TAMPA, Fla., April 11, 2006 (PRIMEZONE) -- Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces that is receiving separate proposals from a final two manufacturing entities, for the production of the Energy Commander V low impact hydro 30 kilowatt units for North American production. The manufacturers, located in the Southern United States, are both capable of bringing to production the 500 units of the EC V during the first year of domestic production, and expanding production for years to come. Notably, both entities are well known within the production modes of the energy business of North America. IHDR is projecting full unit production to be commenced in June, 2006 and has interviewed other energy parts manufacturing entities, along with the two remaining entities it has chosen to select for final approval. Such entities are committed to be the source manufacturing for the environmentally friendly small hydro units to be acceptable in North America.
The actual manufacture of the EC V energy unit in production is expected to exceed 2,000 units by the second year, at a cost of $7,500 per unit, and an annual revenue projected at $17,500 per unit. IHDR's senior management is interviewing the final two entities for such a contract, projected to be commensurate with first unit deployment at the end of April 2006. IHDR's EU Partner, Cm2 is prepared to produce all units required for the EU, and the U.S. as required, however, with the potential demand and the production partners available in the U.S., IHDR will likely choose to select a U.S. manufacturer for such deployment.
The EC V units use the natural flows of water from dams, water pipelines, streams and rivers, along with the multiple uses in industrial flows in wood-pulp, chemical, lumber, mining, textile, steel production, oil refining, utility plants, cooling systems in all such uses, and other uses defined by our end potential users. The flows as shown available from these users mean that the applications of the EC V will be so numerous, that the identified uses by end users under contract and letter of intent will fill out the first year's targeted placement. With over 500 units projected and targeted in the first year of production for the U.S. and over 2,000 for the second year, the domestic market will mean an ongoing production and entry of a steady source of revenue in an energy unit that exists without competition. The EC V used the positive displacement system, patented to IHDR.
Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.