iVoice, Inc.(fka IVOI)

[JustAnotherPenny]

Based upon the present number of iVoice Class A Common Stock shares outstanding, 6,265,563,493 shares, the Hydra shareholders will hold 61.48% of the voting shares of iVoice
SOURCE: IVOI 14C

The transaction contemplated by the Agreement and Plan of Merger may be called a reverse merger. Upon the closing of the contemplated transaction, Hydra will merge into iVoice and iVoice will be the surviving company. However, iVoice will thereafter adopt the business and/or business plan of Hydra. Specifically, iVoice will thereafter be in the business of developing, marketing and selling hydrogen fuel cell electric generators.


Management and Board of Directors after the Merger

Upon the closing of the transaction contemplated by the Agreement, the present management and the members of the Board of Directors will resign after the present Board of Directors elect the following new members to the Board and the officers listed below:

Frank Neukomm (ARSC) Chairman of the Board and Chief Executive Officer
Robert C. Farr (ARSC) President, Chief Operating Officer and Director
James Twedt (HYDRA/ARSC) Executive Vice President and Director

SOURCE: IVOI 14C

Hydra Merger Partner IVOI Starts Countdown With SEC Filing
HOUSTON, Jun 7, 2011 (GlobeNewswire via COMTEX) -- American Security Resources Corporation (Pink sheets:ARSC) today provided a preliminary timeline for the merger of Hydra Fuel Cell Corporation with iVoice, Inc.(Pink Sheets:IVOI).

Frank Neukomm, CEO of ARSC, stated, "With the filing of their information statement with the SEC late last week, IVOI has started the clock for the merger with Hydra. There is a minimum 10 day waiting period at the SEC followed by a 30 day period dictated by IVOI's by-laws. At the end of that period the merger can complete as soon as Hydra completes its financial audits for the years 2009 and 2010. Our auditors are working on those now."

Neukomm continued, "At the time of the merger, ARSC will have majority voting control of IVOI. It will be recapitalized and the name changed to Hydra Fuel Cell Corp., after which we will dividend the Hydra shares to ARSC's shareholders at an expected ratio of one (1) share of new Hydra stock for each 150 current shares of ARSC. We expect that the value of Hydra is such that its initial trading range could be between $0.08 and $0.16 per share."

Hydra Fuel Cell Corporation

Hydra Fuel Cell Corporation has developed a highly efficient, mass producible hydrogen fuel cell, the HydraStax(R) 5000. Hydra has demonstrated its fuel cell technology in live demonstrations from which it received more than $20,000,000 in purchase orders. Currently Hydra is in the process of delivering its first commercial fuel to Liberty Towers.

Preliminary testing indicates that a HydraStax(R) fuel cell using natural gas as the source of hydrogen can produce a kilowatt of electricity for less than $0.10.

For more information please see: www.hydrafuelcell.com .

American Security Resources Corporation

ARSC is a holding company developing and acquiring technologies that will advance the development of clean energy. ARSC, through its Hydra subsidiary, is developing high efficiency, mass producible hydrogen fuel cells. Its American Hydrogen subsidiary is commercializing several technologies to produce hydrogen inexpensively.

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.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: American Security Resources Corp.


By Staff

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