SOURCE: Hybrid Energy Holdings, Inc.

February 05, 2010 08:30 ET

Hybrid Energy Holdings Acquisition Strategy Affirmed by Industry at Davos World Economic Forum

RENO, NV--(Marketwire - February 5, 2010) - Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) cites industry consensus of the World Economic Forum in Davos, Switzerland as further validation of business strategy and current energy property portfolio.

Executives of Royal Dutch Shell, BP, and Cambridge Energy Research Associates characterized the new advances in Natural Gas extraction as a "Game Changer" and a "big deal" in addressing global concerns about rising dependency on oil and the need to develop cleaner energy to slow climate change.

In fact, Daniel Yergin, chairman of Cambridge Energy Research Associates, said in an interview that "the biggest development of the first decade of the 21st century is not solar, not wind, but unconventional gas."

These statements coincide with recent announcements by such oil giants as Exxon and Halliburton regarding their continued Natural Gas investment strategy.

Consistent with this energy strategy, Hybrid Energy's latest acquisitions span 9 properties that consistently deliver profitably with strong recurring current and historical cash-flows. This important expansion of the company's portfolio results in 35,000,000 BCF of known reserves and delivers an estimated $30,000,000 of shareholder value in active reserves and an additional estimated $145,000,000 in yet untapped reserves of current properties.

Natural gas, which burns 50 percent cleaner than oil, is used mainly as an alternative to coal in power generation, and it could help reduce dependency on oil for transportation as the development of electric car batteries moves forward.

About Hybrid Energy Holdings

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH may acquire promising nascent energy technology or technology rights as portfolio enhancing assets. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH's fuel production acquisitions provide expertise in the recovery of oil and gas reserves in both mature and marginal fields. The company's operational teams deliver production improvements and developmental and low risk exploration as part of its acquisition strategy for its fuel producing subsidiaries. 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 acquisition profitability and mitigated-risk funding structures provides ongoing portfolio viability and 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 disclosures contain various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.

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