HyPower Fuel Producing Retail Biodiesel to Industry ASTM Standards
29 Abril 2008 - 6:30AM
Business Wire
HyPower Fuel Inc. (PINKSHEETS: HYPF) is pleased to announce that
over the past few months it has been testing a variety of
feedstocks with its cutting edge biodiesel technology and has
successfully met ASTM standards using its prototype plant. Mr.
Douglas Bender, President of HyPower, commented that �It is
extremely important for HyPower to consistently meet ASTM (American
Society for Testing and Materials) Biodiesel Standard D6751 as this
removes one of the conditions precedent in the contracts that we
are currently negotiating for the use of our process. Having
achieved this benchmark and its European equivalent (EN14214) moves
us one step closer to assuring that we will commence building
multiple plants this year.� Mr. Bender went on to say that �we will
now send our test samples away to an independent laboratory to
verify our internally generated results and will provide the
details of this additional level of testing within the next two
weeks.� About the HyPower Biofuel Process The HyPower Biofuel
process is a cutting edge biodiesel technology that has a number of
competitive advantages over conventional biodiesel production
methods. The HyPower process uses essentially no catalysts or water
to produce biodiesel. All inputs are recovered or converted to
saleable products. The capital and environmental footprints of the
process should be significantly less than conventional means of
biodiesel production. About HyPower Fuel Inc. HyPower Fuel, Inc. is
a category leading company in the energy technology sector,
focusing on providing innovative, clean alternative energies
through unique methods. Currently HyPower has hydrogen insertion
and production technologies and biodiesel production technologies
in development and/or in the product commercialization stage. For
more information please visit: www.hypowerfuel.com Safe Harbor This
press release shall not constitute an offer to sell or a
solicitation of an offer to buy securities of HyPower Fuel, Inc.
Certain statements in this release and other written or oral
statements made by or on behalf of the Company are �forward looking
statements� within the meaning of the federal securities laws.
Statements regarding future events and developments and our future
performance, as well as management�s expectations, beliefs, plans,
estimates or projections relating to the future are forward-looking
statements within the meaning of these laws. The forward looking
statements are subject to a number of risks and uncertainties
including market acceptance of the Company�s services and projects
and the Company�s continued access to capital and other risks and
uncertainties. The actual results the Company achieves may differ
materially from any forward-looking statements due to such risks
and uncertainties. These statements are based on our current
expectations and speak only as of the date of such statements. The
Company undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of future events,
new information or otherwise.
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