Hydra Fuel Cell Corp. Foe Seeks to Withdraw Patent Infringement Lawsuit

Beaverton, Oregon, 13 May 2008 (BusinessWire) – Hydra Fuel Cell Corporation (www.hydrafuelcell.com ), a wholly owned subsidiary of American Security Resources Corporation (OTCBB: ARSC), announced today that Relion, the company that sued it for patent infringement in 2006, has filed a petition to withdraw the infringement suit with the Federal Court in Portland, Oregon that is hearing the case.

Jim Twedt, President and CEO of Hydra, said, “This is a major development for us as we know that we never infringed on their patent, but the time and expense of defending ourselves has cost us valuable time in bringing our HydraStax® fuel cells to market.” Twedt added, “We expect the Court to rule on the dismissal in the next 30 days.” 

American Security Resources Corporation
ARSC is a holding company developing clean energy technologies. Its Hydra Fuel Cell Corp. subsidiary is developing high volume, mass producible hydrogen fuel cells. Its American Hydrogen Corp. subsidiary is developing a method to inexpensively formulate hydrogen from ammonia. For more information, please see: www.americansecurityresources.com

Safe Harbor Statement
This news release contains certain “forward looking statements” within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934.Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.

For more information, please contact:

Jim Twedt
Hydra Fuel Cell Corporation
503-645-2523
info@hydrafuelcell.com

Frank Neukomm or Bob Farr
American Security Resources Corporation
713-465-1001
info@amsrcorp.com