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HYBT / BLDP - Hybrid Technologies, Inc. 'OTCBB:HYBT' Selects Ballard Power Systems for NASA 'NASA.GOV' and New York City Taxi 'NYC.TLC.GOV' Lithium PT Cruisers
Wednesday September 6, 1:55 am ET


Hybrid introducing Ballard produced advanced AC induction motor for groundbreaking lithium vehicle project


MOORESVILLE, NORTH CAROLINA and VANCOUVER, CANADA--(MARKET WIRE)--Sep 6, 2006 -- Hybrid Technologies, Inc. (OTC BB:HYBT.OB - News)(www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium powered products worldwide is announce that it has selected Ballard Power Systems'(TSX:BLD.TO - News)(NASDAQ:BLDP - News) 312V 67 MS electric drive system for projects relating to the manufacturing of lithium powered PT Cruisers for US Government use (NASA and United States Navy).


Pursuant to a NASA Space Act agreement as well as projects with the United States Navy and an upcoming Taxi project for the city of New York, Hybrid engineers have selected Ballard Power Systems' 312V 67 MS electric drive system due to its design, durability and power thresholds.

The motor has a 32Kw continuous rating and delivers a peak power of 67Kw. Hybrid engineers selected this motor based on its proven track record along with an excellent power to weight ratio. The drive system also has a very advanced single ratio gearbox with a differential for front transaxles.

"As Hybrid Technologies begins stratifying recent orders with the US Government, a key power system partner was mandated to complete orders scheduled though the 2007 fiscal year. Ballard Power Systems, known throughout the world as a leader in fuel cell technology was a natural partner for this project," stated Martin Koebler, Hybrid's Head of Engineering.

At the time of release, the 312V 67 MS system will be used in all Hybrid PT Cruiser models as part of the 2006 delivery schedule.

Development of the PT Cruisers will take place in Hybrid's Mooresville plant, while motor applications will remain under the guidance of Ballard Power Systems.

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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Hybrid Technologies, Inc.
Investor Relations
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http://www.hybridtechnologies.com



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Source: Hybrid Technologies, Inc.