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eHydrogen Solutions Declares 5% Common Stock Dividend

^{Published on 2010-07-12 06:50:29 - Market Wire}
 

RENO, NV--(Marketwire - July 12, 2010) - eHydrogen Solutions, Inc. (PINKSHEETS: [ EHYD ]) announced today that pursuant to a special meeting of the Board of Directors held on July 9, 2010, the company declared a stock dividend to all stockholders and set the record date for stock dividends to be 5pm EDT, August 2nd, 2010.

The Board of EHYD has voted to pay all shareholders on record, a stock dividend of 0.05 shares for every share owned. 5 new eHydrogen shares will be issued for every 100 owned.

The Ex-Dividend Date will be set at July 29, 2010. For the purpose of clarity, the standard Ex-Dividend Date rules will apply. If a stockholder buys a dividend paying stock one day before the Ex-Dividend Date, you will still qualify for the Stock Dividend. However, if you buy on the published date of the Ex Dividend, in this case July 29, 2010, you won't be eligible for the Stock Dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared, you need to sell on (or after) the Ex- Dividend Day.

The date of payment for the stock dividends to all qualifying shareholders will be no later than one month after the Record Date. New share certificates will be mailed directly to all shareholders of record by the Company's Transfer Agent. In the interim, we advise all stockholders to contact their brokers to ensure their mailing information is updated and correct in order that stock certificates arrive at their proper destination.

The company values the loyalty of its stockholders and wishes to increase their ownership as the company grows.

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 ]