TAMPA, Fla., Oct. 17, 2005 (PRIMEZONE) -- Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) (IHDR) announces that its initial placement of low impact hydro units at pre-selected locations will be aimed toward higher profile uses, but will exhibit the ecologically friendly aspects of units at environmentally sensitive but energy needy areas. IHDR will split its initial units between initial placement in Europe and North America. Initially, the first ten units will be placed at industrial and natural flow sites. With each unit producing 30 kilowatts of power per unit, the placements will provide significant power reduction for the companies and users. Each unit will produce revenue from four sources, being the electricity revenue, renewable energy credits, tax credits, and new energy credits and revenue from the energy act.
Some locations such as lumber mills, textile plants, and other industrial areas which have sought units to be delivered, have been evaluated to take some of the initial first ten units upon delivery. IHDR will seek to place the units in a cross section of uses, including dams, lumber mills, industrial settings including chemical, aquaducts, pipelines, refineries and other flow areas. IHDR's site plans will be for multiple units at most of these locations, however, for purposes of first placement this will be limited at IHDR's discretion for application showing.
IHDR plans, for instance, call for placement of forty (40) Energy Commander 30 kilowatt units at a single U.S. location, such as a dam site, would result in an energy output of over 1.2 megawatts. Such energy production will result in revenues from the placed units at a projected $750,000.00 per year in the United States, and appreciably more in the European sector, with electricity supplied to the local community and grid. With over 70,000 non energy-producing dams in the United States alone, IHDR's plan for placement could mean multitudes of EC units placed under similar plans, bringing new electricity production to areas with no ability to use large hydro.
About IHDR: IHDR is an alternative energy company based in Tampa, Florida. IHDR is currently readying units of its core technology of low impact/small hydroelectric generation units for market delivery under contracts both domestically and globally.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company cautions that these statements are further qualified by important factors that could cause actual results to differ materially from those in the forward looking statements, including, among others, the following: reduced or lack of increase in demand for the Company's products, competitive pricing pressures, and the level of expenses incurred in the Company's operations. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.