Alumifuel Power Corp. (AFPW)

[Suebarth]

AFPW has continued to accelerate its relationships with key industry and government players, involved in the backup power arena, including: (1) A major wireless carrier; (2) Several backup power fuel cell companies: (3) Emergency Services organizations in selected Philadelphia-area counties; and (4) the US Department of Energy. AFPW is exploring various engineering development scenarios for integrating the Company's technology into fuel cell back-up power systems. These efforts are expected to be enhanced by AFPW's strategic business development agreement with a New York investment firm. (See AFPW news release of October 16, 2012).