Press Release Source: HyPower Fuel, Inc.
HyPower Announces Dr. Ricketts Joins Advisory Board
Thursday March 22, 7:30 am ET
WILMINGTON, Del.--(BUSINESS WIRE)--HyPower Fuel, Inc. (OTCPK: HYPF) is pleased to announce that Dr. S. Clifton Ricketts, Ph.D. has agreed to sit on the HyPower Fuel, Inc. Scientific Advisory Board. Dr. Ricketts recently attended the filming of a live demonstration hosted by HyPower to illustrate their H2 Reactor, which inspired Dr. Ricketts to join the Advisory Board. Dr. Ricketts' experience in alternative fuels includes numerous accomplishments and exhibitions. He is presently working on a Plug-in Flex Fuel Hybrid System using a solar unit to generate electricity - essentially running a vehicle from sun and water.
"The demonstration and filming of the H2 Reactor's efficiency was very informative and the technology displayed exceeded my expectations," stated Dr. Ricketts. "I look forward to working closely with HyPower as I believe its technology could fit very well into my vision of a Plug-in Flex Fuel Hybrid Alternative Fuel Vehicle."
"We are extremely proud and gratified that someone of Dr. Ricketts' stature in the alternative fuel industry has decided to become involved with our company and our exciting H2 Reactor technology," said Douglas Bender, President of HyPower Fuel, Inc. "I wish to apologize for the webcast delay, but I assure our shareholders that the filming is now complete. Our production team is now busy in post-production editing the footage and we look forward to having the finished webcast available very soon," added Bender.
About Dr. S. Clifton Ricketts
Dr. S. Clifton Ricketts has been a Professor at Middle Tennessee State University for over 30 years and has a B.S. and M.S. from the University of Tennessee and a Ph.D. from The Ohio State University. He has been involved with alternative fuel research since 1978 and his vast experience with alternative fuels include running engines off ethanol from corn, hydrogen from water and methane from cow manure. His work has been exhibited at the 1982 World's Fair and the Atomic Energy Museum in Oak Ridge. There is coverage of his work at the Smithsonian Institute and he is a 15 year holder of the Land Speed Record for a hydrogen vehicle at the Bonneville Salt Flats. Dr. Ricketts' biography and resume may be found on www.hypowerfuel.com.
About the H2 Reactor (H2R)
The H2 Reactor is an electrolyzer that uses a unique process of electrolysis to create hydrogen and oxygen gases from water. After extensive technical research and development work with its partners, HyPower believes that the H2 Reactor's electrolysis process is technologically the most efficient to date with an unprecedented ratio of 1 liter of hydrogen production to an electrical input of 1 watt hour. This is approximately 2 to 2.5 times more efficient than the current state of the competing technology.
About HyPower Fuel, Inc.
HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy through hydrogen production and hydrogen related products. HyPower has successfully commercialized the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall performance and efficiency of the internal combustion engine while burning gasoline, diesel, natural gas, liquid propane, ethanol, methanol or a combination of fossil fuels and biofuels. For more information, please visit: www.hypowerfuel.com.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
Contact:
HyPower Fuel, Inc.
Investor Relations:
Stephen Taylor, 973-351-3868
STEPHTAYL9@AOL.COM
www.hypowerfuel.com
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Source: HyPower Fuel, Inc.
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