SOURCE: HyperSolar, Inc.

HyperSolar, Inc.

December 01, 2015 03:30 ET

HyperSolar Develops New Catalyst Material to Replace Platinum and Drive Down "Green" Hydrogen Production Cost

Sulfide-Based Catalyst Comprised of Earth Abundant, Low Cost Materials Represents a Significant Step in Making Renewable Hydrogen Technology Commercially Viable

SANTA BARBARA, CA--(Marketwired - December 01, 2015) - HyperSolar, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced that it has developed a new, inexpensive catalyst material that the Company believes will significantly reduce the cost of producing hydrogen fuel using its completely renewable water-splitting process.

Over the past three months, the team at the University of Iowa led by Dr. Syed Mubeen Hussaini has engineered a sulfide-based photocatalyst using only earth abundant, non-toxic and inexpensive materials. Initial experimental data suggest this new photocatalyst can outperform platinum, the primary and very expensive catalyst material used in water splitting reactions. The Company believes these findings represent a significant achievement, as it moves closer to reaching its goal of producing low cost renewable hydrogen.

"Although we are still testing, we believe the stability of this new catalyst will allow for long term operation and integration within our high photovoltage solar cells," said Tim Young, CEO of HyperSolar. "This development has the potential to significantly drive down overall system costs, which is a critical factor in achieving market adoption upon commercialization of our technology."

Mr. Young continued, "HyperSolar's renewable hydrogen technology continues to advance at a time when the market opportunity for hydrogen fuel is expanding rapidly across a number of industries worldwide. In addition to the well-chronicled advances by auto manufacturers, countries such as Japan and Germany, as well as the state of Hawaii, continue to pursue infrastructure that will support a hydrogen economy."

"With the industry gaining momentum, we believe the Company is well-positioned to fill the market for renewable hydrogen, as opposed to hydrogen produced from natural gas, at or near the point of distribution for a variety of applications," Mr. Young concluded.

HyperSolar's research is centered on developing a low-cost and submersible hydrogen production particle that can split water molecules under the sun, emulating the core functions of photosynthesis. Each particle is a complete hydrogen generator that contains a novel high voltage solar cell bonded to chemical catalysts by a proprietary encapsulation coating. A video of an early proof-of-concept prototype can be viewed at http://hypersolar.com/application.php.

About HyperSolar, Inc.

HyperSolar is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles. To learn more about HyperSolar, please visit our website at www.hypersolar.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

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