HyPower Fuel Inc.
PINK SHEETS : HYPF

February 08, 2011 08:03 ET

HyPower Fuel Issues Shareholder Update

HIGH RIVER, ALBERTA--(Marketwire - Feb. 8, 2011) - HyPower Fuel Inc. (PINK SHEETS:HYPF)

HyPower wishes to take this opportunity to update its shareholders on several aspects of its business plan and it's technologies over the next few weeks.  These announcements will contain analyses of specific sectors of the alternative fuel industry in which the Company operates and on novel additional technologies under development.

Investors can expect to be updated in a timely manner on the following:

  • Steps being taken to improve the Company's financial position   and results of operations;
  • Acquisition and development of intellectual property, technology, and patent filings;
  • Updates to the Company's website;
  • Additional appointment to the Company's Advisory and Business Development Boards.
  • Acquisition of operations and/or Joint Ventures to expand the Company's asset and revenue bases;
  • Development agreements with governmental and industry partners;
  • Updates and information on the Company's proprietary technology and development;
  • Revenue estimates for each of the Company's business sectors; and
  • Updates on the Company's changes in management and steps to uplist to a higher tier or exchange.

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

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 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.

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