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HyperSolar Achieves Major Milestone for Splitting Water Molecules to Produce Renewable Hydrogen Fuel

2015-06-30 03:30 ET - News Release

SANTA BARBARA, CA -- (Marketwired) -- 06/30/15

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 reached the 1.4 volts (V) milestone. This record achievement moves the Company significantly closer to using artificial photosynthesis to split water into hydrogen and oxygen using only the power of the sun.

The Company's research team had previously met the challenge of reaching 1.25 V, the theoretical minimum voltage needed to split water molecules into hydrogen and oxygen. The 1.4 V mile results were recorded at the University of Iowa campus research location. Now, the Iowa research team is seeking to exceed 1.5 V, the practical voltage needed to effectively split water in commercial systems.

Further facilitating this voltage increase, the Iowa research team recently identified a low cost process that effectively replaces the conventional and expensive vapor deposition process required to make the solar cell component. This breakthrough overcomes a critical cost challenge, allowing the Company to focus its efforts on developing a complete prototype of a self-contained solar-powered hydrogen production unit with photovoltage more than 1.5 V. The prototype would form the basis for developing an economical large scale manufacturing process.

"We are extremely pleased to record voltage samples at such a high level that clearly demonstrate the progress we have achieved in our pursuit of renewable hydrogen fuel," said Tim Young, CEO of HyperSolar. "Our research teams at the University of Iowa and University of California, Santa Barbara, have worked extremely hard to reach this level of performance. We are confident that the recent breakthroughs will bring us significantly closer to building cost-effective real world systems for producing hydrogen at or near the point of distribution using only water and the power of the sun. As commercial adoption widens in consumer markets for fuel cell vehicles and numerous industrial applications, we believe the Company is well-positioned for future licensing efforts and overall product implementation."

HyperSolar's research is centered on developing a 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 of an early proof-of-concept prototype can be viewed at http://hypersolar.com/application.php.

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.

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