Energy 1 Hires Hilbroy Advisory as Its Corporate Finance Advisor

* Reuters is not responsible for the content in this press release.

Tue Jul 7, 2009 9:30am EDT

DETROIT, July 7, 2009 (GLOBE NEWSWIRE) -- Energy 1 Corporation (Pink
Sheets:EGOC) announced today that it has engaged the services of Hilbroy
Advisory Inc. to help manage its investment banking and corporate finance
affairs.

According to the company, since 2000, Hilbroy Advisory has helped publicly and
privately held corporations raise funds through institutional investors and
accredited investors. The initial task of Hilbroy Advisory will be to manage all
disclosure requirements and the company's securities awareness campaign. Hilbroy
Advisory Inc. currently owns 13,000,000 restricted common shares of Energy 1
Corp.

Disclosure Information

Hilbroy Advisory Inc. is an advisor to Cunningham-Adams Asset Management and its
group of funds including but not limited to Cunningham-Adams Small Cap Fund I,
Fund II, and Green Fund. Jean-Francois Amyot is the President of Hilbroy
Advisory Inc. and he is a unit holder of the Cunningham-Adams funds through a
holding company named Toyma Capital Inc. Toyma Capital Inc. is the majority
shareholder of Hilbroy Advisory and Toyma Capital is wholly owned by the Amyot
Family Trust and Jean-Francois Amyot is one of the Trustee and one of the
discretionary beneficial owners of the trust. It is therefore advantageous for
Cunningham-Adams's group of funds to support and finance the businesses it
currently holds directly and or indirectly in its portfolio. The public company
used in the transaction with Corp. was a company, which received approximately
$2 million in financing from Cunningham-Adams Small Cap Fund I. In addition, the
company acquired an oil and gas property from Lotta Coal Inc., whereby
Cunningham-Adams Small Cap Fund I was also a shareholder by way of its
investment in Lotta Coal of approximately $6 million. Cunningham-Adams Small Cap
I is therefore a large shareholder of Energy 1 Corp, but holds less than 10% of
the corporation.

About Hilbroy Advisory Inc.

Hilbroy Advisory Inc. is a Canadian-based advisory and consultancy company
founded in September 2000. Hilbroy provides publicly traded and private
companies, institutions and individuals with a series of advisory services
enabling these companies to fully reach their corporate objectives and
potential. The company's head office is located in Montreal, Canada.
www.hilbroyadvisory.com Hilbroy has secured its international position through
affiliate offices in London, Zurich and soon Moscow and Hong Kong. Hilbroy has
established numerous international relationships over the years with Broker
Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well
as with Investor Relations firms and consultants.

About Energy 1 Corporation

Energy 1 Corporation is a US based Energy Research and Development Corporation,
which is developing a long-life energy generator and storage systems for
residential, commercial and transportation industry.

Important Information

About Forward-Looking Statements: Statements in this press release may be
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they relate to the
company or its management, identify forward-looking statements. These statements
are based on current expectations, estimates and projections about the company's
business based, in part, on assumptions made by management. These statements are
not guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual outcomes and
results may, and probably will, differ materially from what is expressed or
forecasted in such forward-looking statements due to numerous factors, including
those described above. In addition, such statements could be affected by risks
and uncertainties related to the exploration for and development of mineralized
material, product demand, market and customer acceptance, competition, pricing
and development difficulties, as well as general industry and market conditions
and growth rates and general economic conditions. Any forward-looking statements
speak only as of the date on which they are made, and the company does not
undertake any obligation to update any forward-looking statement to reflect
events or circumstances after the date of this release. Information on the
Company's website does not constitute a part of this release.

-0-
CONTACT:  Energy 1 Corp.
          Ian Morrice, Managing Director
          imorrice@energy1corp.com

          Spoke IR
          1 647 351 7477
          EGOC@spoke-ir.com
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