Asemblon Receives Energy Innovator Award

December 16, 2008

REDMOND, Wash., Dec. 16 /PRNewswire/ — Asemblon, Inc., announced today it
has received an Energy Innovator Award from the U.S. Department of Energy’s
Office of Energy Efficiency and Renewable Energy.

“We are happy to recognize Asemblon’s work with the Energy Innovator
Award,” said Paul Dickerson, Chief Operating Officer at the Department of
Energy’s Office of Energy Efficiency and Renewable Energy. “Accelerating clean
energy innovations into the marketplace is a key way to increase our energy
security and mitigate climate change.”

Asemblon, a world leader in high-purity alkane thiols and surface
molecular engineering, applied its organic chemistry expertise to the field of
hydrogen. Asemblon is close to meeting the Department of Energy’s 2010 goal
for hydrogen storage efficiency by storing and transporting hydrogen on an
organic molecule.

“We plan to meet the DOE’s 2010 7% goal by the end of 2009 and the 9% goal
for 2015 by the middle of 2011,” said Pat Quarles, Asemblon’s CEO. “Our
scientists and engineers are committed to providing a safe, cost-effective
solution to the key problems with the Hydrogen Economy: storage and
transportation. Our patented solution does not require handling of either
compressed or liquid hydrogen, therefore, we can deliver hydrogen to current
fueling stations at ambient temperature and pressure for a price comparable to
gasoline or diesel.”

Over 400 different vehicles have been designed since 1990 that run on
hydrogen. Plus, most of the 230 million cars and trucks already on the road
today can be modified for dual-fuel operation: hydrogen plus gasoline or

The Department of Energy created the Energy Innovator Award to recognize
businesses, individuals, and governmental agencies that have successfully
developed or deployed energy efficiency and/or renewable energy technologies,
services, or policies.

Asemblon, Inc. is a privately held corporation with a business model that
develops intellectual property and license it to companies that can take it to
market. Asemblon are currently seeking strategic partners to work with them
in all phases of hydrogen generation and carbon sequestration. Organizations
with expertise in gasoline and diesel-powered vehicles are invited to contact

     Patrick A. Quarles, CEO
     Asemblon, Inc.
     15340 NE 92nd Street, Suite B
     Redmond, WA  98052-3521
     TEL: 425.558.5100
     FAX: 425.869.1836
     e-mail: pquarles@asemblon.com
     Web: http://www.asemblon.com

SOURCE Asemblon, Inc.

Source: newswire

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