SOURCE: Hybrid Technologies, Inc.

August 28, 2006 07:00 ET

Hybrid Technologies, Inc. (OTCBB: HYBT): 10% Stock Dividend to Be Paid on October 31, 2006

WASHINGTON, DC and LAS VEGAS, NV -- (MARKET WIRE) -- August 28, 2006 -- Hybrid Technologies, Inc. (OTCBB: HYBT) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to confirm that the first and second installments of the 2006 Stock Dividend Plan has been paid to shareholders of record as of February 28, 2006 and May 31, 2006 respectively.

A 10% stock Dividend payment will be paid to Shareholders of Record as of October 31, 2006 on November 2, 2006, as previously announced on June 9, 2006.

The company has decided to combine the August 31, 2006 5% and the November 30, 2006 5% installments into this one 10% installment.

About Hybrid Technologies: www.hybridtechnologies.com

For additional information, please contact:
Investor Relations
Telephone (888) 669-1808
Fax: (702) 926-9508
Email: info@hybridtechnologies.com

Forward-Looking Statement

This press release may include 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. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

Contact Information

  • For additional information, please contact:
    Investor Relations
    Telephone (888) 669-1808
    Fax: (702) 926-9508
    Email: info@hybridtechnologies.com