SOURCE: IO Circuit

October 06, 2006 06:30 ET

(OTC PK: HYPF) Last Trading Day Before 3 for 1 Stock Split

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- October 6, 2006 -- HyPower Fuel Inc. (PINKSHEETS: HYPF) announces the official date for the forward stock split that has been approved by the Board of Directors.

HyPower Fuel Inc.'s Board of Directors met this week to discuss a proposed forward stock split on the company's common stock. During the meeting it was agreed that the company will proceed with a 3 for 1 forward stock split. It was also established that the "Record Date" -- the date in which you must be in possession of the stock prior to 5:00 pm EDT will be Friday, October 6th, 2006 and the "Effective Date" -- the date on which the split will occur -- to be Tuesday, October 10th, 2006.

"We would like to continue building shareholder interest, while maintaining our strong shareholder base," states Mr. Doug Bender, President of HyPower Fuel Inc.

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