HyPower Strengthens Business Advisory Board Adding Former VP of Operations from VitalAire a Subsidiary of Air Liquide
31 Mayo 2007 - 12:04PM
Business Wire
HyPower Fuel Inc. (PINKSHEETS: HYPF) is pleased to announce that it
has added Mr. Wayne Fowler to its Business Advisory Board. Mr.
Fowler is a former Vice-President of Operations with VitalAire, a
subsidiary of Air Liquide. VitalAire is a large supplier of
respiratory, medical gases and medical gas systems in over 40
countries worldwide. Air Liquide is a world leader in the provision
of industrial and medical gases with a presence in over 70
countries and with gross revenues of over $14 billion. Mr. Fowler
stated that �I am excited by the economic possibilities and
opportunities made available by the H2 Reactor. In business I have
found that the smartest and the fastest usually takes the day and
the H2 Reactor is a home run type of product in that it just makes
sense for many business applications. I look forward to my business
relationship with HyPower Fuel Inc.� Mr. Doug Bender, President of
HyPower stated that �we are pleased to be able to attract a results
oriented business advisory member like Wayne Fowler to HyPower. His
successful management background and experience in the production
and sales of medical and industrial gases with VitalAire will
provide HyPower with tremendous assistance in locating and securing
strategic and joint venture partners in a variety of industries.�
About the H2 Reactor (H2R) 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, 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 times more
efficient than the current state of the competing technology. The
H2 Reactor can be used in any manufacturing, business or household
application involving heat or combustion. HyPower also hopes to
adapt this technology for transportation purposes by enabling
vehicles to burn oxyhydrogen produced on-board and on-demand either
in a hybrid or a sole source fuel scenario. 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. For more information please visit:
www.hypowerfuel.com Safe Harbor 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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