SOURCE: Sustainable Power Corp.

Sustainable Power Corp.

June 11, 2009 15:44 ET

Sustainable Power Corp. Shareholder Update

BAYTOWN, TX--(Marketwire - June 11, 2009) - Sustainable Power Corp. (PINKSHEETS: SSTP) presented the following communication from its President and Chief Executive Officer, M. Richard Cutler:

SHAREHOLDERS AND INVESTORS OF SUSTAINABLE POWER CORP.

Over the past two months since our last investor update we have achieved unparalleled advancements in many areas of the Company. In order to further progress the company and its technology, and as a display of my continued commitment, at my own expense, I have relocated my residence to Baytown, Texas and also acquired a residence in Santo Domingo to be better available for our opportunities. Below is a summary of some key developments to-date:

Vertroleum™ Biofuels and Electricity

Domestically, we are currently completing the independent review of our green energy process of conversion of cellulistic biomass into biofuel -- called Vertroleum® -- by a world-renowned and respected university. Our goal is to receive a totally independent, third party validation of our technology and its by-products. Initial updates from the university are on course with our representations and we continue to eagerly await a final definitive report.

Sustainable Produce Corp.

Since my last update, the Company has completed the build-out of the pilot facility in Baytown, Texas. The controlled environment has grown its first crop of organic, pathogen-free basil, which has been harvested and will be utilized as samples to showcase the technology for potential partners. The Company is very pleased with the production yield and as a result demonstrates the concept to be economically viable.

Emissions Remediation Systems

Testing of the Hydrogen On Demand system has been conducted and validated (third party) in the Dominican Republic, whereby the system was installed on a Ford F350 and averaged in excess of 25% increase in fuel efficiency with zero emissions. This is based on approximately 6 to 8 before introduction of the device. The technology is ready for commercialization. The diversity of the technology avails the process to produce substantial savings without limit to fuel-type. The technology was endorsed by Mr. Octavio Lopez, the Director of Mining of the Office of the Secretary of State and he anticipated that the technology would initially be implemented in the Dominican Republic in various aspects of the mining industry.

Sustainable Power Corp. is working with various companies on their Hydrogen On Demand technology, as well as their Green Energy technology alternative. The coming month will prove to be very decisive in the development of the Company in its partnerships and relationships. The Hydrogen On Demand technology has received accolades from those that have witnessed the technology, as has the Green Energy technology. The Company has carefully laid-out the roll-out strategy that is being implemented to allow for the maximum benefit for the Company and its shareholders.

The Company is acutely aware of the extraordinary technologies (and the benefits thereof) it offers to the environment and mankind; but third party, independent validation of the company's technologies will allow for a broader base of investors to participate in potential joint venture opportunities.

About Sustainable Power Corp.

Sustainable Power Corp. is an international green energy total service provider focused on environmentally safe power generation. The company has the exclusive rights in the United States to develop and manage a portfolio of green energy plants utilizing a renewable fuel source able to be produced from non-food feed stock. For more information please visit www.SustainablePowerCorp.us.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.

Contact Information

  • Investor Contact:
    Fusion Consulting Group, LLC.
    (702) 434-8692