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SHEC Labs Unveils The Power Of 5000 Suns With It's

June 10, 2003

SASKATOON, June 10/2003/ SHEC LABS - Solar Hydrogen Energy Corporation today unveiled its advanced solar concentrator technology that intensifies sunlight 5,000 times.

Solar energy is abundant and can provide all the energy requirements of humanity for millions of years to come. The problem in the past has been to economically harness this energy. Tom Beck, President and C.E.O of the SHEC labs says, "We have been working on large scale solar concentrator technology for the last several years and have been able to engineer cost to less than one third of that of competing systems on the market today. This cost advantage makes solar collection economically viable and competitive with fossil fuels. We expect to lower the cost even further in the years ahead, making renewable energy much less expensive than fossil fuels."

Tom Beck goes on to say "We have been applying proprietary manufacturing processes to duplicate this price advantage on a small scale. It is difficult to get the same economies of scale when manufacturing a smaller unit, however we are coming closer to achieving this goal. The solar concentrator we unveiled today demonstrates what is possible. Even on a small scale we can concentrate sunlight to a very high level and efficiently collect it in an optical receiver. This heat energy is then removed and applied to a useful purpose, if not removed, this energy can melt steel in seconds."

Applications include heating, even in extremely cold climates, water distillation, air conditioning, electrical power generation, hydrogen production and a host of other applications. We have had an expression of interest from numerous companies who see the market potential for energy independence. Solar collection systems are projected to reach commercialization in 2004 with a new manufacturing facility that is currently being designed.

For more information, contact:
Ray Fehr, V.P. Marketing
SHEC LABS - Solar Hydrogen Energy Corporation
Phone: (306) 956-1133
Fax: (306) 956-1144
E-mail: [email protected]

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