HyPower Fuel Announces Environment Energy Centre Project
17 August 2009 - 10:00PM
Marketwired
HyPower Fuel Inc. (PINKSHEETS: HYPF) previously announced its
vision of an Environmental Energy Centre (EEC) for the construction
and advancement of biofuel and alternative energy technologies and
processes.
Mr. Douglas Bender, President of HyPower, today announced that
"HyPower and its development partners will undertake to construct
an Environmental Energy Centre in a non-food feedstock location.
The EEC will own and control sufficient feedstock sources to ensure
the longevity and profitability of the overall project."
Mr. Bender went on to explain that "The single largest hurdle to
the construction of any biofuel plant is the assurance of a
cost-effective and reliable source of feedstock, particularly
non-food feedstocks whose price can often fluctuate widely with the
price of oil. This became even more apparent to us after we
attended the recent Biodiesel and Biomass National Conferences in
San Francisco and Portland. We outlined our plan for an EEC and it
was well received by venture capitalists, equipment suppliers,
growers, feedstock providers, technology providers and the general
public. The contacts we made at the Conferences are invaluable in
allowing us to capitalize on our technologies in multiple
jurisdictions."
About the HyPower Environmental Energy Centre (EEC)
The HyPower Fuel Environmental Energy Centre is a plan to
utilize a single location and multiple resources to build a
completely closed-loop, self-sustainable energy complex which will
make use of a variety of technologies and processes including
HyPower's proprietary technologies.
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.
Taylor Capitol, Inc. Investor Relations: Stephen Taylor (973)
351-3868 Email Contact
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