BUDAPEST, HUNGARY 05/25/07 -- Power of the Dream Ventures, Inc. (PDV) is pleased to announce that that company’s wholly owned Hungarian subsidiary, Vidatech Llp, has filed two patent applications for the protection of RiverPower, a recently acquired environmentally friendly small-hydro power generation technology.

The patents were filed in Hungary, with PCT (Patent Cooperation Treaty) applications to be filed within the time allowed by patent law. One of the applications covers the vertical, interlinked wheel assembly making up the machine while the other application is aimed at protecting the slow turning generator design.

"I am delighted that after a year of groundwork we were able to close a reverse transaction to become a publicly reporting company. We have now filed our first patent application and our business model is well underway. Our team and investors are extremely excited that our first patent application is a revolutionary new, environmentally friendly small-hydro product that will rapidly gain wide acceptance. RiverPower can be installed without environmentally damaging dam construction and the technology produces energy twenty four hours a day seven days a week, three hundred sixty five days a year", commented Viktor Rozsnyay, President of the Company.

RiverPower, the revolutionary small-hydro power generator was recently purchased by the Company. Its inventor, Janos Salca, has worked on perfecting the product for over 15 years before he finally managed to find an appropriate partner for commercialization. "We are honored to have been entrusted with this great product. I believe that given our expertise and resources, Mr. Salca’s vision will finally be brought to reality. The patent applications just filed are the first step in the process." added Daniel Kun, Vice President of the Company.

With patents filed, engineering work will commence on a one forth scale prototype to be independently tested before a full size machine is built.

Forward-Looking Statements
This release may contain "forward-looking statements" for the purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings, and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Form 10-K and subsequent filings for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

About PDV.
Power of the Dream Ventures, Inc. is a premier holding company focused on technology acquisition and development enabling the delivery of revolutionary concepts and ready to market products to the international market place. We provide hands on support by developing-, acquiring-, licensing-, or co-developing technologies by offering a full range of services designed to encourage and nurture growth by virtue of access to the expertise of Power of the Dream Ventures' management team, and their substantial network of advisors and contacts. We develop-, acquire-, license-, or co-develop technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies and ideas from the very early stages on that represent "disruptive technologies."


Viktor Rozsnyay

Daniel Kun, Jr.
Vice President


Source: Power of the Dream Ventures, Inc.