Stock Symbol: NEWH

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NewHydrogen’s breakthrough single-atom catalyst shows better performance than platinum in lab studies

Company’s low-cost high-performance single-atom catalyst for alkaline hydrogen electrolyzers demonstrated higher catalytic ability and better stability compared to commercial platinum-based catalysts

SANTA CLARITA, Calif. (April 20, 2022) — NewHydrogen, Inc. (OTC:NEWH), the developer of a green hydrogen generator, today provided an update on the progress of its catalyst technology aimed to reduce the cost of producing green hydrogen.

The latest results from NewHydrogen’s sponsored research at UCLA show significant progress toward the goal of producing low-cost green hydrogen by replacing or drastically reducing the use of precious metals in electrolyzers. Electrolyzers, the heart of green hydrogen generators, currently rely on expensive rare materials such as iridium and platinum. The Company is focused on developing electrolyzer catalysts that are cheaper and better.

In the recent tests, single-atom catalysts for hydrogen evolution reactions (HER) that do not use platinum were directly compared to commercial platinum-based HER catalysts. Within the practical range of metal loading, the single-atom catalyst has consistently shown to have lower overpotential with higher mass activity. In the stability test, the catalyst was significantly more stable than a commercial platinum-based HER catalyst.

“The high durability over prolonged usage as well as its superior catalytic ability over the commercial platinum-based HER catalysts makes our catalyst an ideal drop-in replacement for platinum in alkaline hydrogen electrolyzers, and more importantly, in the anion exchange membrane (AEM) electrolyzers in the future. Not only is our HER catalyst raw material less expensive than platinum, our single-atom catalyst performs better than platinum,” said Dr. David Lee, CEO of NewHydrogen.

“Going forward, we plan to incorporate this breakthrough catalyst into a full prototype electrolyzer. We will continue to explore additional improvements to maximize the overall performance,” said Dr. Lee.

NewHydrogen recently announced that it will deploy its own green hydrogen generator which will allow it to demonstrate economic viability and new technology under development. Doing so will provide another test site for the Company’s HER catalysts for alkaline electrolyzers.

About Newhydrogen, Inc.

NewHydrogen is developing ThermoLoop™ – a breakthrough technology that uses water and heat rather than electricity to produce the world’s lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can’t live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource.

Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact:

NewHydrogen, Inc. ir@newhydrogen.com