SOURCE: HyPower Fuel Inc.

August 17, 2009 08:00 ET

HyPower Fuel Announces Environment Energy Centre Project

HIGH RIVER, AB--(Marketwire - August 17, 2009) - HyPower Fuel Inc. (PINKSHEETS: HYPF) previously announced its vision of an Environmental Energy Centre (EEC) for the construction and advancement of biofuel and alternative energy technologies and processes.

Mr. Douglas Bender, President of HyPower, today announced that "HyPower and its development partners will undertake to construct an Environmental Energy Centre in a non-food feedstock location. The EEC will own and control sufficient feedstock sources to ensure the longevity and profitability of the overall project."

Mr. Bender went on to explain that "The single largest hurdle to the construction of any biofuel plant is the assurance of a cost-effective and reliable source of feedstock, particularly non-food feedstocks whose price can often fluctuate widely with the price of oil. This became even more apparent to us after we attended the recent Biodiesel and Biomass National Conferences in San Francisco and Portland. We outlined our plan for an EEC and it was well received by venture capitalists, equipment suppliers, growers, feedstock providers, technology providers and the general public. The contacts we made at the Conferences are invaluable in allowing us to capitalize on our technologies in multiple jurisdictions."

About the HyPower Environmental Energy Centre (EEC)

The HyPower Fuel Environmental Energy Centre is a plan to utilize a single location and multiple resources to build a completely closed-loop, self-sustainable energy complex which will make use of a variety of technologies and processes including HyPower's proprietary technologies.

About HyPower Fuel Inc.

HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative, clean alternative energies through unique methods. Currently HyPower has hydrogen insertion and production technologies and biodiesel production technologies in development and/or in the product commercialization stage. For more information please visit: www.hypowerfuel.com

Safe Harbor

This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of HyPower Fuel Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to these risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

Contact Information

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