With over 50,000 people coming to Denver, the Sunday event is a unique and affordable way for Colorado to showcase its culture and diversity during the DNC. John R. "Grizz" Deal, CEO of Hyperion, agrees and believes it is an excellent opportunity to interact directly with the public concerning key public policy issues, and the global energy crisis in particular.

"Our view is certainly that nuclear energy must become a bigger part of the power mix in the United States, along with other renewable energy such as wind and solar" said Deal.

"The Hyperion Power Module (HPM) can make clean, affordable power a reality where it was never before thought possible."

We see the DNC's civic event in the park as an ideal venue for reaching savvy citizens concerned about energy and the future of the planet in general. We want to reach out to the public and have an open dialogue about nuclear power and its benefits."

Conceived at Los Alamos National Laboratory, the Hyperion Power Module intellectual property portfolio has been licensed to Hyperion Power Generation for commercialization under the laboratory's technology transfer program. Inherently safe and proliferation-resistant, the HPM utilizes the energy of low-enriched uranium fuel in a technology unlike any other currently in development or use that builds on the decades of safe and secure use of academic and training reactors at universities and laboratories. Approximately 4,000 units of the same design will be produced, sealed and shipped from company manufacturing sites around the globe.

More information on Hyperion can be found at: http://www.HyperionPowerGeneration.com. Press contact: Deborah Blackwell, APR: Press@HyperionPowerGeneration.com.

DENVER LOCAL MEDIA CONTACT Cody Pearson: Cody@HyperionPowerGeneration.com. Mobile: +1 505-216-9130.

The Hyperion Power Module (HPM) was conceived at Los Alamos National Laboratory and licensed to New Mexico-based Hyperion for commercialization under the laboratory’s technology transfer program. Inherently safe and proliferation-resistant, the HPM utilizes the energy of low-enriched uranium fuel in a technology unlike any other currently in use or in development. Approximately 4,000 units of the same design, each offering 70 megawatts of thermal (heat) energy, or 27 megawatts of electricity via steam turbine, will be produced and sealed at manufacturing sites. That amount of electricity can power 20,000 average American-style homes or the industrial equivalent for $20 to $30 million each.

"Throw out what you know about nuclear energy generation -- Hyperion is unlike any other power reactor," said Deal. "We are employing proven science and engineering, but in a whole new way to achieve a power source that’s safe, secure, and transportable. For communities and industrial operations in remote locations independent of a local grid, Hyperion will change their entire energy paradigm."

Denver, CO., April 16, 2008 – Altira Group LLC – the pioneer and leader in venture capital and private equity funding for energy technology companies –  announced today an investment in Hyperion Power Generation, Inc. (HPG), of Santa Fe, New Mexico. HPG is developing a new type of small, self-contained, transportable nuclear power reactor to produce heat, steam and electricity for a variety of commercial applications that require reliable power independent of the common grid.

Altira’s investment in HPG was made out of the recently closed Altira Technology Fund V -- a $176 Million fund focused on venture capital for energy technologies.

Hyperion Power Generation (www.hyperionpowergeneration.com) has licensed technology from the Los Alamos National Laboratory (LANL). Under the Technology Transfer Program, HPG has the commercialization rights to introduce, license, manufacture, market and distribute the reactor invented at LANL.

About 4,000 units of the initial design will be manufactured at a new U.S. site yet to be determined. The initial rector will be a compact, self-regulating, self-contained design with no moving parts and about the size of a hot tub. Sealed at the factory, the module is not opened until it is time for the unit to be refueled — at the factory — approximately every five years or so. This helps guard against tampering.

Since it is portable, the reactor can be deployed virtually anywhere power is needed -- remote industrial operations such as the Alberta oil sands, military installations or communities looking to supplement grid-supplied power. Once deployed, the Hyperion module delivers approximately 70 megawatts (MW) of heat (thermal energy) and 25 megawatts (MW) of electrical power via steam turbine. This is enough power to provide electricity for a community of 20,000 average-sized, American-style homes. Hyperion modules can also be "ganged" to provide even more power.

"For over a decade Altira has been committed to providing equity capital for the energy world of the future," said Peter Edwards, partner at Altira and a board member of Hyperion Power Generation. "We look to partner with companies who are developing transformative technology to meet increasing global demand. HPG’s technology will have a prominent role in the energy world of the future, providing a safe, compact, near-zero-emission, waste-efficient source for thermal and electrical energy."

"We are excited to have Altira as a partner,” said John R. (Grizz) Deal, President and CEO of Hyperion Power Generation. "They are a seasoned investment firm with a good track record of partnering with companies and achieving success. This investment will help us reach our vision of bringing the benefits of nuclear power to locations where the option was never available before. It’s also a big opportunity to create new jobs and assist the U.S. in securing its position as a leader in the quest for clean energy."

Altira is currently investing out of its fifth fund. The typical initial investment is in the $5-$10 million range, with follow-on investments as warranted. Altira seeks investment opportunities led by experienced and dedicated management teams who are commercializing new energy technologies with high growth potential.

All inquiries: Please contact Lori Herr at lherr@altiragroup.com or at (303) 592-5505.