It is estimated that the Mobile Emission Reduced Credit (MERC) market is currently in excess of $2.6 billion. Teletrips has agreed to work with HyPower to establish the necessary protocols to properly track the emission reductions for MERC’s and/or grants and rebates available from governmental organizations. The resulting MERC’s could then be sold by the customer on the Chicago Climate Exchange.

“HyPower is excited about the possibilities of providing additional revenue streams to our customers buying the HyPower Hydro Power Pak,” explained Douglas Bender, President of HyPower Fuel, Inc. “The Teletrips system has been developed in conjunction with the Environmental Protection Agency’s (EPA) Office of Transportation and Air Quality. It will allow customers using an HPP unit to calculate and track emission reductions and then accumulate and sell those greenhouse gas emission reductions as MERC’s (Mobile Emission Reduction Credits),” Mr. Bender continued. “This is potentially a new source of revenues to users of our proprietary technology. Not only will an HPP unit reduce vehicle fuel costs but it will now also pay you to be green by essentially selling cleaner air. This is a win-win-win scenario for customers, consumers and the environment,” said Mr. Bender.

About Teletrips, Inc.

Teletrips, Inc. works with businesses and governments to promote better air quality through emission reduction. Teletrips customer list includes companies such as Dell, Lockheed Martin, Boeing and the City of Boulder, Colorado. For more information about Teletrips, Inc. visit their website at www.secure-teletrips.com.

About the Hydro Power Pack (HPP)

The HPP is a retrofit hydrogen insertion device developed for use on tractor trailer rigs as well as stationary diesel engines to improve fuel economy, reduce harmful emissions and increase engine performance and horsepower. Although the HPP does not eliminate the need for gasoline, diesel or other fuels it does provide the onboard production of hydrogen that supplements the primary fuel source. HyPower believes the HPP is more efficient than any existing form of electrolysis-based hydrogen production/insertion technology. The HPP is a transition technology paving the way for future retrofit hydrogen production technologies that will allow engines to be fueled totally with hydrogen produced on board, on demand.

About HyPower Fuel, Inc.

HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy through hydrogen production and hydrogen related products. HyPower has successfully commercialized the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall performance and efficiency of the internal combustion engine while burning gasoline, diesel, natural gas, liquid propane, ethanol, methanol or a combination of fossil fuels and biofuels. HyPower’s signature product, the Hydro Power Pak (HPP), has demonstrated a significant impact on the performance of engines while at the same time increasing fuel economy, significantly reducing harmful emissions, inducing a cleaner more efficient burn, and increasing torque and horsepower. The HPP results in greater productivity, less carbon residue and sludge build-up and overall increased operating efficiency. HyPower is also engaged in the research and development of hydrogen production technology and biofuel products.

For more information please contact Investor Relations at (973) 351-3868 or visit: http://www.hypowerfuel.com.