HTC Hydrogen Technologies Corp.
TSX VENTURE : HTC

HTC Hydrogen Technologies Corp.

April 28, 2008 15:02 ET

HTC Purenergy Signs Project Licensing Agreement With Global Power Plant Constructor Doosan Babcock Energy

REGINA, SASKATCHEWAN--(Marketwire - April 28, 2008) - HTC Purenergy Inc. (TSX VENTURE:HTC) ("HTC") has signed a licensing agreement with Doosan Babcock Energy Ltd, for a project submission on a UK Government sponsored initiative to install and demonstrate a 300 MW Carbon Capture and Storage project integrated into a coal fired power plant.

Headquartered in Crawley, UK, Doosan Babcock Energy Ltd ("Doosan Babcock") is one of the world's premier power plant constructors, operating out of 20 offices and employing 5,000 staff in more than 150 locations worldwide. A founding member of the UK Carbon Capture and Storage Association, Doosan Babcock is recognized globally for providing innovative solutions to reduce carbon emissions and improve performance throughout the energy sector. Specializing in Power Plant Original Equipment Manufacturing (OEM) and Power Plant Construction, Doosan Babcock has completed projects totaling more than 160,000 MWe of capacity worldwide.

Doosan Babcock Energy Ltd is a subsidiary of The Doosan Group, one of Korea's oldest and largest conglomerates. Founded in 1896, The Doosan Group has 35,000 employees' worldwide, generating annual revenues of close to $20 Billion. A powerful multi-national company with 112 overseas branches in 33 countries, The Doosan Group's core business is based on infrastructure support, with focus on constructing large industrial facilities, desalination plants, supplying heavy construction equipment, as well as chemical processing equipment and facilities.

Lionel Kambeitz, CEO of HTC Purenergy Inc. welcomed the announcement and commented, "HTC is pleased to have the opportunity to become a technology provider to one of the world's most progressive CO2 Capture projects, and to partner with Doosan Babcock Energy Ltd, an internationally renowned Engineering Procurement Constructor (EPC) and OEM of clean coal power plants and emission control technologies."

HTC Purenergy Inc. 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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