interesting new energy developement

I just happened upon an article in the British press concerning an Irish companys claim to have discovered a revolutionary energy source based on magnetic fields.
This sounds very similar to the so called Searl Effect I have also read about.Here is a link to the article. Does anyone know more about this?

www.physorg.com...

This might turn out to be something very interesting.

OOPS.........R3KR........you beat me to it........didnt see your post till later......still, very interesting dont you think?