Haber Reports on Commercialization Progress for Its HGP Gold Process

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Haber Reports on Commercialization Progress for Its HGP Gold Process

BAYONNE, NEW JERSEY, Apr. 5 -/E-Wire/-- Haber, Inc. (OTC: HABE) a New Jersey-based company with proprietary technology for the environmentally friendly processing of gold-bearing ores, today reported significant progress in commercializing its Haber Gold Process (HGP) gold extraction technology. The company's Minerals Division reports that its HGP gold extraction mobile unit was completed and has been recently modified with a transport assembly and field leveling system. A second updated mobile unit is under construction.

Haber also reported progress on the development of its proprietary, high-speed gold recovery system, which can be used in combination with its HGP gold extraction technology. While the HGP process can utilize conventional post-extraction recovery systems such as carbon towers to remove the gold from the solution, Haber's new combined process will allow for gold recovery at significantly faster rates than those achieved by cyanide extraction and conventional recovery methods. Gold City Inc., Haber's HGP licensee has decided that the expenses associated with utilizing a conventional system to do short-run bulk testing on a temporary basis are not cost effective and has decided to delay gold processing in bulk until the Haber high-speed recovery system is fully functional.

"We believe our opportunities are dramatic in the gold processing field and I will be traveling extensively to meet with the principals of organizations who have expressed a strong interest in working with us," said Albert Conti, president of Haber.

Gold City reported restarting its concentration operations in Nevada after the winter shutdown, and anticipates running at the rate of 20 tons per hour. This rate will generate more than 1 ton of concentrate per day. HGP processing will take place at Gold city's facility in Wyoming. Additionally, Gold City has purchased two drill rigs and is beginning a drill program guided by geologist recommendations and the results of a previously conducted geophysical survey.

"We are very pleased with the cooperation we have received and with the aggressive mining and exploration program initiated by our licensee, Gold City, since its funding nine months ago. Being able to produce concentrate so quickly is a noteworthy accomplishment," said Conti.

Gold City also reported acquiring control of a gold concession in Ghana that shows promising bulk-assay values. Gold City's president, Pat Anfinson, along with Haber's Ghanaian representative, has updated government officials on the status of Haber's small-scale artisanal mining efforts in that country. Anfinson is currently evaluating site locations for installation of the Haber HGP mobile unit, and Haber representatives are also preparing to meet with South African engineering concerns to evaluate their capabilities to assist in future work in Africa.

For more information, visit our website at www.habercorp.com

Haber, Inc. is a high technology process development company with proprietary technologies in extractive metallurgy and electrochemical separations. These technologies include the company's Haber Gold Process (HGP), a chemical system discovered by Norman Haber, the chairman of the company, for the hydrometallurgical extraction of gold from its ores. The Haber Gold Process is both non-toxic and more efficient than conventional solvents such as cyanide. This technology accelerates the gold extraction rate and may increase gold recovery from its ores by a substantial factor. The company's Electromolecular Propulsion (EMP) technology is an electrochemical process that enables the electrically controlled movement or positioning of a variety of different molecules. It is distinguished from the techniques of electrophoresis and chromatography by its wide variety of potential applications and the greater speed and control of the results. For more information, call Peter R. D'Angelo (781) 643-2727, or visit the company's new Web site, currently under construction, at http://www.habercorp.com.

Safe Harbor Statement

Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions. These statements are subject to uncertainties and risks including, but not limited to, economic conditions, the impact of competition and pricing, government regulation, and other risks. All forward-looking statements made by or on behalf of the Company are qualified. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

http://www.habercorp.com

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