HyPower Fuel Inc.
PINK SHEETS : HYPF

April 27, 2011 13:42 ET

HyPower Fuel Announces Game Changer Acquisition Site Visit

CALGARY, ALBERTA--(Marketwire - April 27, 2011) - HyPower (PINK SHEETS:HYPF) hereby reports that it has accepted an invitation for a site visit to the second Target Companies (TC's) engineering consulting firm to perform due diligence prior to signing the Definitive Agreement. Mr. Douglas Bender, CEO of HyPower, was ecstatic in his praise of the TC's technology "Currently we are in a stand-still phase while due diligence is progressing, but with each day new markets and opportunities for this Game Changer technology become more apparent and real. I am truly excited that we will be provided such unrestricted access to the TC's entire engineering team. This technology is truly one of a kind, leading edge, game changer technology that has applications in the medical, oil and gas, automotive and household markets. The date of the site visit is a logistical matter and we will advise more when it occurs."

Mr. Bender went on to reiterate that "The due diligence on the first TC is proceeding well and we continue to assist both TC's in developing their websites, revenue projections and will be providing details on this in the near future."

About HyPower Fuel Inc.

HyPower is a category leading company in the energy technology sector, providing innovative, clean alternative energies through unique methods. Currently HyPower has hydrogen insertion/production and biodiesel technologies in development and/or in the product commercialization stage. For more information please visit: www.hypowerfuel.com and/or contact us at: hypower@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 actual results achieved 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.

Contact Information

  • Newstrack Communications
    (587) 987-8585