SOURCE: HyperSolar, Inc.

HyperSolar, Inc.

November 18, 2014 03:30 ET

HyperSolar Looks to Future as Hydrogen Fuel Demand Increases

As Auto Manufacturers Ramp Up Developments, New Report Highlights Increased Demand for Hydrogen Fuel

SANTA BARBARA, CA--(Marketwired - November 18, 2014) - HyperSolar, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today commented on a recent report highlighted by trends and projections for hydrogen fuel production. The forecast for increased hydrogen demand, coupled with announcements from major auto manufacturers, has created a heightened level of excitement throughout the renewable energy industry.

Freedonia, an industry market research firm, recently published its 'World Hydrogen Market Report', in which it stated, "Global consumption of merchant and captive hydrogen is forecast to increase 3.5 percent annually through 2018 to 290 billion cubic meters." The report also cites the advancement of fuel cell vehicles as being a driving factor of hydrogen fuel development, as well as emissions regulations that are forcing automakers to pursue alternative methods of fuel other than traditional gasoline and diesel. While citing the US as the leader in hydrogen fuel production, the report also indicates that China will undergo the greatest share of growth, due to enacting tighter restrictions to combat their well-chronicled air pollution issues.

The auto manufacturing industry has continued to advance hydrogen fuel cell vehicles at an impressive pace, as recent announcements have placed hydrogen fuel ahead of electric vehicles in terms of viability. In fact, The Los Angeles Times recently quoted Craig Scott, the company's national manager of advanced technologies, as saying, "Today, Toyota actually favors fuel cells over other zero-emission vehicles, like pure battery electric vehicles." Volkswagen, the popular German auto manufacturer, also announced plans to unveil their hydrogen FCV at the Los Angeles Auto Show later this month. Meanwhile, Hyundai recently rolled out their fleet of 'ix35Hydrogen Fuel Cell' vehicles to customers in the UK, following a funding announcement from the UK government providing £11 million of extra funding for hydrogen filling stations.

HyperSolar, which recently announced a technological breakthrough bypassing an expensive procedure and increasing efficiency for the process of separating hydrogen and oxygen, is confident that this increase in demand throughout international markets will continue. In addition to popular and well documented fuel cell vehicle development, there is increased attention from the industrial space, as major retailers including WalMart and Ace Hardware, and aircraft manufacturer Airbus, pursue hydrogen fuel technology as a viable replacement to diesel and gasoline fuels.

Currently, most hydrogen fuel is produced from natural gas through a steam-reforming process creating what is known as "brown hydrogen." HyperSolar utilizes a completely renewable process involving a submersible photovoltaic application that mimics photosynthesis in its ability to use sunlight to split water molecules, effectively creating "green hydrogen." Some states, such as California, mandate that a certain percentage of hydrogen-produced fuel be developed using renewable efforts, meaning that as the demand for hydrogen fuel grows, the demand for "green hydrogen" will grow as well.

"This documented increase in demand for hydrogen fuel production is only the beginning of what we believe to be one of the most impactful energy breakthroughs in recent history," said Tim Young, CEO of HyperSolar. "As the demand for hydrogen fuel continues to grow, we believe the market for "green hydrogen" produced via a completely renewable process, will increase considerably. HyperSolar is poised to meet that demand by further developing our technology to produce cost-effective renewable hydrogen at or near the point of distribution."

HyperSolar's technology is based on the concept of developing a low-cost, submersible hydrogen production particle that can split water molecules using sunlight without any other external systems or resources - acting as artificial photosynthesis. 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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