PALM SPRINGS, Calif., Sept. 30, 2013 (GLOBE NEWSWIRE) -- Solaris Power Cells (OTC:SPCL) has opened its new Research and Development labs that consist of almost 10,000 square feet located within the CVEP iHub Advanced Manufacturing Center.
The Solaris Power Cells Research Facility is located just blocks from the UPS and FedEx distribution centers, located just blocks from Palm Springs City Hall, the Palm Springs International Airport and as an extra benefit we are located within the Foreign Trade Zone.
Solaris will use this new facility to continue its Research & Development and start testing its PASA "Passive Electron Storage Arrays" concepts allowing Solaris Power Cells to move closer to creating its proof of concepts prototypes for testing by Golf Course's and potential Golf Car resellers & dealers.
The Solaris PASA "Passive Electron Storage Array" is an Intelligent PCBA (Printed Circuit Board Assembly) design that creates a safer, passive and Non-Chemical method to store electricity unlike toxic Lead Acid or Lithium-Ion batteries.
"The new Solaris Research and Development labs have validated CVEP programs and now Solaris will attract other likeminded high tech business to the Coachella Valley," says Joe Wallace, Managing Director of the iHub Palm Springs.
Solaris Power Cells (www.solarispowercells.com) is a diversified "green" energy storage manufacturer offering residential and commercial users turn-key, renewable energy storage solutions. Solaris manufactures the Solaris Power Cells for Limited Use Electric Vehicles like golf cars. The Solaris Smart-Cell is a 100% lead-free, solid state storage solution that makes renewable energy greener and better by allowing applications to utilize more of the energy generated. Solaris Power Cells provides a PCBA (printed circuit board assembly) Passive Energy Storage Array. The Solaris Power Cell is capable of providing energy storage to applications normally reliant and equipped with highly toxic lead acid, nickel metal hydride or lithium-ion batteries.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Forward-looking statements in this release include that we are about to manufacture our products, we can compete in the energy storage business, and our products will provide an energy storage solution to industry. The Company's products involve detailed proprietary and engineering knowledge and specific customer adoption criteria, hence factors that could cause actual results to be materially different include that we may be unsuccessful in raising any additional capital needs that may arise; we may not have sufficient capital to develop, produce and deliver orders; orders that are placed may be cancelled; product may not perform as well as expected; markets may not develop as quickly as anticipated or at all; or that the productive capacity of the company may not be large enough to handle market demand. Further, we are reliant on certain key employees who may leave the Company and we may be unable to protect or defend our intellectual property. Investors are cautioned against placing undue reliance on forward-looking statements. Refer to the risk factors included in the 8-K filed by the Company at the date of this press release.