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Tuesday, 10/03/2006 1:09:41 PM

Tuesday, October 03, 2006 1:09:41 PM

Post# of 36
HYDP This is from the most recent Barrons report. It has some exposure now.

HYDP appears well-positioned to benefit from the development of hydrogen powered vehicles...the Army has begun a year-long test of the hydrogen-powered Equinox [for] Army needs. General Motors (GM) has set a deadline of 2010 to develop a price-competitive fuelcell-powered vehicle for the mass market...HYDP's wholly owned subsidiary, Hydrogen Power Inc, has developed a patented hydrogen-production technology, Hydrogen Now, which uses a chemical reaction between water, aluminum and an environmentally friendly catalyst to produce hydrogen, and a first-generation AlumiFuel hydrogen-power product...In June, HPI said it had converted a 2006 Ford Ranger XL truck to a hydrogen hybrid...HPI [appears] well positioned to benefit if and when a market for hydrogen-powered vehicles materializes. Reiterating Neutral.

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