SANTA BARBARA, Calif., Oct. 17, 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 it has filed a patent
for U.S. and International protection of its novel solar hydrogen panel that safely splits water molecules with high hydrogen
production efficiency.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/df9d7c89-5b10-4655-a9d6-db9d8dcdbfba.
This proprietary panel design houses water with an immersed array of HyperSolar’s self-contained solar hydrogen production
devices. The unique design has inlets and outlets for water intake and hydrogen extraction. Within the panel is a unique membrane
structure that safely separates oxygen from hydrogen, and increases proton transport for high solar-to-hydrogen efficiency. This
design process can be scaled up and manufactured for commercial use for hydrogen production at or near the point of use for fuel
cell applications, such as vehicles or materials handling equipment. A video of HyperSolar’s prototype can be viewed here: https://www.youtube.com/watch?v=oydyQN0Mp8M
The vast potential for hydrogen technologies has continued to generate increased interest from businesses spanning a number of
industries. Recently, automobile maker Lexus (owned by Toyota), referred to hydrogen as the fuel of the future, stating “…both hybrid and EVs are merely
bridging technologies on the way to the solution, which is hydrogen.” In more industrial markets, 2016 saw the largest markets for fuel cells (stationary power, backup power, and material
handling equipment) double in capacity of shipments in megawatts compared to 2014, as nearly 65,000 fuel cells were shipped
worldwide.
“As a result of the efforts by Chief Technologist Dr. Joun Lee and the team at the University of Iowa, HyperSolar’s technology
has advanced closer to commercial viability with this unique design,” said Tim Young, CEO of HyperSolar. “The market for fuel cell
technology is growing exponentially due to the commercial successes of companies like Plug Power (PLUG) and Ballard Power (BLDP),
and nearly every auto manufacturer coming to the market with a hydrogen vehicle. To maintain and build upon this progress, it is
increasingly important that we develop a renewable form of hydrogen production rather than relying on the current natural gas steam
reforming techniques, which produce a fossil-fuel hydrogen.”
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
