HYPF Hypower Fuel Inc (CE)

HyPower Fuel Inc. (HFI) (Pinksheets: HYPF) is pleased to provide an update on its innovative, hydrogen division which has products for the transportation industry. Mr. Douglas Bender, President of HyPower Fuel, stated that �in the past few months we have had the pleasure of being inundated with calls and orders for our Hydro Power Pak (HPP) and H2 Reactor (H2R) products for hydrogen insertion and production. Currently, we receive a large number of calls every day from purchasers and interested parties desiring to buy one of our products. These callers range from fleet operators to single vehicle owners intent in saving on their fuel usage.� Doug Bender also said that �we have been unable to accommodate the calls of demand for our products. This is despite the fact that we have recently decided to increase our retail sale prices by over 10%. We are now in the process of establishing a listing of backordered units which, in all likelihood, will be approximately 1,000 units.� Finally, Mr. Bender reiterated that �HyPower is truly a leader in green, alternative fuel technologies. Soon, we will be releasing the remainder of our hydrogen videos and our new videos on our �other� green technologies. I am confident that 2008 will be a profitable year for HyPower and its shareholders.� About the H2 Reactor (H2R) The H2 Reactor is one of HyPower Fuel�s technologies. It is an electrolyzer that uses a unique process of electrolysis to create hydrogen and oxygen gases from water. It can be used on-board for injection into any internal combustion engine. After extensive technical research and development work, HyPower believes that the H2 Reactor�s electrolysis process is technologically the most efficient to date in terms of oxy-hydrogen production to an electrical input. The H2 Reactor can be used in any manufacturing, transportation, business or household application involving heat or combustion. HyPower also hopes to adapt this technology for a variety of purposes including improving the production capacity of plants requiring heat processes. About HyPower Fuel Inc. HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy using environmentally beneficial processes. HyPower is currently commercializing the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall energy performance and efficiency. 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. 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.