Magnetic Power Inc. Executive Summary

by Mark Goldes, CEO

MPI’s Mission

MPI’s mission is to supply the world with clean, abundant, and inexpensive electricity.

The company is developing breakthrough magnetic energy technologies, one of which it calls POWERGENIE™ (Power Generation of Electricity by Nondestructive Interference of Energy). Based upon proprietary discoveries in MPI’s labs, generators are being designed that operate continuously, without fuel, extracting electricity by converting an abundant, renewable, extremely dense, energy source that has never before been commercialized. The process will create no pollution. Variations will provide a permanent power supply that eliminates the need for batteries of all sizes. Conventional power costs are rising. The cost of electricity from POWERGENIE promises to be less than any competing form of power generation today, or in the foreseeable future.

POWERGENIE will be scaled to a wide range of applications. These include the relatively small power needs of consumer devices. It can turn future cars into decentralized power plants and can rapidly be commercialized. MPI technologies can be fabricated in factories in many locations...... (more)

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Updated 4/22/08


For more information, contact Mark Goldes, CEO     (707) 829-9391

magneticpower@gmail.com                                             

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