HYGN Hydrogenetics Inc (CE)

HydroGenetics, Inc. (PINKSHEETS: HYGN) announced today that a unique, proprietary magnetic device developed by HydroGenetics, Inc. is the subject of intense testing and scrutiny by an international group of experts in alternative energy invention assessment.

The device is a permanent magnet right angle worm drive torque multiplier with output 10% to 12% greater than input. With no further development the unit has multiple industrial applications for "loosely coupled" right angle speed reduction. Right angle drives are commonly inefficient, some less than 30%. This device will save significant energy by increasing efficiencies in many applications currently used in generating power. The testing of its prototype that produces even greater efficiencies by producing more energy than it consumes (free energy) continues.

The experts testing this device are cautiously optimistic that the HydroGenetics machine is producing efficiencies rarely seen, calling its results "tantalizing." Several data points revealed that the machine is indeed minimally efficient up to 99%. Most motors and sources of power like generators and alternators have substandard efficiency. Testing is still underway.

"We are extraordinarily excited with the objective results thus far. While we cannot sit here today and proclaim 'over unity,' it is our belief that our unique system has the potential to shatter conventional physics law as we know it," says newly appointed CEO Charles Hansen III. "This very project and others in development is why I came on board. We are determined to provide unique and impacting innovations to reduce energy consumption by either increasing efficiencies or developing other alternatives to fossil fuels. That is our mission and this is a great start to achieving some of these objectives."

About HydroGenetics, Inc.

HydroGenetics, Inc. is an alternative energy company. The company's mission is to acquire and develop alternative and "green" technology companies into revenue producing, profitable businesses, utilizing investment capital and other resources including management and strategic planning to increase shareholder value. HydroGenetics, Inc.'s wholly owned subsidiary, HydroAxis Technologies, Inc., is currently developing "green hydrogen generating technology systems for any internal combustion engine," which will significantly reduce gasoline consumption in existing and new vehicles.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact: Mark Balbirer 305-573-0821