Hybrid Energy Gas Portfolio Valuation Continues to Grow: US Energy Information Administration Revises 2010 Natural Gas Generatio

   Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) holdings projected to increase 90% in valuation as the Department of Energy - Energy Information Administration (EIA) revises 2010 projected growth in Natural Gas Generation in the electric power sector to 3.8% from 2.0%: a 90% increase.

The EIA, in its authoritative monthly Short-Term Energy Outlook, additionally expects the Henry Hub natural gas spot price to increase 20% year to year: as US real gross domestic product (GDP) will grow by 3.0 percent and world real oil-consumption-weighted GDP will increase by 3.6 percent in 2011.

The Company is actively involved in various stages of acquiring numerous energy technology assets, energy production properties, and increasing production on its current holdings. Additionally, the Company recently announced it has begun development and property integration plans using innovative technology that will convert flare gas, a byproduct of oilfield production, so named because it is commonly disposed of by continuous burning during drilling operations, into a synthetic and commercially viable form of crude oil.

This technology not only will increase the Company's production efficiencies and profitability, but once installed, it represents a technology that can be licensed to gas and oil producers globally, thereby increasing the Company's revenue and shareholder value. The Company is analyzing various other technologies to improve the production efficiencies of its gas and oil production, while at the same time reduce its carbon footprint.

The Company recently announced its intended acquisition of proven, untapped reserves of Natural Gas divided between two wells. The estimated value of this acquisition is approximately $30,000,000 and its production levels had increased 864% year over year; and expects further increases in production levels and increases in revenue and shareholder value.

The Company's portfolio consists of multiple energy production properties delivering profitably and strong recurring cash-flows. The company's current holdings include 35 Billion Cubic Feet of reserves and produces from an estimated $30,000,000 in active reserves and an additional estimated $145,000,000 in available reserves.

The Company has acquisitions currently under consideration and when completed are projected to bring the Company's portfolio value above $200,000,000 in proven energy reserves.

About Hybrid Energy Holdings Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH may acquire nascent energy technology or rights as portfolio enhancing assets. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of profitability and mitigated-risk funding structures provides long-term shareholder equity appreciation.

The Company maintains its web site at: www.HybridEnergyHoldings.com.

Safe-Harbor Statement This release contains statements or projections regarding future performance that is forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "investors" section by reference) and should be read before any investment decision.

Contact: Hybrid Energy Holdings, Inc. Investor Relations Tel: [phone] Fax: [phone] [e-mail]