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HyPower Fuel Announces Environment Energy Centre Project

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HIGH RIVER, AB--(Marketwire - August 17, 2009) - HyPower Fuel Inc. (PINKSHEETS: HYPF)
previously announced its vision of an Environmental Energy Centre (EEC) for
the construction and advancement of biofuel and alternative energy
technologies and processes.

Mr. Douglas Bender, President of HyPower, today announced that "HyPower and
its development partners will undertake to construct an Environmental
Energy Centre in a non-food feedstock location. The EEC will own and
control sufficient feedstock sources to ensure the longevity and
profitability of the overall project."

Mr. Bender went on to explain that "The single largest hurdle to the
construction of any biofuel plant is the assurance of a cost-effective and
reliable source of feedstock, particularly non-food feedstocks whose price
can often fluctuate widely with the price of oil. This became even more
apparent to us after we attended the recent Biodiesel and Biomass National
Conferences in San Francisco and Portland. We outlined our plan for an EEC
and it was well received by venture capitalists, equipment suppliers,
growers, feedstock providers, technology providers and the general public.
The contacts we made at the Conferences are invaluable in allowing us to
capitalize on our technologies in multiple jurisdictions."

About the HyPower Environmental Energy Centre (EEC)

The HyPower Fuel Environmental Energy Centre is a plan to utilize a single
location and multiple resources to build a completely closed-loop,
self-sustainable energy complex which will make use of a variety of
technologies and processes including HyPower's proprietary technologies.

About HyPower Fuel Inc.

HyPower Fuel, Inc. is a category leading company in the energy technology
sector, focusing on providing innovative, clean alternative energies
through unique methods. Currently HyPower has hydrogen insertion and
production technologies and biodiesel production technologies in
development and/or in the product commercialization stage. For more
information please visit: www.hypowerfuel.com

Safe Harbor

This press release shall not constitute an offer to sell or a solicitation
of an offer to buy securities of HyPower Fuel Inc. Certain statements in
this release and other written or oral statements made by or on behalf of
the Company are "forward looking statements" within the meaning of the
federal securities laws. Statements regarding future events and
developments and our future performance, as well as management's
expectations, beliefs, plans, estimates or projections relating to the
future are forward-looking statements within the meaning of these laws. The
forward looking statements are subject to a number of risks and
uncertainties. The actual results the Company achieves may differ
materially from any forward-looking statements due to these risks and
uncertainties. These statements are based on our current expectations and
speak only as of the date of such statements. The Company undertakes no
obligation to publicly update or revise any forward-looking statement,
whether as a result of future events, new information or otherwise.

 

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