New Small, Transportable Nuclear "Battery" from Hyperion Power Generation to be presented...

New Small, Transportable Nuclear "Battery" from Hyperion Power Generation to be presented at International Atomic Energy Agency's (IAEA) 52nd General Conference in Vienna, Austria

LOS ALAMOS, N.M.--(Business Wire)--
Members of the International Atomic Energy Agency (IAEA) will have
an opportunity to learn about Hyperion Power Generation's (HPG -
http://www.hyperionpowergeneration.com) unique, small, nuclear power
module firsthand from the company's CEO at the 52nd General Conference
September 29-October 3. John R. Grizz Deal, CEO and James Jones,
director of business development, will personally staff an exhibit at
the IAEA's annual conference in Vienna, Austria.

The HPG exhibit is part of a Civil Nuclear Industry promotion
sponsored by the U.S. Departments of Commerce, State and Energy to
provide information about new nuclear technology and solutions for
both developing and established nuclear powered countries.

"We are enthusiastic about this opportunity at IAEA," said Deal.
"The Hyperion Power Module was originally conceived to provide clean,
affordable power for remote industrial applications such as oil sands
operations. Yet, there has been an outstanding amount of interest from
those needing reliable electricity for remote or 'power-challenged'
communities. In fact, our first sales commitments have come from
companies building mixed-use developments in Europe. This has been
good because the HPM (Hyperion Power Module), meeting all the
non-proliferation criteria of GNEP (the Global Nuclear Energy
Partnership), is an excellent solution for any location. Encompassing
the simple concepts of the world's training reactors that have been
operating for decades, the HPM makes it possible to deliver safe,
continuous, clean, emission-free energy with only a fraction of the
human oversight and financial investment required by conventional
nuclear power stations."

Conceived at Los Alamos National Laboratory, the HPM intellectual
property portfolio has been licensed to Hyperion Power Generation for
commercialization under the laboratory's technology transfer program.
Inherently safe and proliferation-resistant, the HPM utilizes the
energy of low-enriched uranium fuel. Each unit produces 70 MWt, or 27
MWe when connected to a steam turbine - enough to provide electricity
for 20,000 average American-size homes or the industrial equivalent.
Three factories, spread across the globe are planned to produce 4,000
units of the first design.

For Hyperion Power Generation
Media:
Deborah Blackwell, (U.S.) 703-722-2821
Press@HyperionPowerGeneration.com
or
IAEA
Sales:
James Jones, (U.S.) 505-216-9130

Copyright Business Wire 2008