SOURCE: Hybrid Technologies, Inc.

November 28, 2006 12:02 ET

Hybrid Technologies, Inc. (OTCBB: HYBT) Pays 10% Stock Dividend on November 30th and Proposes Additional 20% Stock Dividend for Early 2007

LAS VEGAS, NV -- (MARKET WIRE) -- November 28, 2006 -- 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 a 10% stock dividend payment to all shareholders of record as at November 30th 2006.

Hybrid Technologies is also pleased to announce that it has proposed the following stock dividends for 2007:

--  5% stock dividend to shareholders of record as at January 31st, 2007
--  5% stock dividend to shareholders of record as at March 30th 2007
--  10% stock dividend to shareholders of record as at April 30th, 2007
    

To date Hybrid will have paid a total of 45% stock dividend since 2005.

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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