HyperSolar Extends Research Agreement With University of Iowa

HyperSolar Extends Research Agreement With University of Iowa
 
Company Renews Contract With Leading University That Has Played a
Significant Role in Achieving Recent Technological Milestones 
 
SANTA BARBARA, CA  -- (Marketwired) -- 04/26/16 --  HyperSolar, Inc.
(OTCQB: HYSR), the developer of a breakthrough technology to produce
renewable hydrogen using sunlight and any source of water, announced
today that it has extended its sponsored research agreement with the
University of Iowa through April 30, 2017. The Company seeks to
sustain the momentum achieved in scaling up its renewable hydrogen
production technology to meet growing market demand.
 
Led by Dr. Syed Mubeen, the scientific team at the University of Iowa
has spurred development of HyperSolar technology. Recent
technological milestones include (1) identifying a simple and
low-cost process for the manufacturing of solar hydrogen production
cells, (2) developing a proprietary coating made of inexpensive earth
abundant materials to protect the solar cells during the hydrogen
generation process, and (3) identifying a process to produce
renewable hydrogen using a low-cost photocatalyst as opposed to more
expensive, platinum-based catalysts. The research team has now turned
its focus to further demonstrating capabilities at larger scale. 
 
The extension of the sponsored research agreement with the University
of Iowa was a critical objective for HyperSolar leadership. Following
this announcement, the Company seeks to add an additional member to
its scientific research team, effective this year. 
 
"The team at the University of Iowa has been essential to
accomplishing the technological advancements we've made since adding
them to our research group," said Tim Young, CEO of HyperSolar. "By
announcing this year-long extension, we are establishing a continuity
in terms of both leadership and experience in working with HyperSolar
technology. We are confident that as our scientific team continues to
grow, we will achieve our goal of producing low-cost, renewable
hydrogen fuel, of which there has been increased demand for generated
by an increasing number of potential market applications."
 
HyperSolar's research is centered on developing a low-cost and
submersible hydrogen production particle that can split water
molecules under 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 detailing the rise of
hydrogen fuel technology as well as HyperSolar's completely renewable
process of hydrogen fuel production can be viewed by visiting here.
 
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.
 
 
Press Contact:
Eric Fischgrund
FischTank Marketing and PR 
646-699-1414
Email contact: https://go.marketwire.com/Public/InformationRequestFor
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