TAMPA, Fla., April 3, 2006 (PRIMEZONE) -- Internal Hydro International, Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces that it will utilize its previous listing on the Frankfurt Stock Exchange (FSE) in the near term. The listing will be utilized by allied parties to further enhance IHDR's European presence as the provision of an investment platform for the European side of Internal Hydro's operations in the renewable energy field. IHDR has had a listing on the Frankfurt Stock Exchange since August, 2004, under the stock symbol UW8, which has been inactive.
With the entry of IHDR into the European marketplace with products and licensed technologies, and the existence of two well placed European entities that are participating with IHDR in the European energy and investment sectors, the increase of IHDR's investor base in Europe is seen as a stock value enhancement which will have reciprocal value on the OTCBB market in the U.S. With a planned European investor awareness program soon to be implemented, the already present awareness of IHDR in Europe, and the market entry of its products and other operations in Europe, is expected to drive investor demand for IHDR shares, which will be limited in availability on that market. Given the small amount of public float in IHDR in the U.S., and with no shares available for trading on the Frankfurt Exchange before this time, the value of the additional purchasing by European investors should increase shareholder value domestically.
"Our listing on the Frankfurt Stock Exchange was seen as a future expansion point for European investment at some point in the future when we did it in 2004," stated IHDR CEO and President, Craig A. Huffman. "We chose not to actively participate on the FSE exchange until we had strong product and market entry, and now is the time that we see the demand for IHDR participation to be optimum and purchase demand at a high point especially with the favorable setting for all our renewable energy products," Huffman continued.
The Frankfurt Stock Exchange is one of the largest and most efficient exchanges in the world. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. The Frankfurt Stock Exchange has over 90 percent of turnover in the German market and a big share in the European market. Here the Frankfurt Stock Exchange floor trading uses a fast developing and expanding electronic trading (Xetra trading system) the FSE gains in European and international trade: partner-exchanges adopted the Xetra (trading system) in the Vienna Stock Exchange in 1999, the Irish Stock Exchange in 2000 and the Budapest Stock Exchange in 2003. Mainly through Xetra, the German stock market was opened to foreign investors and market participants. About 47% of the 300 market participants in Frankfurt come from abroad.
About Internal Hydro International, Inc.
Internal Hydro International, Inc. is an alternative energy company that developed a clean energy power system, the Energy Commander Systems, which utilizes a patented technology using waste water, fluid or gas flow from any source where flow pressure is present, and yet wasted, to create electricity. Internal Hydro has grown into a multi-national enterprise with international contracts spanning over three continents. Internal Hydro is well positioned to gain major market share and dominate the niche of hydro energy and expansion into other renewable energy areas in the fragmented alternative energy marketplace. For more information, please visit the company's Web site at www.InternalHydro.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of IHDR officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future IHDR actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and IHDR has no specific intention to update these statements.