SOURCE: HydroFlo, Inc.

November 28, 2005 09:45 ET

HydroFlo Announces New Chief Financial Officer

RALEIGH, NC -- (MARKET WIRE) -- November 28, 2005 -- HydroFlo, Inc. (OTC: HYRFE) today announced that Mr. William H. Warden has been appointed Chief Financial Officer of the company.

Mr. Warden held the position of Financial Director of Faulkner/Haynes & Assoc., a distributor of HVAC equipment, in Raleigh, NC. Mr. Warden has also served the Chief Financial Officer of the Athey Products Corp., a manufacturer of street sweeping equipment, where he was responsible for the accounting, financings, and SEC Filings of 10Qs and 10Ks. Mr. Warden's background also includes the positions of Chief Financial Officer of Custom Tint Laboratories, a manufacturer of tinted contact lenses.

"William will be a very strong addition to our management team," said Dennis L. Mast, CEO and Chairman of HydroFlo. "He is a seasoned executive with more than 15 years in-depth experience in finance and life sciences, having worked in development-stage and publicly traded companies in similar industries as the HydroFlo portfolio companies. He has extensive experience in strategic alliances, Securities and Exchange Commission reporting, investor relations, and treasury management."

About HydroFlo

HydroFlo (http://www.hydroflo.us) is a Business Development Company, as defined by the Investment Act of 1940. Headquartered in Raleigh, North Carolina, HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. The mission of HydroFlo is to locate, develop, and fund innovative technologies and businesses and utilize these acquisitions to make pure water available to the world by means of disinfection, purification, and removal of contaminants. It is our belief that water can overcome hunger, disease, poverty, and improve the overall quality of life on earth.

Forward-Looking Statements

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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