HLT Energies Inc.
TSX VENTURE : HES

HLT Energies Inc.

November 19, 2007 07:30 ET

HLT Energies Inc. Announces the Acquisition of a Belgian Technology Related to Non-Conventional Multi Energy Towers

MONTREAL, QUEBEC--(Marketwire - Nov. 19, 2007) - HLT Energies Inc ("HLT") (TSX VENTURE:HES) announces the acquisition of a Belgian technology related to non-conventional multi energy (wind turbine, hydraulic, thermal solar and photovoltaic) towers known as F.I.M.E.S. (Fully Integrated Multi Energy Systems) November 16, 2007 (the "Closing Date").

These towers, unlike conventional wind turbines, do not possess a large mast nor have large propellers and are noiseless. In fact, the F.I.M.E.S. is composed of stackable modules each of which possesses two turbines with small diameter rotors. The turbines orient themselves in the wind direction and the tower design amplifies the wind speed.

The esthetic of the F.I.M.E.S. blends in naturally into the environment and furthermore, because of its technology, it operates at a very low noise level (18 dba /1 meter). Contrary to a conventional wind turbine, a F.I.M.E.S. does not require energy for its operations. Therefore, all the energy generated is directed to the customer.

HLT acquisition price consist of:

(i) 250,000 common shares of HLT issued on the Closing Date at the closing price of the common shares of HLT on the day preceding the date of their issue.;

ii) 250,000 warrants of HLT issued on the Closing Date, each warrant having a two year term and entitling the warrantholder to acquire one common share of HLT, after the regulatory hold period and subject to the achievement of a milestone in relation to the development of the above-described technology (the "Milestone"), with the exercise price being that of the market price of the common shares of HLT on the date of the issuance of the warrants;

(iii) 500,000 stock options of HLT to be granted May 31, 2008, subject to the achievement of the Milestone, each stock option having a five year term from the date of issuance and 1/12 of the total stock options granted vesting on a quarterly basis from the date of their grant. The exercise price of the stock options will be that of the market price of the common shares of HLT on the day prior to the grant of the stock options;

(iv) 750,000 stock options to be granted twelve months from the Closing Date, with an additional grant of 750,000 stock options twenty-four months from the Closing Date, both such grants subject to the achievement of the Milestone, each stock option having a term, vesting schedule and exercise price as described above.

This transaction is subject to regulatory approvals, as well as regulatory and disinterested shareholder approvals in relation to the amendment of the stock option plan of HLT.

According to Gerald Desourdy, President and Chief Executive Officer: "following this acquisition, HLT enlarges its portfolio of products and strategically positions itself on the international market".

In addition, HLT announces the acquisition of ITER s.p.r.l. ("ITER"). HLT signed an agreement on October 1, 2007 for the acquisition of 100% of the shares of ITER at a price of 120 000 euros. The non-audited financial information of this private Belgian company shows a net book value of 100 000 euros composed mostly of short term investments. All future European operations of sale of energy from the multi energy towers will be carried out through this subsidiary.

Finally, HLT would like to rectify certain facts announced in its press release dated September 19, 2007 issued in connection with its participation in the creation of a Belgian company, Ekowatt s.a. HLT, Ecotech Finance and Watt Engineering entered into a verbal agreement to form Ekowatt s.a. which agreement will be formalized on or around December 4, 2007. Each of HLT, Ecotech Finance and Watt Engineering will hold a 1/3 interest in the share capital of Ekowatt s.a. The creation of Ekowatt s.a. is scheduled for December 4, 2007.

About HLT

HLT is an important provider of renewable energies as well as renewable energy systems harnessing sustainable energy sources (wind, solar thermal and solar photovoltaic). HLT installs, operates, maintains and sells renewable energy systems to its clients.

HLT is a leader in the production and sale of sustainable energies at lower cost than conventional sources to residential, commercial, industrial and institutional customers. By adding the residential product, the multi energy towers F.I.M.E.S and and the cumulating experience in solar photovoltaic, solar thermal and combination solutions of Ekowatt to its current products, HLT enlarges its portfolio of products and is now able to completely cover the renewable energies market, from institutional and commercial clients to residential clients.

FORWARD LOOKING STATEMENTS

This press release contains certain forward looking statements with respect to HLT. Such forward looking statements are dependent upon certain factors and are subject to risks and uncertainties. Actual results may differ from those expected. The information contained in this press release is dated November 16, 2007, the date of its approval by Management. Management does not assume any obligation to update or revise any forward looking statements, whether as a result of new information or future events, except when required by the regulatory authorities.

The exchange does not accept responsibility for the adequacy or accuracy of this release.

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