HLT Energies Inc.
TSX VENTURE : HES

HLT Energies Inc.

March 03, 2008 17:42 ET

HLT Energies Inc. Announces Private Placement

MONTREAL, QUEBEC--(Marketwire - March 3, 2008) - HLT Energies Inc. ("HLT Energies") (TSX VENTURE:HES) would like to provide an update with respect to the proposed financings announced in its press release dated December 10, 2007. The two proposed private placements announced therein have not yet taken place.

The parties involved in the first private placement of 1,000,000 units have re-negotiated the terms of that private placement. The subscriber has been replaced and the private placement will be made with a private investor. Consequently, it will not be a "related party" transaction within the meaning of Regulation 61-101 respecting protection of minority security holders in special transactions. The anticipated closing date is on or around March 7, 2008. Closing is subject to the approval of the TSX Venture Exchange.

Regarding the second private placement announced December 10, 2007, the terms of the second private placement are still being negotiated by the parties involved.

About HLT Energies

HLT is an important provider of renewable energy and renewable energy production equipment harnessing sustainable energy sources. With its equipment; HLT harnesses the full potential of these energy sources hence creating stable energy as well as important and stable revenues.

HLT generates clean and renewable energies from the sun and the wind. HLT has acquired a solar photovoltaic know how, as well as the know how to manage various sources of renewable energies, through its investment in Ekowatt s.a. and its acquisition of the F.I.M.E.S. intellectual property, respectively. The generation of solar thermal energy was until very recently HLT's flagship, but HLT has broadened its activities through its recent investments.

HLT is a leader in the production and sale of sustainable solar thermal energy at lower cost than conventional sources such as electricity and natural gas to residential, commercial, industrial and institutional customers. HLT is now able to completely cover the solar thermal and photovoltaic market, and electronically manage these sources of clean energy plus energy generated by wind mills or hydraulic power plants, for institutional, commercial and residential clients.

Forward Looking Statements

This press release contains certain forward looking statements with respect to HLT Energies. 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 March 3, 2008, the date of its approval by HLT Energies management. HLT Energies 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 TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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