HyPower Fuel Inc. (PINKSHEETS:HYPF) -

HyPower is finally in a position to be able to announce developments concerning the purchase of interests in two target companies. A HyPower spokesperson predicts that 2012 will be a year of "Growth and Value" for HyPower and its shareholders.

Mr. Bender, CEO of HyPower, commented that "both of our target companies were experiencing the need for concentration on their core businesses in order to ensure success and did not wish to be distracted from this by public company exposure. That situation has now changed and HyPower is immensely pleased to be able to partner with them in their exciting opportunities. Both companies have also agreed to provide verifiable information that HyPower can release concerning their operations and business plan in the very near future."

About HyPower Fuel Inc.

HyPower is a category leading company in the energy technology sector, providing innovative, clean alternative energies through unique methods. For more information please visit: www.hypowerfuel.com and/or contact us at: hypower@hypowerfuel.com

Safe Harbor - This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of HyPower Fuel Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The actual results achieved may differ materially from any forward-looking statements due to these risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.

Contacts: Newstrack Communications (587) 987-8585

Hypower Fuel (CE) (USOTC:HYPF)
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