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Wednesday, December 13, 2006 11:32:56 AM
Business Wire - December 13, 2006 11:31
WILMINGTON, Del., Dec 13, 2006 (BUSINESS WIRE) -- HyPower Fuel Inc. (PINKSHEETS:HYPF) is pleased to announce that Trivest Acquisition Corp., its distributor in Brazil, has provided HyPower with a purchase order for 30 Hydro PowerPak units to provide initial inventory for its distributors in the Republic of India. As previously announced, Trivest is a private corporation with business interests in South America, Latin America, Europe and India. "Our Brazilian distribution network has shown immense interest in support for with the HPP unit and we believe it is now time to begin introducing the HPP product to our entire distribution network" explained Mr. Michael Hattenburg, Senior Partner at Trivest Acquisition Corp. Mr. Hattenburg, went on to say that "Trivest expects to be placing additional orders for HPP units for both Brazil and India early in the new year."
Mr. Douglas Bender, President of HyPower Fuel Inc. responded by saying that "we are confident that the Hydro Power Pak will be well received in a India given their high fuel prices. Operators all over the world are definitely trying to reduce their operating expenditures, of which fuel and lubricants now comprise their number one cost."
Statistics show that urban air quality in India ranks among the world's worst with the number of air pollution related ailments requiring medical treatment and hospitalization rising to over 25 million, an approximately of 40% in the past 14 years. It is also estimated that poor air quality also accounts for 66% of all premature deaths in India. World-wide it is believed that there are three million premature deaths caused by air pollution, over half of which are in India.
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