HyPower Fuel Announces Filing of Hydrogen Processor Patent Improvements
06 May 2009 - 10:30PM
Marketwired
HyPower Fuel, Inc. (PINKSHEETS: HYPF) is pleased to announce that
it incorporated a number of unique improvements into its patent
filing of its Modular Electrolysis Device (commonly referred to as
the H2 Reactor).
Mr. Douglas Bender, President of HyPower, stated, "In our
opinion, the improvements to our previous hydrogen processor
patents make the H2 Reactor the most efficient and cost-effective
processor in the field. The new patent will be filed in the United
States first and additional countries will be added to our patent
portfolio as required."
Mr. Bender went on to state, "I wish to thank our H2 Reactor
Development Team for their inventive input in making this patent
filing a reality. With these improvements in place, HyPower can now
aggressively move forward with its plans to market our hydrogen
insertion technology in the transportation industry. Power Systems
Research reports that there are over 535 million heavy duty trucks
and large passenger buses in use in North America. This provides a
substantial market segment which could benefit from the addition of
the H2 Reactor. The new H2 Reactor will be moderately priced to
ensure that even in the current economic recession, it will provide
a relatively fast payback to buyers."
About the H2 Reactor (H2R)
The H2 Reactor 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 hydrogen processor. 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 through hydrogen, biodiesel and biomass production. HyPower
has successfully developed alternative fuel technologies that make
the most economic sense in today's economy. 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.
Contact: Investor Relations: Taylor Capitol, Inc. Stephen Taylor
973-351-3868 Email Contact
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