Hybrid Technologies, Inc.
OTC Bulletin Board : HYBT

Hybrid Technologies, Inc.

March 26, 2007 07:30 ET

Hybrid Technologies, Inc. (OTCBB:HYBT) Gains Contract With Canadian Ministry of Transport Purchase Part of $36 Million Fund Approved by Conservative Government

WASHINGTON, DC and NEW YORK, NEW YORK--(CCNMatthews - March 26, 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 a vehicle contract that is part of the Canadian Federal Governments' ecoTransport strategy. Daimler Chrysler Lithium powered PT Cruiser and Mercedes Benz Lithium powered Smart Car to be evaluated.

The Vehicles purchased under contract by the Ministry of Transportation Advanced Technology Vehicles Program include evaluating fuel efficiency, emissions and safety performance of these vehicles, identifying the market potential of advanced technologies, identifying barriers to using advanced technologies and proposing solutions, and raising public awareness of the advanced technologies available on current vehicles and vehicles of the future.

About the Advanced Technology Vehicles Program: http://www.tc.gc.ca/programs/environment/ecotransport/ecotechnologyvehicles.htm

"Canada's New Government is taking action to deliver real reductions in air pollutants, greenhouse gas emissions and harmful substances in our communities," said the Honorable John Baird, Minister of the Environment. "We will continue to work with provincial, territorial, and municipal governments as well as with the broader transportation community to develop a practical, cost-effective approach to protecting the environment so that present and future generations of Canadians benefit from a country that is cleaner, greener, and healthier."

"The greatest source of untapped energy is the energy we waste, and when we cut waste, we cut emissions and we cut costs," said the Honorable Gary Lunn, Minister of Natural Resources.

President of Hybrid Technologies, Holly Roseberry, stated: "We are proud that our vehicles were selected by the Canadian Government for extensive evaluation. Ours will be the only lithium vehicles in their research fleet."

To view extended press release click here: http://www.hybridtechnologies.com/media.php?mediaID=070326

Forward-Looking Statements

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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