eHydrogen Solutions Signs H-Solaris Technology License With $12,000,000 Anticipated From International Sales

Published in House and Home on Tuesday, July 6th 2010 at 5:40 GMT by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

RENO, NV--(Marketwire - July 6, 2010) - eHydrogen Solutions, Inc. (PINKSHEETS: [ EHYD ]) announced today the signing of a $12,000,000 Technology License Agreement with VX Marketing Group (VXMG). The Agreement calls for VXMG to develop and distribute a range of products and solutions utilizing the Company's H-Solaris technologies that includes core Photoelectrolysis and artificial Photosynthesis technologies for the energy efficient and environmentally friendly on-demand hydrogen production.

VXMG is obliged under the terms of the agreement to enhance and continue development, establish international distribution, build sales networks with revenue minimums, and meet minimum royalty payments.

This license income is in addition to the recently announced $3,600,000 income earned upon the completion of the Development phase of the Joint Development Agreement for the US Home Heating and Power Market.

The Company anticipates further Joint Development and Licensing announcements to evolve from the Company's On Demand Hydrogen Production (ODHP) technologies and from the advances made in its Development Projects.

The Company has started the design and integration of its core On-Demand Hydrogen Production (ODHP) technologies with HICE and HFC vehicle applications. The company recently announced its Phase I - 'Water Car' Project. Phase II of this project will be the announcement of a fully functioning water-fueled vehicle, converted from gasoline, to use hydrogen as the combustion medium.

These events have substantially increased the market value of the Company's core assets and positioned its clean energy producing technologies for strong recurring profits and income.

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.

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 into a number of clean energy Distributed Power solutions. In addition to providing "on demand" hydrogen technologies for aftermarket hydrogen enhancement applications that increase 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 ]

Publication Contributing Sources

Market Wire

N🟁N

eHydrogen Solutions Signs H-Solaris Technology License With $12,000,000 Anticipated From International Sales