April 9, 2009 Hydrogenetics Shareholders Appoint Charles Hansen III as CEOVeteran Public Company Executive to Lead Technologies to Commercial Applicability MIAMI, FL, Apr 09, 2009 (MARKET WIRE via COMTEX) -- Hydrogenetics, Inc.

(PINKSHEETS: HYGN) announced today it has appointed Charles Hansen III to its CEO position, which had been held on an interim basis by Ronny Halperin. The company recently removed its former CEO Marc Walther and shareholders appointed Halperin to lead the company throughout the search process.

As President and CEO, Hansen is responsible for day-to-day operations and leading the strategic direction of HydroGenetics, Inc.

Prior to joining HydroGenetics, Mr. Hansen was President and Director of Medirect Latino, the first national provider of diabetic testing supplies to the Medicare eligible Hispanic. Hansen was the driving force behind the marketing and brand development of this durable medical equipment provider having positive impact in the health and well being of this underserved Community on a National level. Over the past 25 years Hansen honed the skills needed for high level revenue building strategies and tactics by rising through the ranks of leading broadcast media companies representing ABC, NBC and CBS affiliates throughout the US. In 1998 Hansen was hired as a part of the management team that launched the PAX TV Network and was promoted to VP General Manager of WPXP-TV, the PAX flagship station. Hansen has demonstrated an ability to overcome complex business challenges and make high-stake decisions using experienced-backed judgment. While in the United States Marine Corps Mr. Hansen attended the United States Armed Forces Institute.
Jan 6, 2009 HydroGenetics Completes Acquisition of Buffalo Biodiesel

MIAMI, Jan 06, 2009 /PRNewswire-FirstCall via COMTEX/ -- ADDS $3.5M IN REVENUE, $1.5M EARNINGS
Emerging green energy holding company HydroGenetics, Inc. (Pink Sheets: HYGN) announced today that it had completed the acquisition of Buffalo Biodiesel, Inc. Headquartered in Northern New York, Buffalo Biodiesel is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the contract, Buffalo Biodiesel becomes a wholly owned subsidiary of HydroGenetics, Inc., and Sumit Majumdar will retain his position as President of Buffalo, while securing a seat on the HydroGenetics, Inc. Board of Directors.

"HydroGenetics is the perfect parent for us," says Majumdar. "Solid management, diverse technologies with huge upside, and of course, the relationships and core competencies that will help us grow in multiples over the next few years. I am thrilled with this deal and thrilled to be a part of HydroGenetics."

"This acquisition, as well as our maturation as we move toward becoming fully reporting should send the message to the investment community that we are moving in the right direction and that we should be on every investors watch list as a company on the move. We are thrilled as well," says CEO, Marc Walther. "Our emerging technologies, combined with the revenues generated by our new subsidiary provides us with the necessary cash flow to grow our biodiesel business short term while we are executing our long term financing strategy and the development and commercialization of green technologies in our pipeline."

Buffalo Biodiesel, Inc. is a unique biodiesel manufacturer because it does not rely solely on the collection of raw materials by 3rd party collection firms. Rather, Buffalo Biodiesel collects, renders and processes biodiesel itself, creating a more profitable and controlled alternative energy business and a customer base that continues to expand. "Shareholders in HydroGenetics, Inc. should be thrilled with today's announcement, as it signals maturity as well as a broader role for our company in today's green energy world," says CEO Walther.

Jan 5, 2009 HydroGenetics, Inc. Files Form 10 With the SEC to Become Fully Reporting 34 Act Company

MIAMI, Jan 05, 2009 /PRNewswire-FirstCall via COMTEX/ -- Management Beats its Self-Imposed Timetable by Several Weeks with Early Filing

Emerging green energy holding company HydroGenetics, Inc. (Pink Sheets: HYGN) announced today that it has filed a Form 10 with the Securities and Exchange Commission in order to become a fully reporting company under the Securities Act of 1934. The company beat its timetable as announced in previous press releases by several weeks, citing the completion of its financial audit in time for the company to file the document before January 1st.

"This filing marks yet another milestone for us in terms of validation with the investment community and sets the stage for HydroGenetics to become a leading player in alternative energy going forward," says CEO, Marc Walther. "This is the right time for a company like ours, which integrates existing technologies into solid, performing entities, and balances that with new emerging technologies that we believe will alter the energy landscape for the next 100 years. We have the best of both worlds."

The company has been active the last 30 days including the execution of a Binding Letter of Intent to acquire Buffalo Biodiesel, Inc., Headquartered in Northern New York. Buffalo Biodiesel is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the LOI, Buffalo Biodiesel will become a wholly owned subsidiary of HydroGenetics, Inc. "This agreement signals yet another segment of the green energy world HydroGenetics will contend in," says CEO, Marc Walther. "Our emerging technologies, combined with the revenues generated by our new subsidiary provide us with the necessary cash flow to grow our biodiesel business short term while executing our long term financing strategy and the development and commercialization of green technologies in our pipeline."

Buffalo Biodiesel, Inc. is a unique biodiesel manufacturer because it does not rely solely on the collection of raw materials by 3rd party collection firms. Rather, Buffalo Biodiesel collects, renders and processes biodiesel itself, creating a more profitable and controlled alternative energy business.
Dec 22, 2008 HydroGenetics, Inc. Elects to Reduce Authorized Shares By 750,000,000

Cap Restructuring, Form 10 Filing, M&A's Among Major Moves to Create Market Confidence.
MIAMI, Dec 22, 2008 /PRNewswire-FirstCall via COMTEX/ -- Emerging green energy holding company HydroGenetics, Inc. (http://www.hydrogeneticsusa.com) (Pink Sheets: HYGN) announced today that its Board of Directors elected to reduce the authorized shares of its company from 1,000,000,000 to 250,000,000, a 750 million share reduction in a weekend meeting held last night. The company has not indicated whether further reductions of its authorized shares are forthcoming. "This move should boost investor confidence in that we are restructuring our company to contend in major exchanges, as we continue to build shareholder value and execute our business strategy," says CEO Marc Walther. "We hope that by the end of this week, we will have filed our Form 10 with the SEC which should further signal to the investment community we are doing the things that responsible, intelligent, public companies ought to do."
Just this past Friday, the company announced the execution of a Binding Letter of Intent to acquire Buffalo Biodiesel, Inc., Headquartered in Northern New York. Buffalo Biodiesel is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel.

Buffalo Biodiesel, Inc. is a unique biodiesel manufacturer because it does not rely solely on the collection of raw materials by 3rd party collection firms. Rather, Buffalo Biodiesel collects, renders and processes biodiesel itself, creating a more profitable and controlled alternative energy business and a customer base that continues to expand.

About Buffalo Biodiesel, Inc. (http://www.buffalobiodiesel.com/)

Buffalo Biodiesel, Inc., is an alternative energy company that sells biodiesel and processes yellow grease for the production of biodiesel to companies in the USA and abroad. Buffalo Biodiesel Inc. is also a member of the National Biodiesel Board and the Kenton Chamber of Commerce.
Dec 19, 2008 HydroGenetics, Inc. Announces Binding Letter of Intent to Acquire Leading Northeastern Biodiesel Producer

MIAMI, Dec 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- Emerging green energy holding company HydroGenetics, Inc. (http://www.hydrogeneticsusa.com) (Pink Sheets: HYGN) announced today the execution of a Binding Letter of Intent to acquire Buffalo Biodiesel, Inc. (http://www.buffalobiodiesel.com). Headquartered in Northern New York, Buffalo Biodiesel, Inc. is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the LOI, Buffalo Biodiesel, Inc. will become a wholly owned subsidiary of HydroGenetics, Inc. "This agreement signals yet another segment of the green energy world HydroGenetics, Inc. will contend in," says CEO Marc Walther. "Our emerging technologies, combined with the revenues generated by our new subsidiary provides us with the necessary cash flow to grow our biodiesel business short term while we are executing our long term financing strategy and the development and commercialization of green technologies in our pipeline."

Buffalo Biodiesel, Inc. is a unique biodiesel manufacturer because it does not rely solely on the collection of raw materials by 3rd party collection firms. Rather, Buffalo Biodiesel, Inc. collects, renders and processes biodiesel itself, creating a more profitable and controlled alternative energy business and a customer base that continues to expand." Shareholders in HydroGenetics, Inc. should be thrilled with today's announcement, as it signals maturity as well as a broader role for our company in today's green energy world," says CEO Walther.

About Buffalo Biodiesel, Inc. (http://www.buffalobiodiesel.com)

Buffalo Biodiesel, Inc., is an alternative energy company that sells biodiesel and processes yellow grease for the production of biodiesel to companies in the USA and abroad. Buffalo Biodiesel Inc. is also a member of the National Biodiesel Board and the Kenton Chamber of Commerce.
Dec 16, 2008 HydroGenetics, Inc. Announces Plans to Move to the Over-the-Counter Bulletin Board

MIAMI, Dec 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- HydroGenetics, Inc. (Pink Sheets: HYGN) CEO, Marc Walther, announced today, the company intends to file its Form-10 registration statement with the Securities and Exchange Commission by the first week in January. HydroGenetics also intends have a broker/dealer apply for an Over-the-Counter Bulletin Board, (OTCBB) listing subsequent to the filing of the Form-10 registration statement. Mr. Walther further states, "This is an exciting time for HydroGenetics and our shareholders as we are initiating our acquisition strategy in the alternative energy arena. We are currently looking at several acquisitions in the biodiesel industry of which are profitable and employ 'green' technology, turning waste products into 'green' biodiesel."
About HydroGenetics, Inc.

HydroGenetics, Inc. is an alternative energy company. The company's mission is to acquire and develop alternative 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.