These stations, when built, are intended to support demonstration projects involving hydrogen-powered shuttle buses. The targeted locations for these projects are in Ottawa and Toronto, Ontario, and in Charlottetown, Prince Edward Island. These projects will develop market familiarity and consumer acceptance for hydrogen-powered vehicles and hydrogen fueling infrastructure, and ultimately facilitate the commercialization of these technologies. Phase 1 of the project contemplates the project engineering study. Deployment of the fueling stations will be dependent upon the availability of the hydrogen-powered shuttle buses.

"Innovative transportation technology is an essential and exciting part of Canada's move toward the new hydrogen economy," noted the Honourable R. John Efford, Minister of Natural Resources Canada. "Developing the infrastructure to support fuel cell vehicles is key, and Stuart Energy's work on hydrogen fueling stations is going to bring us closer to that goal."

"We have had a long and productive relationship with Natural Resources Canada, who has fostered the development of the hydrogen economy in Canada, as well as our own technology development," commented Jon Slangerup, President and CEO of Stuart Energy. "We are excited to be selected to complete this initial engineering phase of the project. We are also looking forward to the opportunity to later building and deploying hydrogen fueling stations here in Canada."

About Stuart Energy

Stuart Energy Systems Corporation (TSX:HHO) is the world's leading developer and supplier of integrated hydrogen infrastructure solutions based on water electrolysis. Stuart Energy integrates its proprietary hydrogen generation technology with products from corporate partners to serve existing and emerging markets for industrial, distributed power generation and transportation applications. The Company's website address is http://www.stuartenergy.com

This release includes forward -looking statements, which are based on certain assumptions and reflect management's current expectations as contemplated under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward -looking statements are subject to a numberr of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify, develop and achieve commercial success for new products, services and technologies; the level of expenditures necessary to maintain or improve the quality of products and services; changes in technology; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; the uncertainties of the emerging hydrogen economy, including the hydrogen economy growing at a slower pace than is anticipated; our ability to secure and maintain strategic relationships; the availability of, and ability to retain, key personnel; and the failure of the Company to effectively integrate acquisitions. Additional factors are discussed in our materials filed with the securities regulatory authorities from time to time. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Stuart Energy
Wanda Cutler
Communications
(905) 282-7769
OR
Stuart Energy
R. Randall MacEwen
Corporate Development
(905) 282-7773