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WILMINGTON, Del., Dec 12, 2006 -- BUSINESS WIRE
HyPower Fuel Inc. (OTCPK:HYPF) is pleased to announce that the company has equipped a Volkswagen GTi with its H2 Reactor (H2R) hydrogen system that can produce sufficient hydrogen on board, on demand to power the vehicle using only water. The H2 Reactor uses the process of electrolysis to convert water into a hydrogen/oxygen gas which is then used to power its original internal combustion engine. "This is an extremely significant advance in that a vehicle with a standard internal combustion engine can be powered with hydrogen produced onboard as needed. Other hydrogen vehicles require special storage tanks to supply the highly compressed gas to the engine. This is not yet a practical application as there are simply very few available refueling stations for these vehicles," said Mr. Doug Bender, President of HyPower. "We have now successfully created a situation where a car could run on water and produce virtually no harmful emissions or greenhouse gases. We will continue to beta test the H2R system to strive for increased efficiency," Mr. Bender added. Management is quick to point out that these are preliminary laboratory results using prototype H2R units and will require considerable improvements before any practical transportation application can become a reality. The company plans to host a number of live demonstrations in early 2007 with independent experts in attendance to monitor and verify resulting data. "This new technology, used in conjunction with this vehicle is to us like the Kittyhawk was to the Wright brothers. It didn't fly very far but it was a start and paved the way to modern aviation as we know it today," exclaimed Doug Bender. 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 production and hydrogen related products. HyPower has successfully commercialized 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. HyPower's signature product, the Hydro Power Pak (HPP), has demonstrated a significant impact on the performance of engines while at the same time increasing fuel economy, significantly reducing harmful emissions, inducing a cleaner more efficient burn, and increasing torque and horsepower. The HPP results in greater productivity, less carbon residue and sludge build-up and overall increased operating efficiency. HyPower is also engaged in the research and development of hydrogen production technology and biofuel products. For more information please contact Investor Relations at (973) 351-3868 or visit: www.hypowerfuel.com. Safe Harbor Statement 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. SOURCE: HyPower Fuel Inc. News Provided By |
