL Technologies, Inc.:
AMFIL is the manufacturer of cold water ozone-powered cleaning and antimicrobial systems for food/food processing equipment, zoological life support facilities/fish farming, and gaseous ozone fumigation systems for produce cold storage and transport. AMFIL's products include the mobile mPact-5 and mPact- 10 systems, the mPact-25, mPact-45S, mPact-250S, and mPact-500S centralized systems, mPact-CSF cold storage fumigation system, and mPact-RCF refrigerated container fumigation system. In addition, AMFIL manufactures the mPact-CAS, a system designed specifically for cased meat log cleaning & antimicrobial treatment.

Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Thursday, August 26, 2010

Talisman Holdings, Inc. (PINKSHEETS: TMHO): Advanced Organic Products Worldwide Ushers in a New Era in Organic Fertilizers

SPRINGFIELD, OH--(Marketwire - 08/26/10) - Once it was generally accepted that chemical fertilizers were better than organic. The organic fish fertilizer produced by AOP Worldwide, a subsidiary of Talisman Holdings (Pinksheets:TMHO - News), has changed that thinking.

The world market for chemical fertilizers faces a number of challenges. Prices for these fertilizers had a price raise of close to 200% in 2007, and are expected to continue to rise. These price hikes go to the heart of increased food costs, and, consequently, experts have cried for research to improve the cost and efficiency of existing fertilizers.

AOP has answered that call and has perfected a unique, proprietary enzymatic low temperature process that produces a liquid hyperactive bio-stimulant that is far superior to and totally different from existing fish emulsion type fertilizers. Nutrient rich fish has been used as a fertilizer for centuries. People have used fish for its natural and organic properties. AOP has now taken this safe, renewable resource to a new level.

This revolutionary product is not only superior to existing choices, but is also the environmentally wise and healthy choice. Among its many benefits and advantages are:



1. Better for the soil: provides organic matter essential for microorganisms. It is one of the building blocks for fertile soil rich in humus.2. Nutrient release: slow and consistent at a natural rate that plants are able to use. No danger of over concentration of any element, since microbes must break down the material.3. Trace minerals: typically present in a broad range, providing more balanced nutrition to the plant.4. Won't burn: safe for all plants with no danger of burning due to salt concentration.5. Long lasting: doesn't leach out since the organic matter binds to the soil particles where the roots have access to it.6. Fewer applications required: once a healthy soil condition is reached, it is easier to maintain that level with less work.7. Controlled growth: does not over-stimulate to exceptional growth which can cause problems and require more work.8. Stronger plants and grass: greater resistance to disease and insect attacks.9. Beneficial to environment. Won't build up harmful residues or cause pollution due to run-off from irrigation or rain.10. Encourages soil life. Microbes convert the organic matter to the form of nutrients that plants need. Earthworms feeding on organic materials aerate and loosen the soil.11. Specific formulas: adapt to any application by changing the ingredient blend. Pre-blended formulas or individual items allow flexibility for plant preferences or needs.

Dr. Warren Frayer, a Company Director, said: "Our mission is to provide earth friendly solutions, not add to existing and future problems. We want to be identified as stewards of the environment who reserve and preserve our many habitat blessings."

About Talisman Holdings:

Talisman Holdings, Inc. (Pinksheets:TMHO - News) is a highly innovative holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Talisman Holdings finds undervalued small and microcap businesses with breakthrough products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an ownership or equity stake in standout emerging growth companies creates assets and drives shareholder value for Talisman Holdings, and the diversified holding company organizational structure and range of industries provides diversity of risk. For more information please visit Talisman's website at www.talismanholdings.com.

About Advanced Organic Products Worldwide:

Advanced Organic Products Worldwide (AOP Worldwide), a wholly owned subsidiary of Talisman Holdings, is dedicated to enhancing the value of the Company by becoming a world leader in the safe nourishment of crops, people and the environment. Presently, it is focused on marketing a revolutionary organic fertilizer which is of value to users and the environment. The Company is deeply concerned with global well being. Its future will be linked with earth friendly projects. The spirit of the Company is to be involved with the kind of undertakings that make a difference in everyday life... where creative scientific knowledge is transferred to practical, real world results and benefits. Interested parties are encouraged to visit the corporate website at www.aopww.com.

FORWARD-LOOKING DISCLAIMER

This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.

Kalahari Greentech Appoints Director of Product Development and Distribution

BALTIMORE, Aug. 26, 2010 (GLOBE NEWSWIRE) -- Kalahari Greentech, Inc. (Pink Sheets:KHGT - News) announced today that Matthew Tyson has accepted the position of Director of Product Development and Distribution.



Kalahari is building a production team around the leadership of Mr. Tyson. Mr. Tyson is actively engaging various engineers, universities, and corporations to efficiently create a power generation system based on Kalahari's Solar Collector. His engineering and electronics background allows Kalahari to incorporate modern power generation and control systems in its projects. Focused on creating a portable solar power generator, Mr. Tyson will use his previous manufacturing experience in the sensor and security fields to make the Solar Tri-Brid safe, efficient, and economical.



Mr. Tyson is a graduate of the University of North Florida with a Bachelor of Science in Electrical Engineering. He served as an Electronics Designer for Tetracam, Inc. based in Gainesville, Florida. While there, he designed a series of electronic products such as a digital camera system, a packet radio system, a standalone digital video capture system and electro-optical sensor devices, to name a few.



Prior to his position at Tetracam, Mr. Tyson worked as a Design / Production Engineer for View Systems, Inc., where he successfully deployed new magnetometer designs for security applications. He has also spent time with the University of North Florida Physics department designing electronics and hardware for the Rapid Response Sensor Networking for Multiple Applications (RRSNMA) project.



Mr. Tyson brings a wealth of experience and plans to lead the effort in using the research done by Kalahari to create new products. With his background in product development, Kalahari will be able to rapidly produce power generation devices based on years of research done throughout the U.S. His major thrust after development will be to distribute to government related agencies nationally such as FEMA and Army Corps. Of Engineers.



More information can be found on the company's website, www.kalaharigt.com.



About Kalahari Greentech, Inc.: Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company's main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.



Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

Wednesday, August 25, 2010

NEAH and India's EKO Vehicles to Explore Merger and Acquisition Opportunities to Facilitate Global Growth

BOTHELL, WA--(Marketwire - 08/24/10) - NEAH Power Systems, Inc. (OTC.BB:NPWZ - News) www.neahpower.com, the company leading development in fuel cells for the military and portable electronic devices, announced today it has signed a letter of intent to explore acquisition or merger plans with EKO Vehicles of Bangalore, Private Limited, India (http://www.ekovehicle.com/), India's leading technology producer of two-wheeled electric vehicles. This combined venture is expected to provide additional opportunities for the expansion of product lines and global growth. Both companies are undertaking due diligence efforts in order to determine the viability and the structure of the combination.

NEAH had previously announced a customer relationship with EKO to build fuel cells for EKO's electric scooter product line. The third generation of EKO product is currently being sold in Asia and will shortly be available in the United States and Europe. "We intend to take the synergistic relationship between Neah and EKO to new levels. In addition to the fuel cells for electric two wheelers, we see high demand for Neah's fuel cells for a variety of military and industrial applications in India and Asia, and this relationship could enable us to meet this demand. Our micro fuel cells may eventually replace batteries for most uses," said Dr. Chris D'Couto, President and CEO of Neah Power.

"We welcome NEAH's technology and we share the common goal of reducing the levels of air and noise pollution, provide cost effective power solutions for two wheeler and four wheeler applications, and enable global growth for our products," said Mr. Anil Ananthakrishna, Chairman and Chief Executive Officer of EKOVEHICLES Pvt. Ltd.

About NEAH Power

NEAH Power Systems, Inc. (OTC.BB:NPWZ - News) is developing long-lasting, efficient and safe power solutions for the military and for portable electronic devices. NEAH uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The company's micro fuel cell system can run in aerobic and anaerobic modes. Neah believes that the technology can also be used for energy storage and generation.

Further company information can be found at www.neahpower.com.

About EKO Vehicles

The EKO Vehicles Pvt. Ltd. mission is to reduce atmospheric pollution through the distribution of its low-pollution, electric vehicles. Founder Anil Ananthakrishna has more than 30 years of experience in non-polluting powered vehicle design, testing and manufacturing, industrial consulting and business management. The company is developing "Rapid Battery Charging Stations" at several locations in the cities of Bangalore and Mysore in order to enable customers to charge Eko electric vehicles in under 15 minutes. EKO is planning to introduce electric three-seater, three-wheeler and four-seater, omni-type four-wheelers with the same capabilities.

Forward-Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See Neah Power System's Form 10-KSB for the fiscal year ended September 30, 2009 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future

Tuesday, August 24, 2010

Mammoth Energy Group Comments on Launch of Lithium ETF

NEW YORK, NY--(Marketwire - 08/23/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that the new Lithium ETF, sponsored by Global X, already a fast-growing exchange traded fund (ETF) provider, has made its biggest impression on the market yet by offering a lithium ETF. It's the first product that gives investors a way to get exposure to this rare but increasingly popular metal.

The fund itself is about evenly split between lithium producers and battery producers, with the heaviest weights given to the lithium industry's largest producers, who make up 44% of the fund's assets. The United States is the largest country weighting at 49%. Chile, the world's largest producer of lithium, is 20% of the fund. Japan, Canada, France and Australia all have smaller weightings.

"We expect Global X and the ETF Lithium fund to take serious notice as the development of the Salar de Maricunga moves forward," said William Lieberman, President of Mammoth Energy Group.

Mammoth Energy Group has signed a Letter of Intent to acquire 49% of Salt Gold Inter Chile Limitada and a Memorandum of Understanding to acquire the remaining shares. Salt Gold Inter Chile Limitada lithium concessions are located in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina. Initial test wells have confirmed average brine concentrations with grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm lithium and 9000-10000 ppm for potassium.

About Mammoth Energy Group Inc. (Pinksheets:MMTE - News) www.mammothenergygroup.com

Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

mBeach Software Inc. Defining Marketing Strategy for Non-Intrusive Technologies for the Detection of Skin Cancer

TEL AVIV, Israel, Aug. 23, 2010 (GLOBE NEWSWIRE) -- mBeach Software Inc. ("MBHS") (OTCBB:MBHS - News) today issued a stockholder update on its Evolving Marketing Strategy for skin cancer diagnostic solutions. The adopted strategy represents an entrepreneurial concept approach to locating and initiating opportunities for the wholly owned subsidiary, Skin Cancer Scanning Ltd. ("SCS") to grow the company and become a leading industry player.



The initially targeted countries are the USA, Russia and the CIS, Australia, Germany, Japan, and Israel.



The Basic Strategy concept is a four pillar structure: Preliminary logistics for initiation and maintenance of service for large volume of demand for the device; Advanced survey to define all relevant aspects (Production, Distribution, Tech Support); Survey of the specific targeted regions; Locate and engage a distributor, meeting with the requirements, in the defined country/state/ region.



The marketing strategy in every country will be basically similar and will be executed in similar initial stages. The differences will be the result of health reimbursement programs, Medicare concept, and conduct of distribution and use of medical devices.



mBeach is clearly focused on meeting this growing market need for a safe, non-intrusive technology to detect skin cancer.



mBeach CEO Yossi Biderman commented, "The marketing strategy we have defined at this early stage is due to the lengthy regulatory procedures in each country. We expect that the mutual impact of market demand and technical innovative approach on the final product will result in what we think will be a most advanced, adaptable, and technically supported, medical device for the early detection of skin cancer. We expect our SkinScan 650, a non-invasive, point-of-care, doctors' decision supporting device, to provide the Medical practitioner a much needed user friendly diagnostic solution."



About SCS



Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.



Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor's office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. It will help reduce the number of biopsies, lower treatment costs, and improve quality of life.



For more information on SCS, visit www.scs-med.com.



Forward Looking Statements



This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS' products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

Sunday, August 22, 2010

mBeach Software Inc. Targeting Markets for Non-Intrusive Technologies for the Detection of Skin Cancer

TEL AVIV, Israel, Aug. 20, 2010 (GLOBE NEWSWIRE) -- mBeach Software Inc. ("MBHS") (OTCBB:MBHS - News) today issued a stockholder update on the growing market for skin cancer diagnostic solutions. These market developments represent significant opportunities for the wholly owned subsidiary, Skin Cancer Scanning Ltd. ("SCS") to grow the company and become a leading industry player.

We have identified the Japanese, Hi-Tech orientated market, as a potential pivotal market, with increasing awareness to skin cancer related issues in the past decade.

Total population of Japan exceeds 125 million people, and there is increasing demand for advanced medical technologies.

The number of patients with malignant skin tumors has increased year by year.

The annual increase of deaths from Non Melanoma Skin Cancer (NMSC) is 3.8%. (Hisashi Ohtsukaa, Shogo Nagamatsub).

Early detection is critical to survival, and can lead to almost a one hundred percent cure rate. However, the effectiveness of current cancer detection procedures is heavily dependent on the experience of the examiner, and errors in diagnosis can be fatal. Occasionally, cancers remained undetected, grow further and lead to lower chances of survival. An additional disadvantage with current diagnostic methods is that they rely on a biopsy, the intrusive removal of tissue sample, to confirm the presence of cancerous tissue.

Biopsies can be painful, leave scarring, and often cause unnecessary patient anxiety.

SCS is clearly focused on meeting this growing market need for a safe, non-intrusive technology to detect skin cancer.

mBeach CEO Yossi Biderman commented," The Japanese market and other intended market surveys are being initiated at these early stages due to the lengthy regulatory procedures in each country, before receiving marketing approval. We expect initial approvals to coincide with industrial device following clinical trials, during 2011".


About SCS


Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.

Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor's office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. It will help reduce the number of biopsies, lower treatment costs, and improve quality of life.

For more information on SCS, visit www.scs-med.com.

Forward Looking Statements

This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS' products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

Thursday, August 19, 2010

Assured Pharmacy Reports Same Store Sales for the Month of July 2010

FRISCO, Texas, Aug 19, 2010 /PRNewswire via COMTEX/ -- Assured Pharmacy (Pink Sheets: APHY), a leading specialty pharmacy providing prescription medications to more than 3,000 sufferers of chronic pain announced that total sales on a same store basis for the month of July 2010 were $1,422,163 which equates to $67,722 per business day . This represents an increase of 1.4 percent compared with total sales of $1,402,374 for June 2010 and an increase of 6.2 percent compared with total sales per business day of $63,744 for June 2010. It also represents an increase of 20.8 percent when compared with total sales of $1,177,551 for the same period one year ago.

"We are very pleased with our sales results in July which marks our fifth consecutive month of revenue per business day growth. The results reflect continued progress in the implementation of our strategies, especially when taking into consideration that the summer months have been historically lower revenue months due to seasonality," said Robert DelVecchio, Chief Executive Officer of Assured Pharmacy. "As these sales figures reflect, we remain on track in our drive for sales and market share growth, improved earnings at the store level and strong cash flow. I believe the transparency of our monthly sales trend is vital to keeping its shareholders informed and have initiated an action plan to inform our shareholders of these sales trends on the third Thursday of each month."

Click Here for Corresponding Video News Release.

About Assured Pharmacy, Inc.

Assured Pharmacy, Inc. is engaged in the business of operating specialty pharmacies that primarily dispense highly regulated pain medication. The Company derives its revenue primarily from the sale of prescription drugs and does not keep in inventory non-prescription drugs or health and beauty related products inventoried at traditional pharmacies. The Company offers physicians the ability to electronically transmit prescriptions to its pharmacies. The majority of the Company's business is derived from repeat business from its customers. "Walk-in" prescriptions from physicians are limited. The Company currently has four operating pharmacies. Three of those pharmacies are wholly owned and the Company has a 94.8% ownership interest in the other pharmacy.

Wednesday, August 18, 2010

mBeach Software Inc. Targets New International Markets: Extends Global Patent Protection

TEL AVIV, Israel, Aug. 18, 2010 (GLOBE NEWSWIRE) -- mBeach Software Inc. ("MBHS") (OTCBB:MBHS - News) today announced the filing of additional patent applications under the framework of the Patent Cooperation Treaty (PCT). This move will facilitate the company's strategy to enter new international markets for its advanced, non-invasive system to detect and identify skin cancer.


Skin Cancer Scanning Ltd. ("SCS"), the wholly owned subsidiary, has already submitted a patent application in the United States (application number 11/464,838) with a priority date of August 2006. The patent office is currently examining this application and the company expects the patent to be approved and published by the end of 2010.


In addition to the United States, SCS has filed patent applications in many important markets around the world. These countries include Canada, Japan, Australia, China, South Korea, Singapore, New Zealand, Israel, South Africa, Brazil, Mexico, Russia and the Commonwealth of Independent States (CIS), Ukraine, and the European Union. These patent applications have now reached the national phase of registration.


"Our intellectual property is one of the company's most valuable assets," said mBeach CEO Yossi Biderman. "We are taking all necessary measures to protect this asset, including patent applications and other appropriate actions. International growth is an important part of our strategy for growth. We want to make sure we have the right patent protection in all our major potential markets as soon as possible."


About SCS


Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.


Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor's office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. This will reduce the number of biopsies, lower treatment costs, and improve quality of life.


For more information on SCS, visit www.scs-med.com.


Forward Looking Statements


This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS' products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

Tuesday, August 17, 2010

AMFE in Discussions With Government of Nantong, China to Build Manufacturing Plant and Distribute mPact Ozone Systems in Asia-Pacific Market

SAN LUIS OBISPO, CA--(Marketwire - 08/16/10) - AMFIL Technologies, Inc. (Pinksheets:AMFE - News), integrator of ozone-based cleaning and antimicrobial systems for the food and beverage industry, is pleased to announce they are now in discussions with the government of Nantong, China to build a manufacturing plant and distribute their non-chemical based mPact ozone systems to the Asia-Pacific market.

Entrance into the Asia-Pacific market through the Nantong government creates an enormous growth opportunity for sales, marketing and distribution. As noted on CNN and many other nationally syndicated news channels, food and drug safety requirements have increased throughout China and the Asia-Pacific market. This tightening of food and safety requirements has helped spark continued interest in AMFIL's ozone based, non-chemical cleaning systems.

In September of 2009, AMFIL Technologies travelled to Nantong, China and presented their company and technology. The government of Nantong was very interested and discussed with AMFIL the opportunity of starting a manufacturing operation in their province.

In January of 2010 the government of Nantong, China had a second meeting with AMFIL at their office in California. Government officials then viewed their operations. It is then that they expressed willingness to offer an invitation to come back to Nantong, China and sign a Memorandum of Understanding in ceremonious fashion. Once final contracts are signed, the government would then provide AMFIL with incentives for building their manufacturing plant.

Ambrose Fillis, President and CEO of AMFIL Technologies, states, "We are honored to be in discussions with the government of Nantong, China. After two meetings and having government officials visit our office, we are now looking forward to attending their ceremonies in China and signing the Memorandum of Understanding in September."

For more information, please contact Investor Relations at (973) 351-3868 (973) 351-3868 or visit the company website directly: www.amfiltech.com.

About AMFIL Technologies, Inc.:
AMFIL is the manufacturer of cold water ozone-powered cleaning and antimicrobial systems for food/food processing equipment, zoological life support facilities/fish farming, and gaseous ozone fumigation systems for produce cold storage and transport. AMFIL's products include the mobile mPact-5 and mPact-10 systems, the mPact-25, mPact-45S, mPact-250S, and mPact-500S centralized systems, mPact-CSF cold storage fumigation system, and mPact-RCF refrigerated container fumigation system. In addition, AMFIL manufactures the mPact-CAS, a system designed specifically for cased meat log cleaning & antimicrobial treatment.

Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties

Mammoth Energy Group Signs Memorandum of Understanding on Remaining Lithium Concessions of Salt Gold Inter Chile Limitada

NEW YORK, NY--(Marketwire - 08/17/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.

Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.

"We are pleased to begin to finally wrap up the stake in the Salar de Maricunga," said William Lieberman, President of Mammoth Energy Group.

About Mammoth Energy Group Inc. (Pinksheets:MMTE - News) www.mammothenergygroup.com

Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Monday, August 16, 2010

Advanced Organic Products Worldwide, a Subsidiary of TMHO Stakes a Claim in the World of Organic Growing; Announces Expansion of Distributor Base

SPRINGFIELD, OH--(Marketwire - 08/16/10) - Talisman Holdings, Inc. (Pinksheets:TMHO - News) announced that it has put its plans for aggressive growth into action by accelerating activity in Advanced Organic Products Worldwide (AOP), its wholly owned subsidiary, a company which is poised to become a world leader in the robust fertilizer business.

The Company announced that it is in final negotiation stages with existing distributors to enlarge sales of its fish fertilizer products. "Because of its superiority in the field, people in the know want to sell this product. Affiliating with people who already have a customer base will lead to an immediate and substantial increase in sales. We look for these associates to provide us with explosive growth," the Company reported.

This white label product is currently sold, among others, in Lowe's and Kroegers. The Company, through its distributor network, is targeting large scale agricultural operators.

The foundation product of AOP is an organic fresh fish fertilizer, which is a superior ingredient-rich soil builder and foliar feeding commodity. This extraordinary product has received unprecedented acceptance from all sectors of the industry. It is one of the most unique products ever to hit the market for the increased production of crops worldwide - a 100% certified organic fertilizer that when used on any type of crop produces superior growth.

The Company philosophy of producing high quality natural products of value to the consumer and the environment is reflected in this revolutionary organic fertilizer. The processing systems are energy efficient and minimize environmental stress. And, the product is made from sustainable and renewable raw materials.

David Long, Talisman President, said, "What Talisman brings to its affiliate companies is proven public experience, excellent financing, deep industry knowledge and shrewd strategic direction. Talisman is thrilled to be entering the organic fertilizer field with the AOP product. AOP is rapidly becoming a major player in this thriving industry. We look forward to landmark success with this partner company"

STAY TUNED FOR MORE INFORMATION ON A PRODUCT DESTINED TO CHANGE THE FACE OF AN INDUSTRY.

About Talisman Holdings:

Talisman Holdings, Inc. (Pinksheets:TMHO - News) is a highly innovative holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Talisman Holdings finds undervalued small and microcap businesses with breakthrough products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an ownership or equity stake in standout emerging growth companies creates assets and drives shareholder value for Talisman Holdings, and the diversified holding company organizational structure and range of industries provides diversity of risk. For more information please visit Talisman's website at www.talismanholdings.com.

About Advanced Organic Products Worldwide:

Advanced Organic Products Worldwide (AOP Worldwide), a wholly owned subsidiary of Talisman Holdings, is dedicated to enhancing the value of the Company by becoming a world leader in the safe nourishment of crops, people and the environment. Presently, it is focused on marketing a revolutionary organic fertilizer which is of value to users and the environment. The Company is deeply concerned with global well being. Its future will be linked with earth friendly projects. The spirit of the Company is to be involved with the kind of undertakings that make a difference in everyday life . . . where creative scientific knowledge is transferred to practical, real world results and benefits. Interested parties are encouraged to visit the corporate website at www.aopww.com.

FORWARD-LOOKING DISCLAIMER

This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.

Mammoth Energy Group Comments on Lithium Regulatory Changes in Chile

NEW YORK, NY--(Marketwire - 08/16/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it agrees that Chile must change its lithium-related regulations in order to guarantee long-term access to lithium and emerge as a global leader in the rapidly growing industry.

These comments were echoed by panelists focusing on Chiles Mining laws sponsored by the industry group Sonami (Sociedad Nacional de Mineria de Chile) last week in Santiago.

Currently, Chile's government classifies lithium as a strategic resource, allowing the state to regulate production of the metal.

"Most manufacturers, especially auto companies, are seeking long-term agreements, something that most Chilean firms, cannot provide due to the regulations," said William Lieberman, President of Mammoth Energy Group. "The auto markets of Latin America including the large markets of Brazil and Mexico, will move quickly to electric powered cars with the close proximity of Chilean resources," he added.

Lithium is a key component in rechargeable batteries that power laptop computers, digital cameras and cell phones and electric powered cars.

Mining Minister Laurence Golborne said he would like the lithium industry to grow in coming years, signaling reforms to current legislation that could open the industry to other players.

Mammoth Energy Group Inc. has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.

About Mammoth Energy Group Inc. (Pinksheets:MMTE - News) www.mammothenergygroup.com

Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Sunday, August 15, 2010

AlumiFuel Power, Inc. Advances Its Fuel Customization Capabilities, Enhancing Penetraton of Large Target Markets

CENTENNIAL, CO--(Marketwire - 08/13/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has made further breakthroughs in developing optimal fuel mixture configurations for its various target applications.

These advances greatly enhance API's ability to provide unique high energy density fuel sources for fuel cells, turbines and thermoelectric converters powering Unmanned Undersea Vehicles (UUVs) and man portable power systems, each a multi-billion dollar market. API and its portable power partner, Ingenium Technologies, Inc. of Rockford, Illinois, are presently executing a US Navy R&D contract for a novel energy source for UUVs, and are actively pursuing specific opportunities involving man portable systems for military and commercial portable power applications, replacing gasoline generators and batteries.

API's proprietary powder mixtures, which are composed of aluminum and various proprietary additives, are capable of generating hydrogen and steam at various rates, depending on the particular application. Furthermore, properties of the aluminum powder particles also affect the reaction. Given that each of API's target applications requires different output levels, fuel customization is essential for optimal performance. Using specially developed benchtop reactors to test small batches of powder configurations, API engineers are able to achieve rapid results, minimizing turnaround time. These reactors are fully instrumented and provide temperature, pressure, and volume & mass flow data -- speeding up the engineering development of complete integrated fuel module systems for UUV and man portable power products.

This internal testing is complemented by analysis conducted at Drexel University. With its industrial consortium membership in the world-class Drexel Nanotechnology Institute, API has been able to use cutting edge nanoscale analysis to assure highly efficient and accurate fuel mixture optimization. API and Drexel are conducting multiple powder experiments inside electronic microscopes that will, under the scope of the Navy R&D contract, customize fuel mixtures for the UUV power system. The resulting powder mixtures will be integrated into API's canisters for the UUV system, as well as cartridges for the man portable power generators.

API's Director of Engineering, Mr. Sean McIntosh, said: "This research has been vital for the customization of our powders for the broad spectrum of API products. In addition to ensuring that the mixtures will provide output levels that fit the customers' needs, this development leads to the maximization of energy density and affordability of API's products, giving our potential customers a significant technological and economical incentive to choose our technology over competing products."

About AlumiFuel Power, Inc.
API (www.alumifuelpowerinc.com) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for Flameless Ration Heaters. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit www.irgnews.com/coi/AFPW.

About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.

Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

Mammoth Energy Group Signs Financial Advisory Agreement With GR WHITE Capital Ltd of Canada

NEW YORK, NY--(Marketwire - 08/13/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today it has signed an advisory agreement with GR WHITE Capital Ltd. of Toronto, Ontario Canada to advise on the raising of up to $30 million for its lithium projects in Chile.

GR WHITE Capital Ltd. is led by Mr. Grant White, the former head of investment banking at Blackmont Capital in Toronto, Ontario Canada. GR WHITE Capital Ltd. is an advisory services company with a primary focus on natural resource companies worldwide including mining. At Blackmont, Mr. White was head of investment banking where his department was involved in over $1 billion of natural resource and mining transactions.

Mammoth Energy Group Inc. has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.

"We are very pleased to be moving forward with Mr. White, his team is top notch and with his extensive track record, Mammoth Energy Group is moving in the right direction," said William Lieberman, President of Mammoth Energy Group.

About Mammoth Energy Group Inc. (Pinksheets:MMTE - News) www.mammothenergygroup.com

Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Thursday, August 12, 2010

AOP, a Subsidiary of Talisman Holdings Inc. Makes Its Mark in the Huge Fertilizer Industry, A Strategic Commodity That Must Expand Production

SPRINGFIELD, OH--(Marketwire - 08/12/10) - Advanced Organic Products Worldwide (AOP), a subsidiary of Talisman Holdings, Inc. (Pinksheets:TMHO - News) is emerging as a leader in the gigantic fertilizer marketplace. It is estimated that the size of the worldwide fertilizer market is 175,000,000 metric tons, and has a staggering value figure of $150,000,000,000. Fertilizers are currently responsible for between 40 and 60% of the world's food supply. They are necessary to replenish our soil. Natural nutrients are removed with harvested crops and help provide nutritional value to the food we eat. These nutrients must be replaced to ensure each year's crop grows a nutritious supply of food.

A strong global demand for fertilizer is stretching the current production capacity to its technical limits. In order to satisfy global demand for food in 2050, annual food production must increase at a compounded average exceeding one percent. When all factors are considered, simply expanding crop production into new land will be inadequate. INCREASED PRODUCTION MUST COME FROM FERTILIZER APPLICATION WHICH ACHIEVES HIGHER YIELDS THROUGH ADOPTION OF IMPROVED TECHNOLOGY THAT IS COST EFFECTIVE AND KNOWLEDGE INTENSIVE.

AOP has licensed a technically advanced organic fish fertilizer using proprietary methodology. Studies show that the superior AOP organic product is unsurpassed at restoring these essential ingredients to the soil.

Not only is the product cost effective; it is far easier to apply and store. Under normal conditions and usage, it takes only 60 gallons of our organic fertilizer to equal one metric ton of chemical fertilizer.

The Company believes the superiority of its product will allow it to capture an ever-increasing share of this gigantic $150,000,000,000 market commencing immediately. Because of the enormous scale of the market, even small percentile growth increases amount to significant sales boosts. The Company believes the very nature of the product makes such sales spurts inevitable. The potential is astronomical!

"AOP organic fish fertilizer encourages more natural, unforced growth. It will enhance the hardiness, taste and keeping quality of all fruits and vegetables. Plants drawing on nutrients released by the organic cycle will be more resistant to pests and diseases. This is accompanied by significant yield increases, with the best prices in the industry. We have the right product at the right time, and it is a situation that will lead to spectacular corporate growth and success," said David Long, Talisman President.

About Talisman Holdings:

Talisman Holdings, Inc. (Pinksheets:TMHO - News) is a highly innovative holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Talisman Holdings finds undervalued small and microcap businesses with breakthrough products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an ownership or equity stake in standout emerging growth companies creates assets and drives shareholder value for Talisman Holdings, and the diversified holding company organizational structure and range of industries provides diversity of risk. For more information please visit Talisman's website at www.talismanholdings.com.

About Advanced Organic Products Worldwide:

Advanced Organic Products Worldwide (AOP Worldwide), a wholly owned subsidiary of Talisman Holdings, is dedicated to enhancing the value of the Company by becoming a world leader in the safe nourishment of crops, people and the environment. Presently, it is focused on marketing a revolutionary organic fertilizer which is of value to users and the environment. The Company is deeply concerned with global well being. Its future will be linked with earth friendly projects. The spirit of the Company is to be involved with the kind of undertakings that make a difference in everyday life... where creative scientific knowledge is transferred to practical, real world results and benefits. Interested parties are encouraged to visit the corporate website at www.aopww.com.

FORWARD-LOOKING DISCLAIMER

This summary contained forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.

Wednesday, August 11, 2010

AlumiFuel Power, Inc. Begins Development of Man Portable Fuel Cell Power Source Aimed at Large Market

CENTENNIAL, CO--(Marketwire - 08/11/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has begun development of a soldier/man portable PEM fuel cell hydrogen generator based on the same aluminum-water technology used to generate hydrogen with the PBIS-1000 Portable Balloon Inflation System already in the hands of customers. The man portable system is designed to generate enough hydrogen to power a 25W-500W fuel cell.

The overall market for man portable power (generator and battery replacement) is nearly $8 billion annually, including $4.75 billion for portable systems (100W-500W) and $3.13 billion for mobile systems (25W-100W). This market encompasses military applications powering battlefield electronics and munitions, first responder/emergency preparedness applications powering radios and other electronic and medical devices for Homeland Security and disaster relief, and commercial applications such as shoulder-mounted video cameras.

API and its portable power partner, Ingenium Technologies, Inc. of Rockford, Illinois, are aggressively pursuing specific man portable power opportunities and have already submitted a proposal in response to a Department of Defense solicitation. In order to complete a 72 hour mission requiring 25W of power, the soldier must currently carry 21 lbs. of batteries using the BA5390 lithium/manganese dioxide primary (non-rechargeable) battery. A similar AlumiFuel system would weigh less than half that.

The soldier/man portable hydrogen generator is a lightweight unit (under 10 lbs) using a similar AlumiFuel cartridge configuration as is used in the PBIS-1000. However unlike the PBIS-1000, which generates 1000 liters of hydrogen in 20 minutes, this man portable system will generate the same amount of hydrogen, but over a longer period of time -- from 4-72 hours depending on cartridge size and required power level. Eventually API's man portable hydrogen generator will be fully integrated with a fuel cell. The system could replace current batteries used by the US Army to power radios and other electronics on the battlefield. API's system has 4-5 times the energy density (runtime) of lithium batteries presently being used, and does not have any drop in power towards the end of its run. The system will also not lose efficiency in very hot and cold working conditions as batteries are prone to do.

Competing hydrogen storage/fuel cell technologies for soldier/man portable power such as methanol reformers and metal hydrides have drawbacks. Reformers run at temperatures that can exceed 100C and have start-up times that exceed 15 minutes, while API's system starts in less than two minutes. API's system has higher hydrogen storage densities than both technologies, is less expensive, runs at much lower temperatures, generates no green house gases, and contains no toxic materials.

API's Director of Engineering Sean McIntosh said, "This ground-based man portable technology fits very nicely with our current hydrogen generation development work on the PBIS-1000 and our hydrogen generation development for powering Unmanned Undersea Vehicles (UUVs) under an R&D contract with the US Navy."

About AlumiFuel Power, Inc.
API (www.alumifuelpowerinc.com) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for Flameless Ration Heaters. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit www.irgnews.com/coi/AFPW.

About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

Tuesday, August 10, 2010

mBeach Software Inc. Updates on Progress to Penetrate Emerging Russian and CIS Markets

TEL AVIV, Israel, Aug. 9, 2010 (GLOBE NEWSWIRE) -- mBeach Software Inc. ("MBHS") (OTCBB:MBHS - News) today announced the start of regulatory procedures to market the company's advanced cancer diagnostic solution in Russia. This follows mBeach's recent announcement on the signing of an MOU for Russia and the Commonwealth of Independent States (CIS).

Completing these regulatory procedures will pave the way for local clinical trials and a full commercial launch of SkinScan 650, SCS's non-invasive, point-of-care system to detect and identify different types of skin cancers. SCS expects to receive the initial import approval by the end of October 2010.

mBeach CEO Yossi Biderman commented, "We are excited at the prospects of entering this very large and attractive region, one of the fastest-growing healthcare markets in the world. Typically in Russia today, cancer is diagnosed at relatively advanced stages when treatment options are less effective and more costly. Our market research identifies a clear demand for advanced medical technologies such as ours for the early detection of skin cancer." Mr. Biderman further stated, "We will be working closely with our local distributor and look forward to updating our shareholders on our progress in this important market."

About SCS



Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.

Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor's office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. This will reduce the number of biopsies, lower treatment costs, and improve quality of life.


For more information on SCS, visit www.scs-med.com.


Forward Looking Statements

This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS' products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

Monday, August 9, 2010

AlumiFuel Power, Inc. Successfully Trains First Customer in Use of Its Unique Portable Balloon Inflation System; and Additional Orders Anticipated

CENTENNIAL, CO--(Marketwire - 08/09/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News), (the "Company"), announced today that its technical team has assisted an unspecified military customer in the initial field training on the Portable Balloon Inflation System (PBIS-1000).

The current weather balloon market is pegged at $150-$200 million per year, and encompasses military as well as civil government meteorological users worldwide. Based on customer reaction, API and its path-to-market partner, Kaymont Consolidated of Long Island, New York, the world's largest distributor of weather balloons, believe the PBIS-1000 can become the field standard and product of choice. After purchasing PBIS-1000 units, customers will continue to purchase replacement cartridges to launch 500-1,000 balloons each year (1,000-2,000 cartridges). This is analogous to the razor/razor blade dynamic.

API's President & CEO, Mr. David Cade, said: "We are extremely gratified that our unique PBIS-1000/AlumiFuel cartridge system has generated such widespread interest. Our partner, Kaymont, has been contacted by many other potential customers around the world desirous of procuring the system, and is in the process of arranging demonstrations. The ease of launching weather balloons with the PBIS-1000 will serve to expand the market into remote locations which cannot be served by present hydrogen generation methods."

Previously, API and Kaymont had delivered the first three PBIS-1000 portable generator production units to the customer, along with the first batch of AlumiFuel cartridges to fuel the generators, providing the lift gas. The PBIS-1000 uses two 32 oz. cartridges packed with customized AlumiFuel powder which is then infused with water to generate 1,000 liters of hydrogen in 20 minutes to launch a 5-foot weather balloon. This initial training phase was conducted at the customer's training facility, and consisted of 8 separate balloon launches (using 16 cartridges), all successful as the system and cartridges performed flawlessly.

Following the training launches, the customer requested that several additional features be incorporated into the PBIS-1000, and has earmarked funds for completing the requested modifications and for purchasing additional PBIS-1000 units as soon as the modifications can be incorporated, which is expected to be within 60 days. In addition, potential customers from another military organization, and from a meteorological service, attended the training sessions and expressed keen interest in purchasing the unit. The meteorological representative revealed that the use of the PBIS-1000 and AlumiFuel cartridges for the launching of two weather balloons daily from each of its sites would be only one-third the cost of hydrogen K-Cylinders delivered to various launching sites -- a savings of over $120,000 per site over a one year period.

About AlumiFuel Power, Inc.
API (www.alumifuelpowerinc.com) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for Flameless Ration Heaters. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit www.irgnews.com/coi/AFPW.

About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.

Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

Sunday, August 8, 2010

Skymark Research Initiates Independent Research Coverage on Neah Power Systems, Inc.

CALGARY, Alberta, Aug. 6, 2010 (GLOBE NEWSWIRE) -- Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on Neah Power Systems, Inc. (OTCBB:NPWZ - News).



Skymark Research is currently offering a complimentary trial subscription. To view our research go to: www.skymarkresearch.com


About SMR:



Skymark Research is a leading provider of independent investment research in North America. Our services include research analysis on the small- and micro-cap markets, real-time news and financial data, market commentary and the SMR newsletter. Skymark Research's staff of small-cap investment professionals is dedicated to providing the small market's investment community with the tools and avenues necessary to make the important investment decisions. To view our research reports on a complimentary trial basis and take advantage of our other services, go to www.skymarkresearch.com and click on the complimentary trial subscription button on our home page, or go directly to our registration page at www.skymarkresearch.com/signup.php


The Skymark Research logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6683


About Neah Power Systems, Inc. (OTCBB:NPWZ - News):



Neah Power Systems, Inc. (OTCBB:NPWZ - News) is engaged in developing and selling of renewable energy solutions. The Company's fuel cells are designed to replace existing rechargeable battery technology in mobile electronic devices and small-scale transportation vehicles.


SMR Disclosure:


Skymarkresearch.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Skymark Research has not been compensated by any of the above mentioned companies. Please read our report and visit our Web site, www.skymarkresearch.com, for complete risks and disclosures.

AlumiFuel Power, Inc. Begins Execution of Navy UUV Contract, Opening Up Entry Into Vast New Market

CENTENNIAL, CO--(Marketwire - 08/06/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has begun execution of a U.S. Department of the Navy R&D contract for a new hydrogen source to power future Unmanned Undersea Vehicles (UUVs). API is a subcontractor to Ingenium Technologies, Inc. of Rockford, Illinois, a turnkey systems integrator with special engineering expertise in advanced power and energy systems.

The overall global UUV market is expected to reach $12 billion over the next decade, encompassing commercial, naval and other national security applications. This number includes $1.2 billion for the power systems, with $400-$500 million related to the fuel modules. API has been interacting with selected defense contractors in the design of novel energy generators (including superheated steam as well as hydrogen) to power U.S. Department of Defense (DoD) and commercial UUVs and submersibles for over two years. In fact, apart from this Navy R&D contract, API's technology for underwater applications has been incorporated into three other proposals to DoD customers by three separate major defense contractors.

API's President & CEO, Mr. David Cade, stated, "We view this Navy R&D contract as the first step towards development and commercialization of our multiple power source approach for UUVs. We and Ingenium are confident that the ultimate fielding of this API technology will represent a force multiplier for the Navy, offering substantial mission duration and range benefits over current UUV power sources which rely on battery technologies. Ingenium and API also intend to apply this same technology to other UUV customer requirements involving commercial gas, oil and pipeline applications as well as Homeland Security port inspection applications."

In this new R&D contract, the Navy is seeking a novel hydrogen source to power air independent fuel cells for future UUV missions, which is one of API's primary target applications. The Phase I research of the contract will focus on developing a refuelable hydrogen generating system using solid fuel cartridges (similar to those developed and used by API for other applications) and to demonstrate the continuous delivery of fuel-cell grade hydrogen for eight hours. As the prime contractor, Ingenium has developed the overall system design, with API's hydrogen generation technology as the key fuel source component of the proposed design.

API and Ingenium recently signed an exclusive partnership agreement in which API's technology provides the energy to drive turbines and fuel cells in power plants designed, engineered and integrated by Ingenium.

About AlumiFuel Power, Inc.
API (www.alumifuelpowerinc.com) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for Flameless Ration Heaters. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit www.irgnews.com/coi/AFPW.

About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.

Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

Disclaimer

Average Joe's Picks is an independent electronic medium, which provides industry data and information on publicly traded companies for the use of our readers. Furthermore, the provided data should not be used as the sole basis for making any investment decision. The individual investor's own due diligence is of the utmost importance and highly recommended.