| DES PLAINES,
Ill.-- HyRadix(R) Inc., a leading provider of on-site hydrogen generation
systems and supply solutions, has entered into an agreement with Praxair
India, a subsidiary of US based Fortune 300 company, Praxair, Inc., for
the supply of the HyRadix Aptus(R) on-site hydrogen generator for industrial
hydrogen applications within India. This multi-year agreement covers the
certification of the HyRadix Aptus hydrogen generator via the Praxair vendor
qualification process as well as the exclusive supply of the Aptus generator
to Praxair in India.
"We are very pleased to be working
with Praxair, the leading industrial gas supplier in India, in such an
exciting and rapidly growing market as India," said Greg Solomon, Chairman
of HyRadix parent company Eden Energy. "This is yet another validation
of the technology the HyRadix team has developed which is coming along
at just the right time for the Indian market. While Praxair will only be
marketing the Aptus units to industrial customers, their additional unit
requirements will provide greater fabrication economies of scale which
will greatly assist our efforts in India in the transportation fuel market
where the same units will be used for Hythane(R) and hydrogen refueling."
"As the Indian economy continues
its rapid pace of growth it is becoming more difficult to satisfy the demand
for hydrogen from existing indigenous sources," said David Cepla, President
of HyRadix. "The feedback we have received indicates customers are very
receptive to our Aptus technology because it fills a significant void in
the market place, so we are anticipating strong sales growth as we fill
that market void."
The Aptus hydrogen generation system
allows customers to have economical on-site hydrogen production with high
reliability for uninterrupted manufacturing processes such as metals annealing
float glass production and edible oils hydrogenation. The systems produce
high purity hydrogen from a feedstock of natural gas or liquefied petroleum
gas (LPG) and can be combined to generate 50 - 500 Nm3/h very economically
compared to alternative means of delivered hydrogen.
About HyRadix
HyRadix, an Eden Energy company,
is the leader in providing proven, on-site hydrogen generation systems
and supply solutions. Based in Chicago, HyRadix serves the global market
by providing dependable hydrogen solutions for industrial and consumer
manufacturing processes and transportation refueling applications. Through
its proprietary technology, HyRadix is meeting the rapidly growing global
demand for lower-cost hydrogen. For more information, visit www.HyRadix.com.
About Eden Energy
Eden Energy Ltd. is a diversified
clean energy company listed on the Australian Stock Exchange (ASX:EDE).
Eden has interests in hydrogen storage and transport fuel systems, including
the low emission Hythane hydrogen-methane blend, coal seam methane and
conventional gas as well as low temperature pyrolysis research into hydrogen
production and geothermal energy production. For more information, visit
www.Edenenergy.com.au.
About Praxair India
Praxair India, headquartered at Bangalore,
is the largest industrial gas producer In India, with more than 35 operating
locations and 2006 consolidated sales of $130 million. More information
on Praxair India is available at www.praxair.com/india. Praxair India's
parent company, Praxair, Inc., is the largest industrial gases company
in North and South America, and one of the largest worldwide, with 2006
sales of U.S. $8.3 billion. |