Buffalo Biodiesel Inc. Signs Contract With Major Biodiesel Manufacturer

MIAMI, FL, Apr 29 (MARKET WIRE) --
HydroGenetics, Inc. (PINKSHEETS: HYGN) is pleased to announce today that
on April 4th, 2009 Buffalo Biodiesel Inc. (BBD), a wholly owned
subsidiary of HydroGenetics Inc., entered into a delivery contract of
750,000 lbs of high quality recycled biodiesel feedstock with one of the
largest biodiesel producers in the North East.

The company has delivered over half the contract and expects to deliver
the remaining contract ahead of schedule. This one contract alone will
gross BBD $137,000 by the end of April.

CEO Charles Hansen commented, "In this challenging business environment
BBD has demonstrated its ability to show growth month over month. We are
working with some of the top tier Biodiesel companies in North America and
we plan to expand our operations aggressively."

Buffalo Biodiesel's 2008 unaudited financial statements reflect $1,750,000
on revenues with approximately $300,000 net profit. HydroGenetics, Inc.
will initiate an audit in order to become a fully reporting 34 Act company
immediately.

BBD has some exciting events upcoming and the company will continue to
update our shareholders as events unfold.

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.

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

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