HydroPhi Technologies commits to investment in Poland

The Polish branch of US firm HydroPhi Technologies is entering the NewConnect on the WSE. The firm is a leading developer of water-based hydrogen fuel production systems for improving fuel efficiency in traditional carbon-based fuel systems. Dom Maklerski WDM is supporting HydroPhi's entry onto the Warsaw bourse. "The capital we have raised in Poland, including European Union funds, is going to help us speed up the commercialization of our technology in Europe," said Roger M. Slotkin, CEO of HydroPhi Technologies. The entry onto the NewConnect is actually a reverse acquisition of Terra, whose management board will change the company name to HydroPhi Technologies Europe. HydroPlant technology should improve the efficiency of existing transport fleets in Poland and other European countries. Other industries benefiting from this technology include: mining, farming, maritime and heavy machinery. HydroPhi Technologies Group is noted on the OTC Markets bourse in the USA.