FuelCellsWorks

GARDNERVILLE, NV — SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company’s majority-owned subsidiary, Polygenic Power Systems (”PPS”), has been notified that its application for grant funding from a major North American Government Agency has been approved. The funding, when received by PPS and its partners, will support SymPowerco’s Flowing Electrolyte Direct Methanol Fuel Cell (FEDMFC) advanced development program.

SymPowerco’s extensive grant application included detailed development plans for the FEDMFC project including engineering objectives, scalability testing as well as detailed manufacturing and marketing plans. As a result of the funding approval, SymPowerco intends to complete and implement its development plans with its project partners, Hybrid Energy Technologies, Inc. and Carleton University in Ontario, Canada. Development activities under this project are expected to start in late summer or early fall of 2009.

Stated SymPowerco President and CEO, John Davenport, “We at SymPowerco are very pleased that our grant application has been approved. Like all such applications, our application was subject to rigorous academic and industrial peer reviews before final acceptance. We have successfully completed that process and we can now move forward with our plans. We believe that our Flowing Electrolyte Direct Methanol Fuel Cell will be a strong candidate for a wide variety of Hybrid Power System and Fuel Cell markets.”

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today’s energy and environmental challenges.

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