SOURCE: HyPower Fuel Inc.

September 21, 2006 16:01 ET

HyPower Announces Results of the Hydro Power Pak

RENO, NV -- (MARKET WIRE) -- September 21, 2006 -- HyPower Fuel Inc. (PINKSHEETS: HYPF) is pleased to release the results of the Hydro Power Pak, also known as the HPP.

The HPP is a retrofit hydrogen insertion device developed for use on tractor trailer rigs as well as stationary diesel engines to improve fuel economy, reduce harmful emissions and increase engine performance and horsepower. Although the HPP does not eliminate the need for gasoline, diesel or other fuels it does provide the on-board production of hydrogen that supplements the primary fuel source. HyPower believes the HPP is more efficient than any existing form of electrolysis-based hydrogen production/insertion technology. The HPP is a transition technology paving the way for future retrofit hydrogen production technologies that will allow engines to be fueled totally with hydrogen produced on board, on demand.

The HPP was developed primarily for use with mechanical diesel engines. Test data from various world-class testing facilities such as Rousch Engineering, California Environmental Engineering and Southwest Research Institute has yielded results that indicate an overall decrease in emissions, an increase in fuel economy, and an increase in horse power. The Company has purchased its own Test Cell complete with the attendant equipment and is implementing testing protocols for testing on a broader range of engines.

Extensive testing of the HPP has shown that it will operate trouble-free for at least 500,000 miles, or 10,000 hours in stationary diesel generators. As such, the HPP is a very safe, dependable, and cost-effective technology. Mr. Douglas Bender, President of HyPower Fuel Inc., stated, "This is a huge achievement for HyPower as it gives us the first such on-board, hydrogen-on-demand alternative fuel device with a longevity and safety record as required by the industry."

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 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 Legislation 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 that is 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 Information

  • Contact:
    HyPower Fuel Inc.
    Stephen Taylor
    973-351-3868