TORONTO, June 11, 2007 (PRIME NEWSWIRE) -- Clean Hydrogen Producers Ltd. (Pink Sheets:CHPO) formerly American Associates Group, Inc. announces the completion of its merger process and its ticker and name change. The new company name will be "Clean Hydrogen Producers, Ltd." and its new ticker will be "CHPO".
Clean Hydrogen Producers is a development phase company in the alternative energy field of solar energy. Its research is leading to a full-scale solar energy production, in the form of hydrogen or electricity. The particularity of CHP is to be able to crack the water molecule via solar energy into hydrogen and oxygen. The system's main advantages are that it is efficient, cheap in production, modular and allows storage of energy for later release. The company is based near Geneva, Switzerland. The company Website is www.clean-hydrogen-producers.com.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.