Farr went on to note that, in addition to his notable accomplishments at Intel Corporation, Mr. Davis has an impressive track record of helping start-ups achieve rapid financial growth. "Early in his career, Ed built his own company from inception to $5 million per year and sold it to Helionetics," said Farr. "He was a founding member that built Exsysco which became National Advanced Systems from scratch to $300 million in 18 months. He was also a founder of a new division of Intel that achieved $750 million in sales in two years. We are confident that Ed will guide our subsidiary, Hydra Fuel Cell Corporation, to its goal of over $100 million in sales within the next few years."

Mr. Davis holds degrees in Physics and Computer Science and is currently completing a PhD in Physics from Michigan State University. Mr. Davis is also a member of IEEE (Institute of Electrical and Electronic Engineers), ACM (Association for Computing Machinery), MAA (The Mathematical Association of America), and SCS (Society for Computer Simulation). Mr. Davis has presented more than 50 publications and holds several worldwide patents and pending patents.

Shareholders Meeting and Board Actions

ARSC held its annual shareholders meeting on November 21, 2005. At the meeting Joe Grace, Chairman and President, announced his retirement because of health issues, and he resigned from the Board. He will continue to act as a consultant to the company on mergers and acquisitions as well as capital formation. Also at the meeting Frank Neukomm was elected to a two year term as a director. Bob Farr and Robert Wilson were elected to one year terms. Shareholders also approved the Company's "Incentive Stock Plan" and approved the appointment of Malone & Bailey as auditors.

After the shareholders meeting the Board of Directors met and elected Ed Davis to the Board and Frank Neukomm as Chairman. Subsequently the Board elected Bob Farr as President and COO.

About American Security Resources Corporation

American Security Resources Corp. is a holding company actively seeking to acquire profitable, well-managed companies that provide products or services for homeland security, national defense or that relate to the development of the Company's hydrogen fuel cells. For more information, please visit our website at: www.americansecurityresources.com.