Gold Exploration in West Africa

[FL]

Haber Executives Meet with World Bank Officials on ''STAMP'' Program Implementation in Ghana

ARLINGTON, Mass.--(BUSINESS WIRE)--Dec. 12, 2005--Haber, Inc, (OTC: HABE - News), a Massachusetts-based company with proprietary and environmentally friendly technologies for the extraction and recovery of gold and other precious metals from ores and electronic waste, announced today that its president and COO, Albert B. Conti, and Dr. Edward S. Ayensu, non-executive chairman of Haber Mining Ghana, Ltd., Haber's Ghanaian subsidiary, had a series of meetings with officials of the World Bank at its headquarters in Washington D.C. on Nov. 21-22.

Dr. Ayensu, formerly the chairperson of the World Bank's Inspection Panel and one of Ghana's most distinguished scientists, had arranged the meeting to review potential funding avenues for Haber's proposed initiative in Ghana, known by its acronym "STAMP" (Strategic Abatement of Mercury and Poverty).

The STAMP program seeks to eliminate the destructive use of mercury in the widespread small-scale mining industry in Ghana and replace it with Haber's environmentally friendly gold extraction and gold recovery processes. Not only will this mercury abatement eliminate serious risks to human health and the environment, but it is expected that the efficiencies inherent in the Haber processes and improved automation will allow the small-scale miners to earn significantly more than their current average earnings of one U.S. dollar per day.

Under STAMP, it is estimated that more than 80 mine sites would eventually be operating, and employing more than 5,000 Ghanaians through the basic program, each targeted to produce concentrate containing approximately 15-20 ounces of gold per day with potentially thousands more individuals bringing their own gold concentrate to Haber for processing. The program also contains provisions for establishing humanitarian funds in each of the country's regions and for establishing an artisanal gold jewelry manufacturing capability in Ghana.

Haber is seeking $3 million in governmental, non-governmental and private funding to begin the pilot/demonstration effort in Ghana, and an additional $10 million for later expansion throughout the country.

"Dr. Ayensu and I were very encouraged by our productive and open discussions at the World Bank," said Conti. "There is no question that the elimination of mercury usage in small-scale mining worldwide is seen as a positive and achievable objective. Dr. Ayensu will be following up during the next few weeks with the authorities in Accra and with World Bank representatives."

About Haber, Inc.

Haber, Inc. is a high technology process development company with proprietary technologies in extractive metallurgy and electrochemical separations. These technologies include the company's Haber Gold Process (HGP) and Haber Recovery Process (HRP), chemical systems discovered by Norman Haber, the chairman of the company, for the hydrometallurgical extraction and recovery of gold from its ores. The Haber Gold Process is both non-toxic and more efficient than conventional solvents such as cyanide. This technology accelerates the gold extraction rate and may increase gold recovery from its ores by a substantial factor. The company's Electromolecular Propulsion (EMP) technology is an electrochemical process that enables the electrically controlled movement or positioning of a variety of different molecules. It is distinguished from the techniques of electrophoresis and chromatography by its wide variety of potential applications and the greater speed and control of the results. For more information, call Peter R. D'Angelo [phone], or visit the company's website at http://www.habercorp.com.

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Contact:
Peter R. D'Angelo
Haber, Inc.
781-643-2727
Source: Haber