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  HydroGen Corporation Appoints Three New Members to Board of Directors 
Publication Date:31-January-2006
01:15 PM US Eastern Timezone 
Source:FuelCellWorks

CLEVELAND--HydroGen Corporation (OTCBB: HYDG), a development stage company that manufactures multi-megawatt air-cooled phosphoric acid fuel cell (PAFC) systems through its wholly-owned subsidiary HydroGen LLC, announced today the appointment of three new members to its Board of Directors. Mr. John Freeh, Dr. Howard-Yana Shapiro and Mr. Brian Bailys join the Board as directors, expanding HydroGen's Board to five members, including executive directors Dr. Leo Blomen, HydroGen's Chairman and CEO, and Joshua Tosteson, HydroGen's President.

Dr. Blomen said, "Our new board members bring a wealth of experience, and we look forward to the benefit of their wise counsel and active engagement. Their insights and knowledge will greatly facilitate the execution of our strategic plan as we work to bring HydroGen through the development stage and position it to achieve profitability. Mr. Freeh and Dr. Shapiro possess deep technical understanding of the industries and countries that complement HydroGen's business plan, while Mr. Bailys's background includes firsthand experience with developmental stage enterprises. We enthusiastically welcome them to our board."

Mr. Freeh is the president of Lockheed Martin Systems Management, an $800 million management services company within Lockheed Martin's Technology Services operating unit. He is also responsible for the oversight and integration of all of Lockheed Martin energy-related activities including Nevada Technologies, Inc., Sandia, Inc., LMAES, Inc., and a joint venture operating the Atomic Weapons Establishment in the United Kingdom, AWEML, LLC. Prior to his current position, Mr. Freeh spent more than 27 years at KAPL, Inc., one of only two joint Department of Energy/Navy laboratories dedicated to Naval Nuclear Propulsion research, design, testing and training of reactor operators for the US Nuclear Navy. John also serves on the boards of The Red Cross, Burlington County N.J., and Cerebral Palsy of New Jersey. He holds a BS in Engineering Physics from Lehigh University and an MS in Electrical Engineering from Rensselaer Polytechnic University.

Dr. Shapiro has been involved with sustainable agricultural and agroforestry systems, plant genetics and food production systems around the world for more than 35 years. During his long and diverse career, Dr. Shapiro was a university professor for 15 years, twice a Fulbright Scholar, twice a Ford Foundation Fellow and a winner of the National Endowment for the Humanities Award. Dr. Shapiro has ongoing sustainability projects in Brazil, Panama, Ecuador, Ghana, Vietnam and Sulawesi concerning cacao agroforestry, agroecology, agroeconomics and landscape issues in the neo-tropics. He was an investor in Seeds of Change, and in 1991 he joined their board and held positions of increasing responsibility until the company was acquired by a multi-brand, internationally known food company in 1997. Following the acquisition, he became the Director of Plant Science for that company while maintaining his role as Vice President Agriculture/R&D for Seeds of Change. Additionally, he is the Director of the Multi-Disciplinary Research Unit, a collaboration between the international company and the University of California, Davis. He was appointed to the Millennium Agriculture Assessment of The World Bank as an Author on the Global Synthesis in 2005, and in 2006 he will chair the organizing committee for a National Academy of Sciences international cacao science symposium.

Brian Bailys is the Principal of The Bailys Group, a consulting firm he founded in 1993 to provide his high net worth client base income tax, estate tax and financial planning services. A certified public accountant since 1983, Mr. Bailys began his career as a Federal, State and Local tax specialist and an IRS Audit Support person for the Michigan-based accounting and consulting firm of Plante and Moran. Mr. Bailys has participated in strategic planning with numerous "early stage" companies. He is currently serving on the board of Life Settlement Insights (a life settlement company) and Life-X (first online exchange for the sale of life insurance policies). Mr. Bailys has served as treasurer of the United Cerebral Palsy Cleveland Chapter, a board member of the Parent Volunteer Association for retarded children and adults and the Beachwood Chamber of Commerce. He received his Bachelor of Science Degree in Business Administration from Ohio State University in 1981, and he is a member of the Ohio Society of Certified Public Accountants.

About HydroGen Corporation and HydroGen, LLC

HydroGen Corporation, through its wholly-owned subsidiary, HydroGen, LLC, is a developer of multi-megawatt fuel cell systems utilizing its proprietary 400-kilowatt phosphoric acid fuel (PAFC) cell technology. Utilizing fuel cell technology originally developed by Westinghouse Corporation, the company targets market applications where hydrogen is currently available and other drivers favoring the adoption of fuel cells are present.

 
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