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eHydrogen Solutions, Inc.'s Hydrogen Fuel Technology Benefits From Federal Funding


Published on 2009-11-24 08:44:27 - Market Wire
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RENO, NV--(Marketwire - November 24, 2009) - eHydrogen Solutions, Inc. (eHS) (PINKSHEETS: [ BIGD ]) is pleased to report the US Senate has given the green light to a $33.5 billion injection to fund energy and water programmes for the 2010 budget year. Many of the components will have a direct impact on the further development of eHydrogen Solutions' Hydrogen Fuel Technology, such as a $220 million grant to improve output of alternate fuels and fuel additives.

In addition, $311 million will be pledged to help production of cleaner, more fuel-efficient engines, while $174 million will be spent on developing hydrogen and fuel cell technologies.

Last May, Energy Secretary Steven Chu claimed that the money would be better served elsewhere because hydrogen fuel strategies were not viable in the short term.

The company welcomes the revised stance on the issue by President Barack Obama's administration. Congress' restoration of hydrogen funding validates our belief that hydrogen has a bright future as an alternative energy source for our country.

About eHydrogen Solutions

Engineered Hydrogen Solutions (eHs) specializes in the development of on-demand hydrogen-generating technology designed to increase the efficiency of virtually any combustion process. The technology is based on a proprietary Hydrogen Injection system, in which hydrogen and oxygen are generated on-demand via electrolysis and then introduced into the combustion process. The 'fuel' for the technology is distilled water. Two key benefits of the eHS technology are significantly reduced fuel consumption and emissions.

eHs' proprietary hydrogen energy technology is available today to qualified partners in a wide variety of vertical and/or geographic markets worldwide, through joint development/ adaptation, distribution and production agreements.

Safe-Harbor

This press release contains statements (such as projections regarding future performance) that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's website and prior SEC and Pink Sheets filings contain various disclosures and RISK FACTORS (incorporated herein by reference) and should be read before any investment decision.

The company maintains its web site at: [ www.eHydrogenSolutions.com ].

Stock certificates:

The company is currently finalizing the change of ticker symbol and will advise stockholders upon completion. Holders of stock certificates or other aged securities issued when the company traded as Big Daddy BBQ Racing, Inc. can contact the company's transfer agent for guidance.

 The company transfer agent can be contacted at: Pacific Stock Transfer Company 500 E. Warm Springs Road | Suite 240 Las Vegas Nevada 89119 Office: 702.361.3033 Fax: 702.433.1979 Web: [ www.pacificstocktransfer.com ]