Fairchild International Negotiates to Acquire Advanced Hydrogen Technology

Fairchild International Corp. (OTCBB:FCHL), www.fairchildinternational.com announced negotiations to acquire a world-wide license to proprietary technology for the production of low-cost 99.9% pure Hydrogen. The technology will work in conjunction with the Company’s gasification technologies to create hydrogen energy from bio-waste, low grade coal, wood waste and municipal and industrial garbage/waste products.

As oil and natural gas deplete, Hydrogen is expected to become a leading source of power for cars, houses, fuel cells, and industrial plants in the future. President Bush and Governor Arnold Schwarzenegger of California have recently announced hydrogen initiatives.

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