EHYD Ehydrogen Solutions Inc (CE)

eHydrogen Solutions (Pink Sheets:EHYD)  announced today the Company's Chairman and CEO has tendered his resignation, effective immediately. Mr. Welch suffered a sudden and major family tragedy preventing his performance of any professional duties.    As a result, many of the company's current initiatives, prior investments' future income, and ongoing technological development and design work may not succeed as anticipated, if at all.

The company will adjust its operations to lines of business with existing operations and existing support and development personnel not reliant upon the continued involvement of the CEO.  

The Company will focus its operations and business development exclusively on the development of hydrogen powered internal combustion engine conversions and hydrogen-powered passenger vehicles.

All prior operations, assets, and designs dependent on the CEO will be either divested or placed on hold for the foreseeable future or until such time as the company can obtain the necessary research and development resources.

The CEO has agreed to waive all accrued deferred compensation and future royalties and other anticipated incomes. He has waived any rights or claim to equity in the company.

About eHydrogen Solutions

eHydrogen Solutions (eHs) specializes in the development of hydrogen production and conversion systems for internal combustion vehicles and the design and development of hydrogen powered vehicles. The Company's technologies are designed to produce hydrogen in the most cost effective, environmentally friendly and sustainable manner possible.

eHs' proprietary echnologies are available to qualified partners in a wide variety of vertical and/or geographic markets worldwide, through joint development/adaptation, distribution and production agreements.

Safe-Harbor

This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.

The company maintains its web site at: www.eHydrogenSolutions.com

CONTACT:  eHydrogen Solutions, Inc.
          Investor Relations
          +1 (775)-636-6077
          info@eHydrogenSolutions.com