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Message #3
From: NewsBot
Date: November 17, 2006 09:04:00 AM

HYDP News Hydrogen Power, ISE-CCM Index Performers Poised To Grow, With US Oil Vulnerable To Supply Disruptions And Price Spikes, Says Investrend Analyst Piyali Chakravarty In Q3 Alternative Energy Sector Report

NEW YORK--(BUSINESS WIRE)--(Investrend Research Syndicate) Alternative Energy Sector spotlight company Hydrogen Power International (OTCBB: HYDP), and ISE-CCM Alternative Energy Index components Altair Nanotechnologies (NASDAQ: ALTI), Central Vermont Public Service Corp (NYSE: CV) and Hydrogenics Corp (NASDAQ: HYGS) are among public companies poised to grow as US consumes 25 percent of the world’s oil with just 2 percent of its proven reserves, making the US economy increasingly vulnerable to supply disruptions and price spikes, according to Investrend Research analyst Piyali Chakravarty In Q3 Alternative Energy Sector Report.

The full report is at http://www.investrendresearch.com. In it the analyst also stated:

“The Alternative Energy Sector is poised for future growth as evident from macroeconomic factors, worldwide government initiatives, tremendous interest from the private sector and venture capitalists and growing demand for energy from China and India. Four clean energy technologies- biofuels, wind, solar, fuel cells are in total projected to grow to $167 billion by 2015, according to Clean Edge Research. Emerging growth trends like cutting edge silicon technologies, portable power race and security industry applications as well as green vehicles powered by flex fuels are expected to bolster further growth of the sector. Alternative Energy Indices have outperformed broad market indices over the past year. Although many alternative energy companies are still in the development phase of their product life cycle and many challenges continue to prevail for alternative energy players, companies with interesting products can capture market share and grow to become viable investment opportunities.”

The coverage, commissioned by Cronus Capital Markets (http://www.cronuscapitalmarkets.com), and which provides the Alternative Sector index in partnership with International Securities Exchange (NYSE: ISE), will be updated quarterly, and is the first to continuously monitor the Alternative Energy sector.

The report is available in its entirety; along with the Hydrogen Power (formerly Equitex Inc.) Sector Spotlight at http://www.investrendresearch.com

The analyst for the Hydrogen Power (formerly Equitex Inc.) Sector Spotlight is Oren Meytes, CFA.

Enrollment in standards-based research is an important measure of a company’s commitment to transparency and Good Governance. Investrend Research’s pioneering program facilitates independent analysts to provide coverage for shareholders in companies that otherwise would have little or no analyst following. Investrend subscribes to the “Standards for Independent Research Providers” at http://www.firstresearchconsortium.com, and its research is enrolled for investor monitoring by the not-for-profit Shareholders Research Alliance, Inc. (http://www.shareholdersresearch.com).

Enrollment fees for Spotlight Analytics coverage are $4,000 per quarter and the fees were paid by Hydrogen Power. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary interest, and neither the analyst nor employees of Investrend Research may own or trade stocks of companies under coverage.

Complete information is available at each covered company’s InvestorPower page accessible from http://www.investrend.com/company/list.asp?sPathParam=yes.

Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

Anyone interested in receiving alerts regarding Alternative Energy research should email contact@investrend.com with “ALT” in the subject line.

Anyone interested in receiving alerts regarding Hydrogen Power International research should email contact@investrend.com with “HYDP” in the subject line.

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