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MEDIA RELEASE 31 October 2006

EESTech acquires a majority stake in new hybrid electrical power generating technology
EESTech Inc.(EESH.OB), which recently changed its name from AquaDyne Inc., has acquired a 58% shareholding in Liquatech Pty Ltd, an Australian company that holds a 50/50 partnership in the exclusive international marketing rights of the new Hybrid Coal and Gas Turbine (HCGT) an electrical power generation technology.

EESTech is the acronym of "Economically and Environmentally Sustainable Technology".

HCGT uses coal waste, ventilated air methane (VAM) or biomass to produce electricity. This can significantly reduce fugitive methane gas emissions from underground coal mines and potentially save the coal mining industry millions of dollars annually in reduced expenditure for managing waste coal.

A standard HCGT 10mw power plant could also earn significant greenhouse gas abatement credits per year.

The Hybrid Coal Gas Turbine Technology and JetWater System (JWS) are two very complementary technologies, with the extraction of steam from the HCGT assisting in the desalination of water using the JWS technology.

The environmental outcomes from such operations are expected to be highly beneficial for the general community and gain acceptance by government agencies.

For contact details and further information please visit the EESTech, Inc. website: www.eestechinc.com

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Released on behalf of EESTech Inc., by Dennis Rutzou Public Relations (www.drpr.com.au).
For further information please contact Dennis Rutzou on (+612) 9413 4244.



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