FORT LAUDERDALE, Fla., June 5, 2012 (GLOBE NEWSWIRE) -- Brownie's Marine Group, Inc. (OTCBB:BWMG), a leading developer, manufacturer and distributor of highly specialized dive and safety products, today announced that on May 25, 2012, the Molecular Impact Energy (MIE) steam generation system produced continuous steam without a conventional boiler apparatus. The MIE system was also successfully attached to a conventional double acting two-cylinder steam engine. Developing the test platform to prove the relative energy efficiency of the Molecular Impact Energy (MIE) invention and the eventual integration for the entire marine industry for which Brownie's has exclusive rights, is a key near-term goal of the Company.
Robert Carmichael, Brownie's CEO stated, "The test results in this first phase are extremely encouraging. To witness a piston type steam engine operate instantly on demand without a fuel boiler, goes a long way to demonstrating the practical advantages of MIE steam generator. The MIE boiler-free steam generation system utilizing a computer controlled MIE injector and chamber, eliminates the need for a traditional fuel fired boiler by creating high-grade steam in a molecular impact chamber; and accelerating the water to critical speeds instantly in a unique chamber. We believe the MIE process has the potential to be more energy efficient for converting water into steam than a conventional boiler system. The preliminary MIE design if successful, suggests that the system might be readily adaptable to small through large size yachts, commercial vessels, and island communities for direct or steam-electric drive systems and electric power production."
Test Results
The impact heating chamber, in this instance, used a single high pressure water injector and produced sufficient steam to drive the engine at about 70 rpm. The impact chamber employed in this test was the original device designed to validate the impact heating concept and is not the actual production system.
A significant accomplishment of the test was the instantaneous starting and stopping of the steam engine via computer control of the MIE system. The steam is generated instantly and on demand. This is an important concept, demonstrating the efficacy of a steam generation system that doesn't use a boiler.
The next version of the system will have four computer controlled ultra-high pressure injectors and will be capable of producing sufficient steam to run the engine at a rate adequate to drive the steam electric generator unit capable of producing 14 kilowatts of continuous electrical power.
Mr. Carmichael concluded, "This is a major step forward in proving the viability of this technology by utilizing the resources and knowledge we have developed at Brownie's, to conquer the energy efficiency challenges we all face. As we continue to progress on the MIE marine applications, and on other valuable patents we hold that we have yet to commercialize, we expect to substantially increase the enterprise value of Brownie's for our shareholders."
For more information on the MIE project see:http://browniesmarinegroup.com/mie-marine-energy-project
About Brownie's Marine Group, Inc.
Brownie's Marine Group, Inc. and its wholly owned subsidiary, Trebor Industries, Inc., d/b/a Brownie's Third Lung, based in Fort Lauderdale, Florida designs, tests, manufactures and distributes recreational hookah diving, yacht based scuba air compressor and Nitrox Generation Systems, and scuba and water safety products. The Company sells its products both on a wholesale and retail basis and is comprised of three highly specialized dive product groups. The Company is an industry leading manufacturing and distribution company that serves middle income boat owners, higher income yacht owners, recreational divers, military operators and public safety personnel. The Company holds more than ten patents and enjoys a robust product development and intellectual property program that has yielded several proprietary products. Many of these products and innovations have become the "standard" for the marine industry. The Company is known for its meticulous devotion to detail, high quality production and design ingenuity. In the boating and diving community, Brownie's is known as the market leader when it comes to surface supplied "Third Lung" dive systems and Scuba Tankfill Systems for yacht-based diving. Brownie's products and support service divers at all levels of the underwater world, from shallow-water dive systems to deep-water mixed gas support systems for exploration divers and submariners.
In 2011, Brownie's introduced the first in a series of patent-pending Variable Speed Battery Powered Third Lung (hookah diving) devices engineered to conserve energy while delivering performance to the diver.
Forward-Looking Statements:
Except for statements of historical fact, the matters discussed in this press release are forward-looking. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "expects," or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These forward looking statements include potential commercialization of the MIE technology for marine applications, the viability of the MIE technology, the potential realization of new revenue streams from the MIE and other patent and license rights, and our success in obtaining venture partners to help fund the testing of the MIE technology These risk factors include, among others, limited operating history, our ability to obtain funding for the MIE project, and the efficacy of the MIE technology in marine applications, difficulty in identifying and marketing products, intense competition, substantially increasing the enterprise value of Brownie's, successfully commercializing other patents, generating new lucrative streams of revenue form the MIE, and additional risks factors as discussed in reports filed by the company with the Securities and Exchange Commission, which are available at http://www.sec.gov.
For more about Brownie's, http://www.browniesmarinegroup.com.
Contact:
Robert Manuel Carmichael
CEO
Brownie's Marine Group
954-462-5570 x 202
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