American Security Resources Corp. (ARSC)

[krays]

Nothing confidential -- All public knowledge -- Same story line for months!!

BEAVERTON, Ore., Dec 11, 2008 (BUSINESS WIRE) -- Hydra Fuel Cell Corporation
(www.hydrafuelcell.com), a wholly owned subsidiary of American Security
Resources Corporation (OTCBB:ARSC), announced today that testing is in progress
on the fuel cell stack that is the core of the commercial production
HydraStax(R) 5000 fuel cell system.

Jim Twedt, President and CEO of Hydra, said, "Our in-house testing, which is
going very well, precedes third party testing which is the final step to
completing certification with CSA-International."

Twedt continued, "We are also finished with the other major parts of the fuel
cell, our gas control and cooling systems. We continue to make some improvements
in the balance of the plant that will complete the commercial system. This fuel
cell design is a radical departure from our previous PEM based fuel cell
designs. Our lower operating temperatures and other newly integrated features
should yield a significantly longer lifetime for the HydraStax(R) system. Also
the compact size makes this fuel cell stack one of the highest energy density
generators in the world today."

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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."


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