SOURCE: Hybrid Technologies, Inc.

February 18, 2009 15:10 ET

Hybrid Technologies, Inc. (OTCBB: HYBR) Announces Change of Name and Trading Symbol to EV Innovations Inc. (OTCBB: EVII)

LAS VEGAS, NV--(Marketwire - February 18, 2009) - Hybrid Technologies, Inc. (OTCBB: HYBR) formally announces that it has changed its name to EV Innovations Inc. and will begin immediate trading under the ticker symbol EVII (EE VEE EYE EYE). This move comes as EV Innovations ends the transition from a development stage technology company, to a world class manufacturer of Plug In, Battery powered vehicles. According to Company President, Holly Roseberry: "As we go forward under our new identity and new ticker symbol, EVII, we fulfill our commitment to be the leader in American made Plug In Electric Vehicles."

EV Innovations Inc. (OTCBB: EVII) is the leader in manufacturing Plug In Battery powered vehicles, in the United States. Current production includes the world famous Inizio™ EVS-7 Super Car.

About EV Innovations: www.evinnovations.com

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.

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