SOURCE: Hybrid Energy Holdings, Inc.

July 13, 2010 08:30 ET

Hybrid Energy Anticipates Increased Revenues and Asset Valuation: Obama Calls for $5B in Clean Energy Tax Credits

RENO, NV--(Marketwire - July 13, 2010) -  Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced today it has revised upwards the revenue projections and the market value of its core asset holdings based on Presidents Obama's call last Friday for Congress to expand a clean energy tax. Obama told an audience at the University of Nevada that a $5 billion increase in clean energy manufacturing could generate nearly 40,000 jobs.

The Company's New Energy Initiative calls for the aggressive investment in, and acquisition and development of nascent 'New Energy' technologies, Intellectual Property assets , and operations in the Clean Energy, Energy Smart Technologies and Carbon Capture & Storage sectors of the Energy Sector; which will all benefit from the $5 billion clean energy tax.

Hybrid Energy believes PV and Solar Thermal Market, particularly for residential and commercial use, is a high growth sector that promises to become a significant and vital energy option primed for strong sales growth of the company's holdings and technologies. The worldwide market for Organic Photovoltaic (OPV) and Dye-Sensitive Cell (DSC)-based photovoltaics are expected to grow to $1 Billion with the next five years; and the Solar Thermal market anticipates 46% annual growth rates over the next decade. 

The Company recently announced the signing of formal Development and Distribution Agreement wherein KS IP Holdings, LLC (KS-IPH) acquired exclusive development and distribution rights for specific consumer applications of the Photovoltaic (PV) and Solar Thermal technology Intellectual Properties (IP) previously acquired by HYBE.

The five year agreement calls for the payment to the Company of a minimum of $25 million over the first five year term, in a combination of fees and royalties.

The Company's foundation-building Phase I strategic plan called for traditional and proven fuel production acquisitions to establish revenues and assets. Building on its success, the Company launched Phase II of its growth strategy and began its transition to alternative and renewable energy and technology revenue models.

The Company successfully established a strong and growing asset based of clean energy producing assets with strong recurring profits and cash-flows. The company recently announced important clean and renewable energy assets as part of its transition to a sustainable and renewable energy revenue model. The company is assessing the acquisition of several new assets, operations and technologies and encourages further technology submittals and developmental joint ventures through the Merger & Acquisition portal at www.HybridEnergyHoldings.com

About Hybrid Energy Holdings

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. The Company acquires sector-specific technology and assets as part of its Phase II Clean Energy Initiative. HEH's prior foundation building acquisitions focused primarily on traditional and proven fuel production has transitioned its growth strategy to adding the latest in energy conservation, reclamation, 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: www.HybridEnergyHoldings.com

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 filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.

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