HyPower Fuel Announces Production of Biodiesel to Industry ASTM Standards Verified by Independent Lab
29 Mai 2008 - 3:09PM
Business Wire
HyPower Fuel Inc. (PINKSHEETS: HYPF) is pleased to announce that
they have successfully completed an independent testing protocol at
a lab in Alberta on two different types of feedstocks. Mr. Douglas
Bender, President of HyPower, commented that �We are extremely
gratified that we were able to meet and exceed ASTM (American
Society for Testing and Materials) Biodiesel Standard D6751 for the
first two feedstocks selected. This now proves beyond a doubt that
our process meets one of the most difficult conditions precedent in
the contracts that we are currently negotiating. These negotiations
are with parties interested in building a plant using our
technology. We are now one step closer to having multiple plant
sales this year.� Mr. Bender also stated that �we will be providing
more details in the near future of the specific tests and the
feedstocks employed. We also continue to test on various other
feedstocks. To date, we have not encountered a feedstock that we
can not process into biodiesel with essentially no changes to our
basic process. This flexibility in our process is what makes the
HyPower Biofuel Process so attractive to both existing plants and
to plants still on the drawing board.� About the HyPower Biofuel
Process The HyPower Biofuel process is a cutting edge biodiesel
technology that has a number of competitive advantages over
conventional biodiesel production methods. The HyPower process uses
essentially no catalysts or water to produce biodiesel. All inputs
are recovered or converted to saleable products. The capital and
environmental footprints of the process should be significantly
less than conventional means of biodiesel production. 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 including market acceptance of the
Company�s services and projects and the Company�s continued access
to capital and other risks and uncertainties. The actual results
the Company achieves may differ materially from any forward-looking
statements due to such 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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