GENESYS, LLC ACQUIRES LICENSE FOR NEW BREAKTHROUGH TECHNOLOGY FOR THE CHEAP PRODUCTION OF HYDROGEN FROM WATER

Palo Alto, May 24, 2005: Genesys, LLC has acquired a license from Bar-Gadda, LLC for its breakthrough technology for producing hydrogen from water economically and efficiently. Genesys will be involved in the further development of the technology for commercial applications. The technology can use water vapor or geothermal steam as its source. This breakthrough technology needs only heat and water to produce hydrogen. Sources of heat include geothermal, solar or even heat from combustion in order to drive the reaction of cracking water to hydrogen. The technology (patent pending) uses a new technique called RET (radiant energy transfer) that uses the unique properties of water in order to efficiently split water to hydrogen and oxygen. Thermal efficiencies greater than 90% and hydrogen yields greater than 86% have been achieved. The cost of hydrogen using this technology varies from 35 cents to $1.25 per equivalent gallon of gasoline making it highly competitive to fossil fuel prices. Unlike electrolysis which needs an external form of electrical energy to propel the process, RET is self-contained and relies only on the energy in the steam to crack the water to hydrogen. For example, a typical geyser can produce hydrogen with the energy equivalent of 10,000 gallons of gasoline every hour using this technology. Mr. Bar-Gadda, the President and CEO of Genesys, LLC has stated that "the technology could be on the market in the near term since the infrastructure already exists for its application". A working prototype has been in successful operation for over 9 months. Different types of water have been used to produce hydrogen; from bottled water to carbonated water. Various geothermal waters have also been tested with success. For more information, please contact our web site at: www.genesys-energy.com.

Contact: Manager of Investor and Public Relations, Paul Rezucha
Genesys, LLC
P.O. Box 60844
Palo Alto, CA 94306
Toll Free: (866) 357-9051
Local: (510) 273-9101
Email: info@genesys-energy.com