HYGN Hydrogenetics Inc (CE)

HydroGenetics, Inc. (PINKSHEETS: HYGN) is pleased to announce today that Buffalo Biodiesel Inc. (BBD), a wholly owned subsidiary of HydroGenetics Inc., completed delivery of 150,000 lbs of high quality recycled biodiesel feedstock with a Midwest Biodiesel Broker.

The contract required BBD to deliver 150,000 lbs of high quality recycled biodiesel feedstock in May. The contract will gross BBD in excess of $30,000.

CEO Charles Hansen stated, "Diversifying its customer base is just good business, it reduces some of the risk of being dependant on one sector of the industry."

BBD recently completed a contract of delivering 750,000 lbs of high quality recycled biodiesel feedstock in April and is in the process of fulfilling the second contract of 1,000,000 lbs of high quality recycled biodiesel feedstock in May. June and July contracts of 1,000,000 lbs per month are expect to be delivered ontime.

About HydroGenetics, Inc.

HydroGenetics, Inc. is an alternative energy company. The company's mission is to acquire and develop alternative "green" technology and "green" technology companies into revenue producing, profitable businesses, utilizing investment capital and other resources including management and strategic planning to increase shareholder value. HydroGenetics, Inc.'s wholly owned subsidiary, HydroAxis Technologies, Inc., is currently developing "green hydrogen generating technology systems for any internal combustion engine," which will significantly reduce gasoline consumption in existing and new vehicles.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact: Mark Balbirer 305-573-0821