HYHY (1.55) Hydrogen Hybrid Technologies Inc. receives order for B.C. school buses
Friday, June 06 2008 12:44 PM, EST
PR Newswire "US Press Releases "
PICKERING, ON, June 6 /PRNewswire-FirstCall/ - Hydrogen Hybrid Technologies Inc. (OTCBB: HYHY) President Ira Lyons is pleased to announce the sale of the first units of the newest line of emissions control and fuel saving devices in North America . The units will be installed on school buses operated by School District # 5 in the Province of British Columbia, Canada . The sale marks the first government sale in western Canada and the purchase of the units will be funded by the provincial government.
"The use of the new model of Hydrogen Fuel Injection (HFI) products on school busses marks a milestone and opens up a huge new market for HHT" said Mr. Lyons . "All across North America , governments have recognized the serious hazard posed by diesel fumes to school children riding buses for up to four hours each day. In the California , alone, the state is spending $25 Million U.S., annually, to install exhaust abatement technologies on school buses. The satisfactory results on the first two school buses in B.C. are expected to lead to the adoption of HFI on every school bus in B.C. and will, almost certainly, have equal success in other provinces and states", added Lyons , "in part because HFI is the only emissions control technology that also reduces fuel use, meaning it is the only product of its kind that pays for itself".
HFI technology is installed as an add-on to diesel and gasoline engines where it significantly reduces a wide variety of emissions (CO, PM, HC, CO2 and NOx) while simultaneously reducing fuel consumption by a guaranteed minimum of 10%. HFI units are being used by over 150 fleets of long-haul transport trucks, ambulances, municipal buses and other heavy equipment, earning HFI the dominant position as the world's most widely-used on-board electrolysers. The technology is based on electrolysis and the units split water, on-board the ambulance, then vent the hydrogen and oxygen directly into the air intake of the engine. Adding hydrogen significantly improves the efficiency of combustion, in the engine, with significant financial and environmental benefits.
HFI is distributed through the world's largest retail distribution network for any hydrogen product, with over 140 Certified Installation Centres all across Canada , the United States and Mexico . Recently, geographical distribution has been expanded and units are installed in Europe , South America and the UK. The product is the first emission control technology to receive "Environmental Technology Verification" (ETV) by the Canadian government and the first hydrogen technology to receive ETV recognition anywhere in the world.
About Hydrogen Hybrid Technologies Inc. : The OEM licensee of the world's most advanced on-board hydrogen generating system, the Hydrogen Fuel Injection system. This technology is patented, or patent-pending, worldwide and has been actively marketed worldwide. The system offers unparalleled benefits for virtually any internal combustion engine, with increased horsepower, decreased emissions and a minimum 10% improvement in fuel economy. The company's products are marketed through a network of certified installation centres in Canada , the U.S. and around the world.
SOURCE Hydrogen Hybrid Technologies Inc.
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