Late last week AlumiFuel Power Corporation was pleased to announce that ActionPak Inc., a Philadelphia area world-class packaging and assembly company with a 30-year industry pedigree, has begun production of API’s AlumiFuel cartridges which provide the fuel for API’s Portable Balloon Inflation System 1000 (PBIS-1000).
API’s Director of Engineering, Mr. Sean McIntosh, said: “ActionPak is as excited as we are about the many new business opportunities emanating from this relationship. The proximity of their plant and their ability to quickly adapt to new requirements are an ideal match for API’s needs.”
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About AlumiFuel Power Corporation
AlumiFuel Power Corporation, formerly known as Inhibiton Therapeutics, Inc., recently acquired its wholly-owned operating 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. The Company also has been conducting biotechnology research, development and potential commercialization of technologies and products for new cancer therapeutic agents and cancer fighting drugs called targeted therapies.
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