SOURCE: eHydrogen Solutions

March 02, 2010 08:30 ET

eHydrogen Solutions Acquires Advanced "On Demand Hydrogen Production" Technology Assets

RENO, NV--(Marketwire - March 2, 2010) -  eHydrogen Solutions, Inc. (eHS) (PINKSHEETS: EHYD) announced today the completion of an Intellectual Property (IP) Transfer Agreement substantially expanding its core On Demand Hydrogen Production (ODHP) technologies. In addition to its advanced electrolysis technologies, the Company has now acquired new leading edge ODHP technologies, including real-time hydrogen production utilizing a combination of Reactive Metals, nanotechnology and plasma reformation. 

The transaction is valued at $2,000,000 purchased with a combination of Preferred Stock and minority debt. The company will soon post complete consolidate financials with all relevant disclosures. 

The addition of these core ODHP technologies, together with the Company's recently announced breakthrough in hydrogen production, has expanded eHydrogen Solutions' developmental scope to include heating, power production, fuel cell applications, advanced battery technologies, Hydrogen Internal Combustion Engines (HICE) and a number of other advanced CleanTech solutions.

The Company recently announced dramatic increases in efficient on demand hydrogen production sufficient to both heat a standard home and generate up to 25% of FREE ELECTRICITY to meet domestic needs. 

The Company expects to further these advances through the integration with its newly acquired ODHP core technologies.

About eHydrogen Solutions

eHydrogen Solutions (eHs) specializes in the development of On demand Hydrogen Production (ODHP) technologies designed to produce hydrogen in the most cost effective, environmentally friendly and sustainable manner possible for integration in to a number of clean energy solutions. In addition to providing an "on demand" hydrogen source for aftermarket hydrogen enhancement applications that increases the efficiency of virtually any combustion process, eHs scope of On Demand Hydrogen Production (ODHP) technologies enables the integration with fuel cell applications, advanced battery technologies and Hydrogen Internal Combustion Engines (HICE).

eHs' proprietary ODHP technologies is available today to qualified partners in a wide variety of vertical and/or geographic markets worldwide, through joint development/ adaptation, distribution and production agreements.

Safe-Harbor

This press release contains statements (such as projections regarding future performance) that are forward-looking 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 website and prior SEC and Pink Sheets filings contain various disclosures and RISK FACTORS (incorporated herein by reference) and should be read before any investment decision.

The company maintains its web site at: www.eHydrogenSolutions.com

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