nDatalyze Corp. announced that it has executed a non-binding Letter of Intent ("LOI") with Empire Hydrogen Energy Systems ("Empire"). Empire is a recipient of the Vancouver Island, Business Excellence "Green Business of the Year".

This award recognizes Empire Hydrogen's contribution to reducing greenhouse gasses, smog causing diesel particulates and NOx. Empire Hydrogen's Fuel Enhancement System can be installed on any large diesel truck, bus or generator. Advanced electronics produce hydrogen and oxygen gasses from distilled water through electrolysis.

When introduced to the intake manifold in a proprietary ratio the mixture results in less fuel consumption, less greenhouse gas, dramatically less smog producing diesel particulates and NOx, more power, cleaner pistons and cleaner exhaust. Empire holds a number of patents and patents-pending on key technologies. Empire has more than 200 units installed over a variety of applications, including long haul trucks, marine vessels and diesel-powered generators.

Terms and conditions of such financing are to be determined during the Period; c) NDAT will spinout its YMI mental health operations to a private company owned by those NDAT shareholders who are NDAT shareholders immediately prior to closing. This would include those shareholders who participate in the financing referred to in clause b) above. Post-spinout, NDAT shareholders will hold the same percentage ownership as they held in NDAT immediately before the spinout.

The YMI Clinical Study would proceed as previously announced; d) NDAT's CO2-related operations will stay with the combined entity due to certain patent and trade secrets believed applicable to pressurized hydrogen-related developments; d) pre-combination NDAT shareholders are expected to hold approximately 30% of the combined entity, and 100% of NDAT's YMI mental health operations; e) current NDAT Directors will control the Board of Directors of the combined entity; f) certain low-cost-base shares may be subject to voluntary pooling and voting requirements; g) both Empire and NDAT shareholder approvals are expected to be required. All of the above is subject to change during the Period and there is no guarantee that a definitive combination agreement will be reached. While NDAT management believes that there is no change of control and no change of business, any combination would be subject to Regulatory approval.