SOURCE: Hybrid Energy Holdings, Inc.

March 31, 2010 08:30 ET

Hybrid Energy to Add $1,000,000 Revenue per Year From Production of 4.6 Billion Cubic Feet of Reserves

RENO, NV--(Marketwire - March 31, 2010) -  Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced today its planned new production from one of its recently acquired energy properties. The Company's "Coates" property contains known reserves of 5 Billion Cubic Feet. Production is planned to commence from the 9,800 foot 'pay-zone' and is projected to add $1,000,000 per year in revenue.

The Company holds 9 energy production properties in its portfolio with 35 Billion Cubic Feet of verified reserves and maintains daily production from an estimated $30,000,000 in active reserves. The portfolio has an estimated $145,000,000 in available known reserves. 

The Company will continue activating new production from its reserves and issue shareholder guidance accordingly.

About Hybrid Energy Holdings

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH may acquire nascent energy technology or rights as portfolio enhancing assets. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of profitability and mitigated-risk funding structures provides long-term shareholder equity appreciation.

The company maintains its web site at:

Safe-Harbor Statement
This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's disclosures contain various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.

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