Hydrogen Engine Center Inc (HYEG)

[THE LURKER]

NEWS!

Micros Report Initiates Coverage of Hydrogen Engine Center With Favorable Report
Micros Report is pleased to announce the release of its recently completed Research Report covering Hydrogen Engine Center, Inc. (OTCBB: HYEG), discussing both the company and the emerging Alternative Power Industry. The report is available at http://www.mn1.com/pdf/HYEG_Final.pdf. Micros Report Director of Research, Michael A. Willingham, authored the report -- which includes an estimated Fair Value Target Range for HYEG of $5.72 to $8.33 per share. Willingham stated in his report:

-- "...the HYEG fair value was calculated by comparing the company's
current market value with that of competitors with similar accomplishments
to date."
-- "The base fair value of $5.72 is computed by calculating an average
market capitalization of industry competitors... The average market
capitalization in this industry segment is $155 million and the current
HYEG market cap is $88 million. Simply bringing HYEG in-line with current
competitors equates to a current share price of $5.72."

This comprehensive report initiates research coverage on Hydrogen Engine Center http://www.mn1.com/pdf/HYEG_Final.pdf. Interested parties can read the entire report for insight into the Alternative Power Industry and how Hydrogen Engine Center has positioned itself to be a part of the solution.

About Micros Report:

The Micros Report is the only LIVE WebTV feed dealing with financial news focused expressly on microcap investment analysis, and it streams to every area of the world. Hosted by Mike "the Analyst" Willingham, The Micros Report provides traders, brokers, investors, and market makers the necessary information to trade intelligently in the penny stock market. Mike has passed the required tests to be recognized by the NASD as a Supervisory Research Analyst as brings this investment know-how LIVE to his viewers every trading day.

The Micros Report focuses on undervalued investment opportunities and momentum style investments to draw the attention of the viewers to the potential money makers of each day. With the added benefit of being highly interactive, The Micros Report becomes "Your" Micros Report as Mike takes phone calls LIVE on the air and communicates with any member of the viewing audience anywhere in the world via his instant messenger account "MicrosReport." In fact, Mike regularly receives LIVE real-time messages from viewers in North America, the Far East, Europe, and once even from a viewer on his boat 500 miles off the coast of Florida!



Source: Market Wire (February 26, 2007 - 12:07 PM EST)

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