HTC Hydrogen Technologies Corp.
TSX VENTURE : HTC

HTC Hydrogen Technologies Corp.

December 20, 2006 11:42 ET

HTC Hydrogen Technologies Corp.-dba "HTC Purenergy" Announces the Completion of the Acquisition of BTC BioEnergy Technologies Corp.

REGINA, SASKATCHEWAN--(CCNMatthews - Dec. 20, 2006) - HTC Purenergy ("HTC" or "Corporation")(TSX VENTURE:HTC) today announced the completion of the acquisition of BTC BioEnergy Technologies Corp. ("BTC"). The Corporation issued 591,500 Class A common voting shares in exchange for 295,750 BTC shares.

This transaction has been approved by the Board of Directors of HTC, BTC, shareholders of BTC and by the TSX Venture Exchange Inc.

BTC is a private Saskatchewan based company, established to develop renewable energy from bio-resources. BTC has unique and patentable technologies which assist in the project development and production of commercially viable bio-fuels. It has long standing relationships with United States based grain companies, grain producer co-ops, the plant genetics industry and has access to the International Test Centre, a world leader in renewable fuel research.

Don Saelhof, founding shareholder and President of BTC, is a Member of Saskatchewan Biodiesel Task Force, holds a Senate appointment at the University of Regina and is a Provincial Director of the Saskatchewan Institute of Agrologists. He obtained his Bachelor of Science degree in Agriculture (Honors Program, Soil Science) at the University of Saskatchewan. He is a business and technology commercialization executive with extensive experience in the North American bioenergy, agricultural and technology sectors, in public sector economic development and investment marketing.

The acquisition provides HTC with a company complete with infrastructure, Don Saelhof as senior executive, banking relations, branding, product research and development, and project development opportunities in the biofuel sector.

BTC is co-sponsoring a "Clean Energy Technology Chair" at the University of Regina and is completing a collaborative research agreement and patent licensing agreement.

HTC Purenergy provides Carbon Management solutions to industry worldwide, from its head office in Regina, Saskatchewan. HTC Purenergy corporate developments can be followed on www.htcenergy.com and is traded under the symbol HTC.

The TSX Venture Exchange Inc. does not take any responsibility for the adequacy or accuracy of the information contained in this news release.

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