VANCOUVER, Wash., Feb. 12, 2004 (PRIMEZONE) -- Hydro Environmental Resources, Inc. (OTCBB:HYVR) received a letter of intent from Terra Nova Nurseries to install its Electrical Chemical Hydrogen Fuel Reactor (ECHFR). The letter outlines the agreement to have a unit designed and installed to supplement both the existing hydronic root heating system, as well as providing hydrogen to be consumed through its converted natural gas burning commercial heating units within the greenhouse.
"This exciting project is the ideal forum to showcase our technology," says interim CEO Mark Shmulevsky. "It permits us to utilize all three aspects of our reactor. The first application is our heat recovery process. The unit will recapture the BTU or heat energy generated during the chemical reaction and channel it to provide heated water to the green house hydronic root heating system. The second application demonstrates our ability to provide Hydrogen gas to the converted natural gas burning commercial heating units. The third and emerging application is that of the collection of the re-sellable byproduct produced during the running of the ECHFR. The goal of this project is to reduce the overall costs and dependence on natural gas, as well as facilitating Terra Nova's aspiration to become a truly 'green' green house. We are extremely pleased to be working with a partner like Terra Nova Nurseries. Their award winning contributions and worldwide reputation for innovation in their field is a great foundation for us to begin building our relationship. The success of this project will allow us to further explore additional opportunities in the agricultural sector."
About Terra Nova Nurseries
Terra Nova Nurseries is a privately owned company founded in 1991. It is an innovative plant production company developing, introducing and producing new, hardy perennials for the international marketplace. Terra Nova has created a niche of premium perennials, the majority unavailable at any other nursery in the world. Their marketing is primarily done through mail order nurseries, garden centers, specialty nurseries, and premium plant wholesalers. Web site: www.terranovanurseries.com
About Hydro Environmental Resources
Hydro Environmental Resources, Inc. holds the rights to the Electrical Chemical Hydrogen Fuel Reactor (ECHFR), which is one of the first hydrogen reactors that eliminates the need for an outside energy source to produce a pure commercial-grade of hydrogen at low pressure. This proprietary process delivers a highly mobile, more cost-effective and physically safe production of hydrogen than alternative methods, which require outside energy sources such as electricity, solar power and fossil fuels. The Company (HERI) was founded in 1998 with the primary goal of exploring avenues to improve the global environment through the development of safe and efficient methods of alternate energy production. The HERI team is focused on the production of alternate energy in the form of hydrogen gas, heat recovery, clean and potable water, through its breakthrough technologies. Today the ECHFR can provide environmentally safe and cost-effective hydrogen and heat energy to meet the needs of the enormous alternative energy industry.
Safe Harbor: This press release may include statements which are considered "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are identified by their use of terms and phrases such as "believe", "expect", "plan", "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Hydro Environmental Resources. These factors include, but are not limited to, the following: the cost and timing of development and market acceptance of Hydro Environmental Resources hydrogen generation systems competitive factors, such as price competition and new product introductions, other factors detailed from time to time in Hydro Environmental Resources, Inc. filings with the Securities & Exchange Commission.