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Ohio University Grants ARSC's American Hydrogen Corp Subsidiary Exclusive Worldwide License for Ammonia-to-Hydrogen Technology

Business Wire, August 6, 2007

ATHENS, Ohio -- American Security Resources Corp. (OTCBB:ARSC) and Ohio University (www.ohio.edu) announced today that American Hydrogen Corp., a wholly owned subsidiary of ARSC, has been granted a worldwide exclusive license to commercialize the patent-pending catalytic electrolyzer technology developed by Ohio University's Dr. Gerardine Botte, associate professor of Chemical and Bio-Molecular Engineering at the Russ College of Engineering and Technology.

Botte has developed a method for producing hydrogen from ammonia for a fraction of the current commercial cost. Hydrogen can be used as a fuel source in a wide range of applications, including transportation and energy production.

Benjamin Schafer, president of American Hydrogen and CTO of Hydra Fuel Cell, said, "Working with Ohio and Dr. Botte, we have advanced this technology to a stage where we are ready to move to commercial applications. Our research indicates that we should be able to produce hydrogen commercially for significantly less per kilogram than by current industrial hydrogen production methods. We expect our first application to be a hydrogen generator for the HydraStax[R] fuel cells, but ultimately, we want this technology for economical hydrogen production to be widely distributed so as to unlock the promise of "The Hydrogen Economy"."

Dr. Botte, looking forward to working with American Hydrogen to advance the technology, stated, "It is really amazing to see the ammonia electrolysis technology being taken into the market place; that is the dream of any investigator and faculty member." Botte continued, "Our interaction with American Hydrogen Corporation is excellent. We are really happy to partner with them, and we will support their goal of having products in the market very soon."

Ohio University

Established in 1804, Ohio University is the oldest public institution of higher learning in the State of Ohio and the first in the Northwest Territory. Serving some 20,000 students, Ohio University has been cited for academic quality and value by U.S. News and World Report, America's 100 Best College Buys, Princeton Review's Best Colleges, and Peterson's Guide to Competitive Colleges. The John Templeton Foundation also has recognized Ohio University as one of the top character-building institutions in the country. Ohio University ranks first in the state of Ohio for nationally competitive awards won by its students.

Related links

Russ College of Engineering and Technology: http://www.ohio.edu/engineering/index.cfm

Dr Botte's faculty home page: http://www.ohio.edu/chemical/people/person.cfm?person=botte

Videos of the technology: http://www.ohio.edu/av/scholars/tech/futurefuel.cfm

American Security Resources Corporation

ARSC is a holding company actively seeking to acquire and develop clean energy companies and technologies. ARSC's Hydra Fuel Cell subsidiary has developed a high volume, mass producible hydrogen fuel cell. Its American Hydrogen Corp. subsidiary is developing an inexpensive method to produce hydrogen from ammonia. ARSC's newly formed American Wind Power Corp. will be developing residential scale wind turbines based on the patented Noble Wind Turbine design. It also has an LOI to acquire additional wind power capabilities. For more information, please see: www.americansecurityresources.com

ARSC is a component of the Ludlow Energy SmallCap Index www.ludlowcapital.com/indices.> Safe Harbor Statement

This news release contains certain "forward looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.