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[QUOTE]Originally posted by JBURNS: [QB] HyPower Enters into Negotiations for Joint Venture Agreement Tuesday December 19, 4:01 pm ET WILMINGTON, Del.--(BUSINESS WIRE)--HyPower Fuel, Inc. (PINKSHEETS:HYPF - News) is pleased to announce that Trivest Acquisition Corp., its proposed Joint Venture partner for Brazil, has indicated its eagerness to also represent HyPower and the Hydro Power Pak and its entire line of hydrogen products in the Republic of India. As previously announced, Trivest is a private corporation with business interests in South America, Latin America, Europe and India. ADVERTISEMENT "Given the response that our Brazilian distribution network has shown with the HPP unit, it was only a matter of time before the rest of our network demanded to also be afforded the opportunity to represent HyPower," explained Mr. Michael Hattenburg, Senior Partner at Trivest Acquisition Corp. Mr Hattenburg went on to say, "The initial order that we have placed is the just the beginning, we are hoping to whet everybody's appetite knowing the immense hydrogen technology that are in the pipeline." Mr. Doug Bender, President of HyPower Fuel Inc., responded by saying that "the Hydro Power Pak is such a durable and effective product that it will, in all likelihood, be very well received in a country such as India where fuel prices are high and emissions are becoming an ever-increasing problem." Statistics show that urban air quality in India ranks around the world's worst with the number of air pollution related ailments requiring medical treatment and hospitalization rising to over 25 million, up approximately 40% in the past 14 years. It is also estimated that poor air quality also accounts for 66% of all premature deaths in India. World-wide it is believed that there are three million premature deaths caused by air pollution, over half of which are in India. About the Hydro Power Pack (HPP) The HPP is a retrofit hydrogen insertion device developed for use on tractor trailer rigs as well as stationary diesel engines to improve fuel economy, reduce harmful emissions and increase engine performance and horsepower. Although the HPP does not eliminate the need for gasoline, diesel or other fuels it does provide the onboard production of hydrogen that supplements the primary fuel source. HyPower believes the HPP is more efficient than any existing form of electrolysis-based hydrogen production/insertion technology. The HPP is a transition technology paving the way for future retrofit hydrogen production technologies that will allow engines to be fueled totally with hydrogen produced on board, on demand. About HyPower Fuel, Inc. HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy through hydrogen production and hydrogen related products. HyPower has successfully commercialized the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall performance and efficiency of the internal combustion engine while burning gasoline, diesel, natural gas, liquid propane, ethanol, methanol or a combination of fossil fuels and biofuels. HyPower's signature product, the Hydro Power Pak (HPP), has demonstrated a significant impact on the performance of engines while at the same time increasing fuel economy, significantly reducing harmful emissions, inducing a cleaner more efficient burn, and increasing torque and horsepower. The HPP results in greater productivity, less carbon residue and sludge build-up and overall increased operating efficiency. HyPower is also engaged in the research and development of hydrogen production technology and biofuel products. For more information please contact Investor Relations at (973) 351-3868 or visit: [URL=http://www.hypowerfuel.com.]www.hypowerfuel.com.[/URL] Safe Harbor Statement Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties. Contact: HyPower Fuel, Inc. Stephen Taylor, 973-351-3868 STEPHTAYL9*AOL.COM [/QB][/QUOTE]
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