HyPower Fuel Releases Green Energy Update

  
    
  
  
    
      HyPower Fuel Inc. (HFI) (Pinksheets: HYPF) is pleased to provide this 
      Environmental Energy Update about it’s 
      environmentally friendly, green energy technologies.
    
    
      Mr. Douglas Bender, President of HyPower Fuel, enthusiastically stated 
      that “in 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”.
    
    
      Doug Bender went on to say that “because 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.”
    
    
      About the H2 Reactor (H2R)
    
    
      The H2 Reactor is one of HyPower Fuel’s 
      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’s 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.