Hybrid Technologies, Inc.
OTC Bulletin Board : HYBT

Hybrid Technologies, Inc.

October 31, 2007 07:30 ET

Hybrid Technologies Inc. (OTCBB:HYBT) Enters Into a Loan Agreement to Provide Loans to the Company of Up to $4,000,000

LAS VEGAS, NEVADA--(Marketwire - Oct. 31, 2007) - Hybrid Technologies, Inc. (OTCBB:HYBT) (www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to announce that they have entered into a Loan Agreement with Wyndom Capital Investments, Inc. (the "Lender"). The Loan Agreement provides for loans to the Company of up to $4,000,000. The notes evidencing the installments of the loans bear interest payable monthly in arrears at the rate of 10% per annum and mature and are due and payable three years from the date of issuance. A detailed description of the loan documents will be filed shortly in our SEC reports.

About Hybrid Technologies: www.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.

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