Alchemy Enterprises, Ltd. Well Accepted at the 30th Annual Fuel Cell Seminar.

SCOTTSDALE, Ariz. -- Jonathan Read, CEO of Alchemy Enterprises, Ltd. (OTCBB: ACHM), the alternative energy company that is developing a new electric power cell technology that it believes will generate and manage electricity to power a broad range of applications, attended the 30th Annual Fuel Cell Seminar. The seminar, organized in conjunction with the U.S. Department of Energy, the U.S. Fuel Cell Council, the Environmental Protection Agency, the Federal Transit Administration and the NASA-Glenn Research Center was held November 13-17. The annual convention is the leading technology conference for the Hydrogen Fuel Cell industry, and is widely attended by the fuel cell industry participants and analysts covering the industry.

Alchemy's technology was positively received by the fuel cell community and ideas on interface technology between systems were exchanged. As a result of these exchanges, Alchemy will be moving toward a number of joint ventures. Read stated, "The advancements in the fuel cell technologies are extraordinary and will enhance in every way our Hydratus[c] system, and will result in potentially broad applications for our system." Mr. Read went on to say, "Fuel cell developers and manufacturers were excited to learn of our advancements and the alternative it presents to compressed hydrogen."

About Alchemy Enterprises, Ltd.

Alchemy Enterprises, Ltd. is a development stage company seeking to design and license a cost and energy-efficient electric power system technology called the Hydratus[c] for use in motorized vehicles and industrial equipment and the storage of energy generated from other sources such as wind and solar energy. The Hydratus[c] creates hydrogen on demand which, when used in conjunction with existing hydrogen fuel cell technology, creates an electric power system that operates without combustion and without the need for stored hydrogen (which is usually highly compressed, difficult to transport, store and transfer, expensive to produce and dangerous). Alchemy has entered into a partnership (known as a task plan) with Jet Propulsion Laboratory (JPL) to develop, build and patent our prototype 100 kilowatts Hydratus[c]. JPL is a federally funded research and development center sponsored by the National Aeronautics and Space Administration ("NASA") and is operated by California Institute of Technology (Caltech). For more information about Alchemy Enterprises, Ltd., please visit www.alchemy-energy.com.

Forward-Looking Statement

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.