SANTA BARBARA, Calif., Feb. 21, 2017 (GLOBE NEWSWIRE) -- HyperSolar, Inc. (OTCQB:HYSR), the developer of a
breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced that it had
successfully produced renewable hydrogen using commercially available low-cost silicon solar cells (supplied by Midwest
Optoelectronics, LLC "MWOE") protected with HyperSolar’s proprietary coating.
The Company’s research team used a patent pending solar-cell/membrane assembly that produces hydrogen and oxygen separately on
two different sides of the solar cells. The membrane prevents mixing of hydrogen and oxygen (hazardous gaseous mixture) resulting
in the extraction of “pure hydrogen,” necessary for use in fuel cells that can power cars like the Toyota Mirai and Honda Clarity, as well as industrial power equipment. This integrated assembly also prevents
recombination of hydrogen and oxygen into water at the catalyst surface, greatly improving the overall hydrogen utilization
efficiency.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/2a739a3d-228e-408d-903b-fe5b5b760560
http://www.globenewswire.com/NewsRoom/AttachmentNg/9094a3b2-826e-4967-839b-eb23fb7bb12f
In addition, the key to this success is the use of HyperSolar’s patent pending electroactive coating formulated to protect the
solar cells from corrosion during prolonged hydrogen production. The success of utilizing silicon solar cells provided by outside
manufacturers represents yet another indication of the potential of HyperSolar’s technology for economically viable production of
hydrogen.
“While the science itself is challenging, we have always looked for simple, economic, and scalable methods for hydrogen
production,” said Dr. Joun Lee, Chief Technology Officer of HyperSolar. “When fully developed, we believe our technology will be
easier to deploy, and will have source-to-use energy cost competitive to the current commercial method which uses natural gas to
produce hydrogen.”
HyperSolar is now building a 1 square foot hydrogen generator prototype using the commercial silicon cells. Long-term stability
testing of the commercial triple junction silicon solar cells for hydrogen production is currently in progress.
“Our goal is to lower the cost of producing renewable hydrogen to compete with natural gas reformed hydrogen,” said Tim Young,
CEO of HyperSolar. “We are very encouraged by the production levels achieved using MWOE-supplied low cost triple-junction cells.
The cost of these cells, plus the catalysts necessary for hydrogen production, while not yet on par with the hydrogen produced from
steam reforming of natural gas, show great promise for another method of producing hydrogen without using fossil fuels. While our
ultimate goal is to complete development of our nanoparticle technology using earth-abundant materials, we are going to explore
market opportunities with these readily available solar cells, that when incorporated into our proprietary prototype device,
produce pure hydrogen.”
HyperSolar’s research is focused on developing a completely renewable, low-cost and submersible hydrogen production particle
that can split water molecules using the power of the sun, emulating the core functions of photosynthesis. Each particle is a
complete hydrogen generator that contains a novel high voltage solar cell bonded to chemical catalysts by a proprietary
encapsulation coating. A video detailing the rise of hydrogen fuel technology as well as HyperSolar’s completely renewable process
of hydrogen fuel production can be viewed by visiting here.
About HyperSolar, Inc.
HyperSolar is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water,
including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other
contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By
optimizing the science of water electrolysis at the nano-level, our low cost nanoparticles mimic photosynthesis to efficiently use
sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to
produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen
fuel cell vehicles. To learn more about HyperSolar, please visit our website at www.hypersolar.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no
guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based
largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not
limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company
and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from
terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Press Contact: Eric Fischgrund FischTank Marketing and PR 646-699-1414 Eric@FischTankPR.com
