Asia Properties Inc (ASPZ)

[JustJack]

July 8, 2024 / Asia Properties Inc. (OTC PINK:ASPZ) is pleased to provide an update from SRE Power, Inc., on the development of the HyOrc hydrogen engine technology for heavy-duty application.

The HyOrc production planning team has confirmed that product development is now at the end of the B-Sample process of design verification. By the end of Q1-2025, the company plans to complete its development pilot with the HyOrc engine integrated into a truck for product testing purposes.

The HyOrc product development team, with a specific focus on its use as a powertrain for heavy-duty trucks, includes the HyOrc head of R&D, Manoharan Sundaralingam, a veteran inventor of renewable technologies, and Shinichi Hirano, former CTO of Hyzon Motors.

Having already completed and tested the prototype HyOrc engine, the company is very excited about the upcoming milestone of performance testing the pilot HyOrc in a heavy-duty vehicle.

SRE Power Inc.

SRE Power, Inc. is a pioneering cleantech company with technology derived from five revolutionary mobility & power patents. The company is dedicated to developing the innovative HyOrc technology for use in decarbonizing various industries, with a focus on sustainability and performance. SRE is currently rolling out a portfolio of renewable energy power plants, which include geothermal, waste heat recovery, and hydrogen power.

Please visit our new website: www.srepower.com

Asia Properties, Inc.

ASPZ is an OTC Pink Market company focused on developing the HyOrc engine technology for heavy-duty trucks, trains, and ships. The Company intends to change its name to HyOrc, Inc.