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eHydrogen Solutions Acquires $1,500,000 in Assets and Furthers H-Solaris Initiative

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  Published in House and Home on Tuesday, May 25th 2010 at 5:41 GMT by Market Wire
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RENO, NV--(Marketwire - May 25, 2010) - eHydrogenSolutions, Inc. (PINKSHEETS: [ EHYD ]) announced today the completion of an Intellectual Property (IP) Transfer Agreement that includes core Photoelectrolysis and artificial Photosynthesis technologies for the energy efficient and environmentally friendly on-demand hydrogen production.

The transaction is valued at $1,500,000 purchased through an equity-building issuance of Preferred Stock and will create no debt for the Company. This transaction is in addition to the Intellectual Property (IP) Transfer Agreement completed earlier this year and substantially expands its core On Demand Hydrogen Production (ODHP) technologies and adds impetus to its recently announced The H-Solaris Initiative.

The addition of these core ODHP technologies, together with technological advances and recent government research funding, has advanced Photoelectrolysis and artificial Photosynthesis technologies to a level where they can be integrated into eHs' recently announced H-Solaris Distributed Energy and CHP projects. These processes, when integrated into a fuel cell, hydrogen powered generator and/or advanced battery storage, will enable sufficient hydrogen production to power a home, only using the sun and water. This has important potential implications, since hydrogen can be produced on-site, at little cost, and does not need to be transported.

The Company believes that Distributed Power Generation, for both residential and commercial use, is an emerging growth sector that promises to become a significant and vital energy option primed for strong sales growth of the company's holdings and technologies.

The Company's recent acquisition and developmental progress of key On Demand Hydrogen Production (ODHP) technologies has enabled the company to expand its operations to the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis. The Company has assembled experienced cross-functional teams to guide each innovation acquisition, technological adaptation and system integration through the required steps to successful commercialization.

The operational and strategic expansion will be accompanied by new marketing and corporate branding initiatives supported by an upgraded website reflecting the Company's core holdings and technologies. Shareholders can expect frequent updates on the company's expansion and new operations.

The Company recently announced it had increased its focus and resources to the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis through collaboration. The Company believes its acquisition and growth-oriented business plan will provide stockholders with consistent equity growth and access to the multi-billion dollar alternative energy industry through its licensing and distribution of hydrogen-powered energy systems and solutions. The Company continues to develop and license a variety of technologies and power systems founded on its core ODHP holdings and will make further announcements on the progress of each of these new initiatives as the various technologies are integrated into its development and partnership programs.

About eHydrogen Solutions
eHydrogen Solutions (eHs) specializes in the development of On Demand Hydrogen Production (ODHP) technologies designed to produce hydrogen in the most cost effective, environmentally friendly and sustainable manner possible for integration in to a number of clean energy Distributed Power solutions. In addition to providing an "on demand" hydrogen technologies for aftermarket hydrogen enhancement applications that increases the efficiency of virtually any combustion process, eHs portfolio of On Demand Hydrogen Production (ODHP) technologies enables the integration with fuel cell applications, advanced battery technologies, Combined Power & Heating systems, Hydrogen Internal Combustion Engines (HICE) and other energy efficient and environmentally friendly power generating devices.

eHs' proprietary ODHP technologies are available 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 release contains statements or projections regarding future performance that is forward-looking statements 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 filings contain various RISK FACTORS (and are incorporated on the Company's website "investors" section by reference) and should be read before any investment decision.

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