Hydrogen Utopia International PLC is delighted to announce that it has signed a letter of intent (“LOI”) with Mitsubishi Heavy Industries Ltd. (“Mitsubishi”) whereby Mitsubishi will review the technology and explore the commercial opportunities for developing waste plastic to hydrogen facilities, incorporating Powerhouse Energy's DMG® technology, in Japan. Mitsubishi will have a period of one year to review the technology under the LOI, unless extended by mutual consent. Any decision to deploy the technology would be subject to further detailed agreement(s) between the parties.