HYPF Hypower Fuel Inc (CE)

HyPower Fuel Inc. (HFI) (Pinksheets: HYPF) is pleased to announce that it has been actively working on utilizing its innovative, green technologies to more efficiently and cost effectively produce biofuels. Mr. Douglas Bender, President of HyPower Fuel, enthusiastically stated that �our new focus came as a result of some opportunities that presented themselves through major potential clients. One of the new applications for our technology has been the more efficient and cost effective production of biofuels. We have established the HyPower Biofuels Limited Partnership to jointly develop and commercialize what we believe to be the most efficient method of producing biofuels in general which includes biodiesel�. Doug Bender further stated �we have designed and built a small scale biodiesel plant for which we developed an oxy-hydrogen charge reactor based on our H2 Reactor technology. The results that we have achieved on the production of biodiesel can best be described as a great advance in biodiesel production. We have had a number of national and international potential clients visit us recently with the intention of purchasing the rights to the technology for single plants and for entire countries. We are confident that our shareholders will see HyPower achieve impressive profitable operations this year.� 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. 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, 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.