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Tuesday, 03/26/2002 8:38:03 PM

Tuesday, March 26, 2002 8:38:03 PM

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Hydro Environmental Resources, Inc. is proud to announce the appointment of Marc S. Page as Chief Executive Officer. Mr. Page comes to Hydro Environmental Resources with over 15 years experience operating small companies and providing consulting services to entrepreneurs and start-up firms. Mr. Page was involved in the telecommunications industry in the late 1980's and the alternative energy industry throughout the 1990's. His education includes an MDE from the Anderson Graduate School of Management at UCLA.

Exciting News!! After a careful review of options to relocate, due to the rules and regulations for the production of hydrogen, Hydro Environmental Resources, Inc. (the Company) has chosen Oregon as a primary location for a production plant. The Company is in final negotiations for a location and looks forward to commencing operations in the near future. Oregon has been very receptive to alternative energy use and the Company is receiving a positive response for conducting business there.


Positive News!! The operating costs for the Company will be substantially reduced by their move. The new cost structure is more in line with the needs of Hydro Environmental Resources to utilize capital to meet the demands from operations. The reduction in expenses will allow the Company to more rapidly move ahead with plans for completing their next stage of operations with the goal of full production in the coming year.



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