American Security Resources Corp. (ARSC)

[krays]

NEWS!!

HOUSTON, Dec 17, 2008 (BUSINESS WIRE) -- American Security Resources
Corporation (OTCBB:ARSC) announced today that it has formed a subsidiary,
American Security Capital Corporation, to provide financing options to buyers of
products manufactured by its subsidiaries Hydra Fuel Cell Corporation and
American Hydrogen Corporation.

Bob Farr, President and COO of ARSC, stated, "As we prepare to start
manufacturing for our $21,000,000 purchase order backlog, and based on
discussions with our distributor and inquiries we have received at Hydra Fuel
Cell, we believe that being able to offer a variety of financing and leasing
options will speed the rollout of Hydra's fuel cells and American Hydrogen's ACE
units." Farr continued, "We are currently in discussions with a finance industry
veteran to establish the funding for this company, and we expect that funding
capability to lead to new opportunities for our shareholders that might include
partnerships operating large numbers of fuel cell installations and other types
of leveraged transactions."

American Security Resources Corporation

ARSC is a holding company actively seeking to acquire companies and technologies
that will advance the development of alternative energies. ARSC, through its
Hydra subsidiary, is developing high volume, mass producible hydrogen fuel
cells. Its American Hydrogen Corp. subsidiary is developing a method to
inexpensively formulate hydrogen from ammonia. For more information, please see:
www.americansecurityresources.com.

Safe Harbor Statement

This news release contains certain "forward-looking statements" within the
meaning of Section 27a of the Securities Act of 1933 and Section 21e of the
Securities Exchange Act of 1934. Although the Company believes the expectations
reflected in such forward-looking statements are reasonable, it can provide no
assurance that actual results will meet or exceed such expectations.

SOURCE: American Security Resources Corporation



CONTACT:
American Security Resources Corporation
Frank Neukomm or Bob Farr, 713-465-1001
[e-mail]