Note on the Swedish Offer — Press Release Alteration

I think it’s important to point out something that has changed in the press release published by Hydro Fusion since yesterday. Here is the changed text:

Hydro Fusion is looking for a Pilot Customer for the first ECAT 1 MW Plant to operate in Sweden. The customer will only pay for the energy produced by the ECAT, i.e. Hydro Fusion and Leonardo Corporation will take responsibility for all associated costs including: the plant itself, installation and any transportation costs. In return the Pilot Customer agrees upon

  • Scheduled Installation time by late fall 2013.
  • Hydro Fusion and Leonardo Corporation to use the Pilot Plant as a Showcase where external customers can be introduced to an ECAT 1 MW in operation.

In the final event, I don’t know if it matters too much if an E-Cat plant is put into operation by a customer, but it appears from these changes that the project is being sponsored only by Hydro Fusion the E-Cat licensee, not directly by Rossi’s Leonardo Corp.