SOURCE: SymPowerco Corporation

June 26, 2008 08:30 ET

SymPowerco Acquires Methanol Concentration Sensing Technology

LAS VEGAS, NV--(Marketwire - June 26, 2008) - SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport today announces that the company has acquired the exclusive rights to a Methanol Concentration Sensing Technology that will complement the company's Flowing Electrolyte Direct Methanol Fuel Cell (FE DMFC).

The Methanol Sensor is an important component for the stable and efficient operation of the FE DMFC and, as such, the sensor will form an integral part of the FE DMFC's control system.

The SymPowerco Methanol Sensor is robust, sensitive and has a fast response time to changing methanol concentrations. In addition, the sensor has a linear response throughout broad ranges of methanol concentrations and pH values.

Although the Methanol Sensor has been developed primarily for the FE DMFC's control system, SymPowerco intends to develop expanded markets for the versatile sensor.

The Methanol Sensor forms part of SymPowerco's expanding suite of Intellectual Properties that the company believes will lead to the realization of its primary goal, to bring to market the first truly portable and practical hybrid electric power systems that do not rely on plug-in battery chargers or fossil fuels.

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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