Brownie's Marine Group, Inc.

Brownie’s Marine Group to Explore Possible Spin-off of Its Exclusive Rights to Steam Generation Technology for Marine Industry

Fri, Jun 08, 2012 22:00 CET

FORT LAUDERDALE, Fla., June 8, 2012 Brownie's Marine Group, Inc. (OTCBB:BWMG ), a leading developer, manufacturer and distributor of highly specialized dive and safety products, today announced that that its Board of Directors has authorized the Company to evaluate strategic alternatives for its steam generation technology rights; including the separation of this potential business platform into a new company through a spin-off or other transaction. In recent testing, the Molecular Impact Energy (MIE) steam generation

Brownie’s Marine Group’s Test Platform for Steam Generation Technology for the Marine Industry Achieves Significant Milestone

Tue, Jun 05, 2012 15:00 CET

FORT LAUDERDALE, Fla., June 5th, 2012 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

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Brownie’s Marine Group to Explore Possible Spin-off of Its Exclusive Rights to Steam Generation Technology for Marine Industry

Brownie’s Marine Group’s Test Platform for Steam Generation Technology for the Marine Industry Achieves Significant Milestone

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