SOURCE: Hybrid Technologies, Inc.

October 24, 2006 14:59 ET

Hybrid Technologies, Inc. (OTCBB: HYBT) Announces 10% Stock Dividend Now November 30 Record Date

LAS VEGAS, NV -- (MARKET WIRE) -- October 24, 2006 -- Hybrid Technologies, Inc. (OTCBB: HYBT) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium-powered products worldwide, is proud to announce that the 10% dividend that was previously scheduled to be paid on October 30, 2006 has been rescheduled. The 10% dividend will be for shareholders of record on November 30, 2006 to be paid on December 4, 2006.

About Hybrid Technologies: www.hybridtechnologies.com

Hybrid Technologies, Inc. (OTCBB: HYBT) is an emerging leader in the development and marketing of lithium-powered products worldwide. Superior technology, coupled with aggressive marketing, positions Hybrid Technologies to lead the world into pollution-free, zero emissions living without consumers having to give up the comforts and performance to which they are accustomed.

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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