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Hydrogen Engine Center, Inc., (OTCBB: HYEG), a designer,
manufacturer and distributor of alternative-fueled internal combustion
engines and distributed power generation equipment, announced today
that it has retained Porter, LeVay & Rose as its investor relations
and financial communications agency.
Porter, LeVay & Rose is a full-service investor relations firm
based in New York City with 35 years' experience representing a
variety of public and private companies and financial institutions in
the US and abroad. PLR has also substantial experience in the energy
sector.
Don Vanderbrook, Chief Operating Officer of HEC, said, "We are
pleased that Porter, LeVay & Rose will be representing Hydrogen Engine
Center to the investment community, to our shareholders and to the
financial media. With the nation's attention focused on alternatives
to oil-fueled energy production, our anhydrous ammonia solution offers
the market a potential replacement of existing technology. Deployable
today, it promises a carbon-free future and an end to our reliance on
Middle Eastern oil with minimal disruption of our lifestyles. This is
due in large part to an existing infrastructure which can provide
anhydrous ammonia as a fuel now, not years from now, which makes this
alternative economically feasible. To communicate the big picture as
well as the intricacies of our engineering and financial stories, we
will rely greatly on PLR's talents and decades of experience."
Michael Porter, President of Porter, LeVay & Rose, Inc., stated,
"HEC has something that very few other alternative energy companies
have, a solution that works right now. Anhydrous ammonia, which HEC
has dubbed 'the other hydrogen,' is the easiest and most commercially
viable way to store the hydrogen that will ultimately fuel power
generation equipment for distributed power, agricultural, industrial,
airport ground support, off-road vehicular, business and home
applications. The Oxx Power(TM) hydrogen-fueled genset currently
powering HEC's dyno room is one of the first of many.
"Anhydrous ammonia as a fuel has been around for quite a while;
NASA used it in the X-15 that General Chuck Yeager, Neil Armstrong and
other pilots flew beginning in 1959. Because America already has a
chemical industry that produces millions of gallons of ammonia daily
for industrial and commercial uses, we already have the infrastructure
in place, down to the tanker trucks that deliver it to retail outlets.
Environmentally, HEC's engines do not produce carbon emissions when
run on carbonless fuels; ammonia is one nitrogen atom and three
hydrogen atoms in a single molecule, so there's no carbon to burn. The
cleanliness, ease of storage, availability and hydrogen density of
ammonia make it an ideal fuel, and HEC has filed 5 patents on its
ammonia engines. HEC's engines are mainly for industrial use, with
other potential applications beyond that in development.
Porter concluded, "We are looking forward to telling Wall Street
and others about this exciting and potentially revolutionary company."
About Hydrogen Engine Center, Inc.
Hydrogen Engine Center, Inc. (HEC) designs, manufactures and
distributes alternative-fueled internal combustion engines, engine
controls and fuel delivery systems and power generation equipment for
distributed power, agricultural, industrial, airport ground support,
off-road vehicular, business and home applications. All HEC engines
and power generation equipment are capable of running on a multitude
of fuels, including but not limited to, hydrogen, ammonia, synthetic
gas, coal bed methane, gasoline, and ethanol. HEC trades on the
Bulletin Board under the symbol "HYEG.OB." Principal offices are
located at 2502 E Poplar St., Algona, Iowa 50511. Visit
www.hydrogenenginecenter.com or in the US dial 515-295-3178 for more
information.
This press release may contain certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Investors are cautioned that such forward-looking statements
involve risks and uncertainties, including without limitation,
acceptance of the Company's products, increased levels of competition
for the Company, new products and technological changes, the Company's
dependence on third-party suppliers, the availability of capital and
other risks detailed from time to time in the Company's periodic
reports filed with the Securities and Exchange Commission.
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