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Hydrogen Power International, Inc. (formerly Equitex, Inc.) (OTC.PK: EQTX) (Corporate Profile, News and Info) is a Seattle-based company with a strong IP portfolio that has developed patented technology for producing hydrogen gas in a process called Hydrogen Now(TM). The HPI Hydrogen Now patented system creates pure hydrogen from the reaction utilizing aluminum, whether raw or recycled, any type of water, and an environmentally friendly catalyst that produces no toxic byproduct. Hydrogen Now can be used to generate hydrogen on-site and on-demand without electricity thus overcoming significant transportation and storage problems. The HPI process is meant to be a cost competitive replacement for fossil fuels and has the potential to create hydrogen at customized rates and pressures to power internal combustion engines or fuel cells. The Company is approaching the completion of commercial prototypes for their hydrogen production technologies.

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