Hyattsville, MD – According to filings with the U.S. Securities and Exchange Commission, Ally Power is raising $42,330,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joseph Alfred played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Ally Power
Ally Power is moving the country to a carbon-free future with our unique two-pronged approach to hydrogen fuel. First, we want to bring self-sustaining and profitable hydrogen fueling stations to the East Coast, starting in Maryland and eventually spreading up and down the coast. We call this the Future of Fuel, and the goal is to be able to drive a hydrogen fuel-cell, zero emission vehicle from Key West to Canada. The second prong, which we call Gasoline to Green is removing traditional gas and diesel vehicles and retrofitting them with an affordable hydrogen fuel cell solution.

To learn more about Ally Power, visit http://allypowerinc.com/

Contact:
Joseph Alfred, Chief Executive Officer
202-934-0693

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