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HYPF Hypower Fuel Inc (CE)

0.000001
0.00 (0.00%)
04 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hypower Fuel Inc (CE) USOTC:HYPF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

HyPower Fuel Files Biofuel Patent in Multiple Countries

09/03/2009 1:31pm

Marketwired


Hypower Fuel (CE) (USOTC:HYPF)
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Mr. Douglas Bender, President of HyPower Fuel (PINKSHEETS: HYPF), today announced that, "We are very pleased to inform our shareholders that upon consultation with our patent and technical advisors, we have instructed our Calgary Patent Attorney at Borden Ladner Gervais LLP to file for patent protection in North America and multiple countries in Asia including Malaysia, Indonesia, China, South Korea and India."

Mr. Bender expressed confidence in the value of the patents being sought and stated that, "HyPower has rigorously tested the process on every feedstock available. We are gratified that the exhaustive work done by our European and Canadian team of scientists, researchers and project managers has resulted in a ultra-green process that we strongly believe will be financially rewarding for the Company and its shareholders. As an assignee of the resultant patents HyPower will be able to market, license and sell production rights for this unique and environmentally friendly technology."

Mr. Bender closed by saying, "Ultimately, as with our other patents and patent applications, we wish to file this patent application in every large, industrial jurisdiction. We intend to pursue a patent in every country that produces and sells a large volume of biodiesel. This is a key asset component of our biodiesel marketing program in North America and Asia and is another step forward enabling us to complete a sale or license in those lucrative jurisdictions."

About the HyPower Biofuel Process

The HyPower Biofuel process is a "next generation" biodiesel technology that has a number of competitive advantages over conventional biodiesel production methods. The HyPower process uses essentially no catalysts or water to produce biodiesel. All inputs are recovered or converted to saleable products. The capital and operating costs and the environmental footprint of the process should also be significantly less than conventional methods of biodiesel production.

About HyPower Fuel, Inc.

HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative, clean alternative energies through unique methods. Currently HyPower has hydrogen insertion and production technologies and biodiesel production technologies in development and/or in the product commercialization stage. For more information please visit: www.hypowerfuel.com.

Safe Harbor

This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of HyPower Fuel, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to these risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

Investor Relations: Taylor Capitol, Inc. Stephen Taylor 973-351-3868 Email Contact

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