American Security Resources Added to the Ludlow Energy SmallCap Index

HOUSTON--(BUSINESS WIRE)—January 29, 2007. American Security Resources Corporation (OTCBB: ARSC - News),a holding company whose Hydra Fuel Cell subsidiary is a hydrogen fuel cell research and development firm, announced today that the company has been added as a component of the Ludlow Energy SmallCap Index.

Tom Bustamante, the Managing Partner of the Ludlow Energy Fund commented, "We are pleased to include American Security Resources Corporation as a new component to our alternative energy index, as we feel the ARSC Hydra Fuel Cell Corp. division will make a good gauge for tracking the hydrogen fuel cell market as it enters into the commercialization phase."

Bob Farr, President and COO of ARSC, stated, "We are pleased to be included in the Ludlow alternative energy index as this is an important first step to providing more exposure for our company with both the retail and institutional investment communities."

For more information on the Ludlow Energy SmallCap Index and components visit www.ludlowcapital.com/indices/energy/historic/smallcap.html

About Ludlow Energy SmallCap Index
The Ludlow Energy SmallCap Index is a basket of US traded small cap alternative energy stocks. The Index provides both institutional and individual investors a gauge for tracking the day-to-day performance of small cap alternative energy stocks. The index is designed for investors who have a long-term bullish outlook on the renewable and alternative energy market. The Ludlow Energy SmallCap Index is owned and operated by Ludlow Energy Fund, Inc., based in New York City. www.ludlowcapital.com/indices/

American Security Resources Corporation
ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of clean energy. ARSC, through its Hydra subsidiary, is developing high volume, mass producible hydrogen fuel cells. For more information, please see: www.americansecurityresources.com

Safe Harbor Statement
This news release contains certain "forward looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.

Contact:

American Security Resources Corporation
Frank Neukomm or Bob Farr, 713-465-1001
info@amsrcorp.com

Ludlow Energy
Tom Bustamante, 646-670-6494