HYBE Hybrid Energy Holdings Inc (CE)

Hybrid Energy (PINKSHEETS: HYBE) reports today the continuing appreciation in the market value and income potential of its Photovoltaic (PV) and Solar Thermal technology recently acquired as part of the $18M Technology Transfer Agreement and Joint Development Agreement with KS IP Holdings, LLC.

In its recent report 'United States PV Market 2010,' published July 26th, Solarbuzz forecasts the market will grow to between 4.5-5.5 GW depending on the scenario. This is around ten times the size of the 2009 market, an average annual growth rate of 30% per annum.

The report concludes that the large number of state policy initiatives are doing the job of stimulating local markets and the development of new state markets together with the return of the corporate segment and steady growth in residential demand stimulated by cuts in end-market pricing continue to drive the market. Federal incentives will also be playing a much larger role in stimulating demand over the next two years.

Hybrid Energy believes the PV and Solar Thermal Market, particularly for residential and commercial use, is a high growth sector promising to become a significant and vital energy option primed for strong sales growth of the company's holdings and technologies.

The Company recently announced the first development projects to evolve from the Photovoltaic (PV) and Solar Thermal technology Intellectual Properties (IP) recently acquired as part of the $18M Technology Transfer Agreement and Joint Development Agreement with KS IP Holdings, LLC, a private company specializing in clean energy technologies.

The projects, to be co-developed and distributed as part of the Agreement, center on the development and distribution of Solar Thermal building and conversion products for both residential and commercial applications.

Additionally, the Company recently announced the signing of a Letter of Intent (LOI) with Visalo Energy, Inc. to acquire their Heavy Oil Extraction Technology, paving the way to enter the expanding $155 billion per year Heavy Oil Industry.

The LOI calls for the Company to acquire the Intellectual Property (IP) asset, the International Licensing rights for distribution and operations; as well as to Joint Venture with Visalo Energy Inc. regarding further technological development. The company will also initiate sales and marketing efforts to locate oil producing properties for joint venture production arrangements.

The Heavy Oil Extraction acquisition, together with the Solar Energy Acquisition and Development Project and the addition of technologies to increase the Company's production efficiencies and profitability, will increase the Company's revenue and shareholder value.

The Company's foundation-building Phase I strategic plan called for traditional and proven fuel production acquisitions to establish revenues and assets. Building on its success, the Company launched Phase II of its growth strategy and began its transition to alternative and renewable energy and technology revenue models.

The Company intends to diversify its holdings into forward-thinking energy production and technology and divest its direct operation of production fields and focus instead on licensing, joint-ventures and distribution.

The company's New Energy Initiative calls for the aggressive investment in, and acquisition and development of nascent 'New Energy' technologies, Intellectual Property assets, and operations in the Clean Energy, Energy Smart Technologies and Carbon Capture & Storage sectors of the Energy Sector.

The company is assessing the acquisition of several new assets, operations and technologies and encourages further technology submittals and developmental joint ventures through the Merger & Acquisition portal at www.HybridEnergyHoldings.com

About Hybrid Energy Holdings

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. The Company acquires sector-specific technology and assets as part of its Phase II Clean Energy Initiative. HEH's prior foundation building acquisitions focused primarily on traditional and proven fuel production has transitioned its growth strategy to adding the latest in energy conservation, reclamation, and power co-generation technologies. HEH may acquire nascent energy technology or rights as portfolio enhancing assets. HEH's primary business strategy is the acquisition of diverse, profitable energy-related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of profitability and mitigated-risk funding structures provides long-term shareholder equity appreciation.

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

Safe Harbor Statement

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.

Contact: Investor Relations Tel: +1 (775) 636-7602 Fax: +1 (775) 996-7330 info@HybridEnergyHoldings.com