HyPower Retains Patent Attorney for H2 Reactor Hydrogen Electrolysis Process
11 Diciembre 2006 - 3:34PM
Business Wire
HyPower Fuel Inc. (OTCPK:HYPF) is pleased to announce that it has
retained the services of renown patent attorney, Mr. Robert Shaver
of Dykas Shaver & Nipper, LLP to commence work on a process
patent for its newly developed high-efficiency electrolyzer. The H2
Reactor is an electrolyzer that uses a unique process of
electrolysis to create hydrogen and oxygen gases from water. After
extensive technical research and development work with its joint
venture partner, HyPower believes that the H2 Reactor�s
electrolysis process is technologically the most efficient to date
with an unprecedented ratio of 1 liter of hydrogen production to an
electrical input of 1 watt hour. This is approximately 2 to 2.5
times more efficient than the current state of the competing
technology. �This is a very big development for HyPower and for the
electrolyzer market in general! After extensive testing we believe
this process is a major breakthrough in the hydrogen production
sector. In addition to hydrogen production this process can be
adapted to create an on board, on demand system to power vehicles
as well,� said Mr. Doug Bender, President of HyPower. Hydrogen is
currently used extensively to make ammonia, methanol, gasoline,
heating oil, and rocket fuel. It is also used to make fertilizers,
glass, refined metals, vitamins, cosmetics, semiconductor circuits,
soaps, lubricants, cleaners, and even margarine and peanut butter.
Hydrogen can be used to fuel today�s internal combustion engine
vehicles and tomorrow�s fuel-cell vehicles. Hydrogen could also
replace today�s natural gas for heating and cooling homes and
powering hot water heaters. �With our current HPP product now being
introduced in the market as a hydrogen insertion device,
development of the H2 Reactor is the next logical step for HyPower
to become a hydrogen producer� Mr. Bender added. About HyPower
Fuel, Inc.: HyPower Fuel, Inc. is a category leading company in the
energy technology sector, focusing on providing innovative
alternative energy through hydrogen production and hydrogen related
products. HyPower has successfully commercialized the integration
of hydrogen production and hydrogen insertion technologies using
electrolysis to improve the overall performance and efficiency of
the internal combustion engine while burning gasoline, diesel,
natural gas, liquid propane, ethanol, methanol or a combination of
fossil fuels and biofuels. HyPower's signature product, the Hydro
Power Pak (HPP), has demonstrated a significant impact on the
performance of engines while at the same time increasing fuel
economy, significantly reducing harmful emissions, inducing a
cleaner more efficient burn, and increasing torque and horsepower.
The HPP results in greater productivity, less carbon residue and
sludge build-up and overall increased operating efficiency. HyPower
is also engaged in the research and development of hydrogen
production technology and biofuel products. For more information
please contact Investor Relations at (973) 351-3868 or visit:
www.hypowerfuel.com. Safe Harbor Statement Statements about the
Company's future expectations and all other statements in this
press release other than historical facts, are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such forward-looking
statements be subject to the safe harbors created thereby. The
above information contains information relating to the Company that
is based on the beliefs of the Company and/or its management as
well as assumptions made by and information currently available to
the Company or its management. When used in this document, the
words "anticipate," "estimate," "expect," "intend," "plans,"
"projects," and similar expressions, as they relate to the Company
or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
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