SymPowerco Enters Procurement and Manufacturing Discussions.

  SymPowerco Corporation (PINKSHEETS: SYMW)
CEO John Davenport announced today that the company has entered Procurement
and Manufacturing discussions with Hybrid Energy Technologies Inc. (HET) of
Toronto, Canada.

The discussions involve the cooperation of the two companies with respect to Procurement and Manufacturing activities for SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell (FEDMFC), HET's flat plate battery technologies and the companies' joint development plans for the manufacturing and marketing of Hybrid Power Systems.

SymPowerco and Hybrid Energy Technologies Inc. are partners in the development of hybrid power systems through their jointly owned subsidiary, Polygenic Power Systems Inc. (SymPowerco 70%, HET 30%).

Polygenic Power Systems Inc. manages all aspects of SymPowerco's FEDMFC program including in-house and institutional research and development, grant applications, and management of the multiple projects associated with the program. In addition, PPSI will be responsible for the marketing of the fuel cell, fuel cell hybrid power systems and related technologies.

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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