Hydra Gains First Patent; Updates Production Plans

Beaverton, Oregon, 1 October 2008 (BusinessWire) – Hydra Fuel Cell Corporation (www.hydrafuelcell.com), a wholly owned subsidiary of American Security Resources Corporation (OTCBB: ARSC), announced today that it has been notified by the U.S. Patent Office that the first of the seven patent applications it filed in summer of 2006 is ready to be issued.

Jim Twedt, President and CEO of Hydra, said, “This patent is for ‘The production of a single fuel cell’ and was central to the unique design we were developing. We have advanced our fuel cell technology significantly since then, overcoming some daunting scientific, technical and engineering challenges in the process of bringing the most advanced, affordable and economical fuel cells to market.”  Twedt continued, “We have begun the production process and expect to have commercial units to ship before yearend. We have a $21,000,000 purchase order backlog.”

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