SEATTLE, Oct. 9 /PRNewswire-FirstCall/ -- Hydrogen Power, Inc. ("HPI", "the company") (OTC:HYDP) (BULLETIN BOARD: HYDP) today announced that Mr. Henry Fong has been appointed as an observer/advisor to the HPI Board of Directors, effective October 9, 2007. Mr. Fong has over forty years of business experience in both the public and private sectors. He has served as president, CEO and/or director of numerous publicly-traded companies listed on the NASDAQ Stock Market, American Stock Exchange, New York Stock Exchange, and the OTC Bulletin Board. In 1983, he founded and became president of Equitex, Inc., a business development company. Prior to his private sector experience, Mr. Fong served in various accounting, finance, and budgeting positions with the U.S. Air Force from 1959-1982, including an interagency work assignment in the Office of Management and Budget, Executive Office of the President, and senior management positions at Air Force Headquarters in the Pentagon. He culminated his Air Force career as Director of Plans and Systems for the Air Force Accounting and Finance Center in Denver, and was appointed to the Senior Executive Service, the equivalency of general officer rank. Mr. Fong holds an MBA from the University of Arkansas' Walton School, and an undergraduate degree in Business Administration from Hendrix College. He also attended the Woodrow Wilson School at Princeton University, where he was a Princeton Fellow in Public Affairs. In commenting on this new appointment, Mr. David Cade, HPI's Chief Executive Officer, said: "The addition of Mr. Fong as an advisor to our Board gives the company and its shareholders a valuable asset in capital raising and broad executive experience which will serve us well as we seek to productize and commercialize our unique hydrogen generation technology with selected partners." HPI (http://www.hydrogenpowerinc.com/) is a development stage hydrogen generation company with patented technology and lab demonstrator prototypes based on a proprietary aluminum-water chemical reaction. The company's addressable markets include portable and stationary power applications for National Security, Homeland Security and commercial customers demanding safe, pure, cost-effective hydrogen on-site and on demand, with no external power required and no toxic materials or by-products. Safe Harbor for Forward-looking Statements: This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. DATASOURCE: Hydrogen Power, Inc. CONTACT: Ursula Bell, Corporate Administrator of Hydrogen Power, Inc., +1-206-223-0506, Web site: http://www.hydrogenpowerinc.com/

Copyright