HYPF Hypower Fuel Inc (CE)

HyPower Fuel Inc. (HFI) (Pinksheets: HYPF) is pleased to provide this Environmental Energy Update about it๏ฟฝs environmentally friendly, green energy technologies. Mr. Douglas Bender, President of HyPower Fuel, enthusiastically stated that ๏ฟฝin the past few months HyPower Fuel has been working diligently on a number of different environmentally friendly energy technologies including, but not limited to, hydrogen production and insertion. We performed a critical analysis of all of the technologies in the HFI portfolio and have channeled our energies to those technologies which we feel will earn the Company and its shareholders the most immediate return on their investment๏ฟฝ. Doug Bender went on to say that ๏ฟฝbecause of this new focus, HyPower believes that it has developed new applications and interest for its technologies which will generate a number of major contracts with recognizable customers in the very near future. We are currently negotiating a number of contracts which should prove to be very profitable and will require little or no capital outlay from the Company. We expect to release more information on these technology applications and the contracts over the next few months.๏ฟฝ About the H2 Reactor (H2R) The H2 Reactor is one of HyPower Fuel๏ฟฝs technologies. It is an electrolyzer that uses a unique process of electrolysis to create hydrogen and oxygen gases from water. After extensive technical research and development work, HyPower believes that the H2 Reactor๏ฟฝs electrolysis process is technologically the most efficient to date in terms of oxyhydrogen production to an electrical input. The H2 Reactor can be used in any manufacturing, business or household application involving heat or combustion. HyPower also hopes to adapt this technology for transportation purposes by enabling vehicles to burn oxyhydrogen produced on-board and on-demand either in a hybrid or a sole source fuel scenario. About HyPower Fuel Inc. HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy using environmentally beneficial processes. HyPower is currently commercializing the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall performance and efficiency of the internal combustion engine while burning gasoline, diesel, natural gas, liquid propane, ethanol, methanol or a combination of fossil fuels and biofuels. For more information please visit: www.hypowerfuel.com Safe Harbor Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.