HyPower Fuel Inc.

May 10, 2011 14:14 ET

HyPower Fuel Announces Revenue Projection Indicators

CALGARY, ALBERTA--(Marketwire - May 10, 2011) - HyPower (PINK SHEETS:HYPF) hereby reports that it has been assisting both Target Companies (TC's) with their revenue projections and this work is proceeding well. HyPower CEO, Douglas Bender reports that "all indicators reveal that both TC's are in high growth industries with products and services very much in demand. For example, TC2's first product offering is in a market that is growing at a CAGR of 7%. The global market is estimated to be $28 billion by 2014 with the U.S. and EU showing the highest growth and absorption rates."

Mr. Bender continued by saying that "all indicators are that TC2's first product is a leading edge technology that will revolutionize the industry. Industry and engineering experts are impressed by the product and believe that it will be a phenomenal success. We are being very quiet on this technology until patents are filed and the technology is fully protected in all leading geographic areas."

About HyPower Fuel Inc.

HyPower is a category leading company in various technology sectors, providing innovative, environmental technologies through unique methods. 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