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eHydrogen Solutions Increases Asset Valuation and Revenue Projections: Obama Calls for $5B in Clean Energy Tax Credits

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  Published in House and Home on Thursday, July 15th 2010 at 6:15 GMT by Market Wire
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RENO, NV--(Marketwire - July 15, 2010) - eHydrogen Solutions, Inc. (PINKSHEETS: [ EHYD ]) announced today it revised upwards the revenue projections and the market value of its core asset holdings based on Presidents Obama's call last Friday for Congress to expand the clean energy tax credits.

Obama told an audience at the University of Nevada that a $5 billion increase in clean energy manufacturing could generate nearly 40,000 jobs.

The Company's core On Demand Hydrogen Production (ODHP) technologies produce hydrogen in sufficient quantities to meet most production requirements for the growing demand Hydrogen Fueling stations, stationary Fuel Cell applications: as well as the Company's recently announced 'Water Car' Project to develop a fully functioning water-fueled vehicle, converted from gasoline, to use hydrogen produced on-board as the combustion medium.

As a result of recent acquisitions and development progress in its core ODHP technologies, eHydrogen Solutions (eHs) stands in the forefront as a design leader in hydrogen technologies and solutions in the most cost effective, environmentally friendly and sustainable manner possible for integration in to a wide variety of clean energy solutions.

The Company now expects projected revenue and asset valuation to substantially increase. It has recently posted revenue of $15.9 million since inception and 1,360% increase in Assets from the same period last year. The Company's portfolio consists of proprietary On Demand Hydrogen Production (ODHP) technologies that the Company believes now have a potential market valuation at least tenfold the acquisition valuation of $6,736,000.

The Company has integrated 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. When hydrogen becomes the fuel, its combustion produces pure water.

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 ]