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AlumiFuel Power's PBIS-2000 Unit Shipped to Air Force Customer


April 10, 2012 - CENTENNIAL, CO

Early production stage hydrogen generation company AlumiFuel Power Corporation (OTCBB: AFPW) (the "Company") through its subsidiaries, announced today that the Portable Balloon Inflation System (PBIS)-2000, unit was shipped to the U.S. Air Force Special Operations Command on Monday, April 9. A team of the Company's engineers will conduct training at the customer's site later this week.

The Air Force customer has operational plans for this first PBIS-2000 unit following the on-site training session by Company engineers. The Company anticipates follow-on orders for the PBIS-2000 hydrogen generator and AlumiFuel cartridges from the Air Force and other potential customers.

A short video of the final pre-shipment outside testing of the unit and the balloon filling can be viewed at http://vimeo.com/39992326.

The President & CEO of AFPW's operating subsidiaries, Mr. David Cade, said, "Delivery of this first PBIS-2000 unit represents a major milestone for the Company, and we are excited about meeting the stringent mission requirements of Air Force Special Operations users."

About AlumiFuel Power Corporation
AlumiFuel Power Corporation, operating through its subsidiaries, is an early production stage alternative energy company that generates hydrogen gas and steam/heat through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. The Company's hydrogen feeds fuel cells for portable and back-up power; fills inflatable devices such as weather balloons; can replace costly, hard-to-handle and high pressure K-Cylinders; and provides fuel for flameless heater applications. Its hydrogen/heat output is also being designed and developed to drive fuel cell-based and turbine-based undersea propulsion systems and auxiliary power systems. The Company has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

CONTACTS:
Investor Relations:
AlumiFuel Power Corporation
Thomas B. Olson
Corporate Secretary
303-796-8940

Technical Information & Marketing:
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