Buffalo Biodiesel Inc. Signs 3rd Contract With Major Biodiesel Manufacturer

MIAMI, FL, May 11 (MARKET WIRE) --
HydroGenetics, Inc. (PINKSHEETS: HYGN) is pleased to announce today that
on May 4th, 2009, Buffalo Biodiesel Inc. (BBD), a wholly owned subsidiary
of HydroGenetics Inc., entered into a delivery contract of 1,000,000 lbs
of high quality recycled biodiesel feedstock in June with one of the
largest biodiesel producers in the North East. The contract will gross
BBD in excess of $220,000.

BBD completed the first contract of 750,000 lbs of high quality recycled
biodiesel feedstock in April and the second contract 1,000,000 lbs of high
quality recycled biodiesel feedstock in May.

CEO Charles Hansen commented, "BBD delivers a superior product that is
competitively priced." The animal fat markets have changed direction and
have begun to rally as the surrounding markets such as crude oil, heating
oil and world vegetable oils have all moved sharply higher in price over
the past couple of weeks*.

We anticipate BBD to secure additional contracts and will continue to
update our shareholders as events unfold.

* Source: The Jacobsen, May 10, 2009

About HydroGenetics, Inc.

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