Eden Hydrogen Inc. To Spur U.S. Hydrogen Economy

  
    
  
  
    
      Eden Energy Ltd (ASX:EDE) today announced the formation of Eden Hydrogen 
      Inc. to take a lead position in the emerging U.S. hydrogen economy. The 
      company is an integration of two Eden Energy U.S. subsidiaries: Hythane 
      Company of Denver, Colorado and HyRadix of Des Plaines, Illinois. The 
      new company will be headquartered in Des Plaines, Illinois, just outside 
      of Chicago.
    
    
      “Eden Hydrogen is a milestone in our growing 
      capacity to deliver integrated hydrogen solutions to customers in the 
      U.S. and globally,” said Greg Solomon, 
      Executive Chairman, Eden Energy Ltd. based in Perth, Australia. “We 
      have captured the hydrogen supply chain within a single, efficient 
      company.”
    
    
      Robert Gray has been named Chief Executive Officer of Eden Hydrogen Inc. 
      He was formerly Chief Executive Officer of Eden Innovations Ltd. and a 
      past president of HyRadix. Roger Mamaro, President of Hythane Company, 
      will lead global operations and Dave Cepla, President of HyRadix, will 
      lead global sales and marketing for the new company.
    
    
      “As consumers in the U.S. and around the world 
      demand cost effective and clean alternatives to petroleum, the market 
      for hydrogen-based fuels and technologies is rapidly expanding,” 
      said Robert Gray, CEO, Eden Hydrogen Inc. “Eden 
      Hydrogen is uniquely positioned to provide economical onsite hydrogen 
      generation, delivery, and storage.”
    
    
      Eden's announcement comes days after the release of a U.S.-backed study, 
      which recommends government funding of $55 billion over the next 15 
      years to ensure that hydrogen vehicles become competitive with 
      petroleum-powered cars on U.S. roads. Hydrogen is seen by many as the 
      next great source of energy worldwide. Major automakers have already 
      introduced hydrogen fueled cars, and hydrogen power generation provides 
      heating, cooling, and electricity in a variety of commercial settings. 
      As concern about biofuels increases, hydrogen presents a clean, abundant 
      alternative energy source.
    
    
      Hythane® is Eden Hydrogen’s 
      patented, near zero emissions fuel blend of hydrogen and natural gas 
      with applications in transportation and power generation. Hythane and 
      its derivatives are used in many parts of the U.S., Canada, and 
      worldwide. HyRadix is Eden’s line of hydrogen 
      reformers for onsite hydrogen generation. HyRadix technology has been 
      used since 2004 at SunLine Transit in Palm Desert, CA to power 
      alternative fuel vehicles such as HICE (hydrogen internal combustion 
      engine) and Fuel Cell vehicles.
    
    
      Eden Hydrogen Inc. is constructing the first public hydrogen fueling 
      station in India as part of that country’s 
      commitment to have at least 20% of its vehicles running on Hythane® 
      and other hydrogen-based fuels by 2020. The company has also announced 
      encouraging results from its test of power generation units using a mix 
      of Hythane® and petroleum diesel, including 
      significant cost and harmful emissions reductions.
    
    
      About Eden Hydrogen Inc.
    
    
      Eden Hydrogen Inc., a U.S. subsidiary of Eden Energy Ltd (ASX:EDE), is a 
      diversified clean energy company providing global hydrogen energy 
      solutions. The company focuses on producing, storing, and delivering 
      hydrogen solutions for industrial and consumer manufacturing processes, 
      transportation fueling applications, and onsite power generation. 
      Hydrogen technologies developed and marketed by Eden include HyRadix® 
      on-site hydrogen generation systems and supply solutions and Hythane®, 
      a near zero emissions alternative fuel. For more information, please 
      visit www.edenhydrogen.com or www.edenenergy.com.au. 
      To view Eden Energy’s eMedia Kit please 
      visit: http://www.ccapreview.com/clients/eden/mediakit/.