Wednesday, September 01, 2010 2:45:24 PM
Highline Technical Innovations, Inc. Announces Updates on Company Activities
http://ih.advfn.com/p.php?pid=nmona&article=44211929&symbol=NO^HLNT
Highline Technical Innovations, Inc. (PINKSHEETS: HLNT), majority shareholder of Highline Hydrogen Hybrids, announced today a company update on its recent activities. Dong Feng Motors, China's second largest domestic auto maker and HTI have signed a Letter of Intent as mentioned in a press release dated August 25, 2010. At Dong Feng Motors' request, HTI will be sending two representatives to China this month to continue working on the three joint ventures outlined in the letter of intent as well as showcasing HTI's latest designs for OTR and agricultural applications and providing current emissions data that the company has compiled.
The company recently added Colorado, Oklahoma, South Carolina and Montana to its growing list of dealers and distributors. HTI continues to accept applications for dealers in an effort to broaden the company's exposure to the agricultural and transportation industries which are two of the world's largest markets. The dealer application can be found on the company's website under the "contact us" tab. http://www.highlinehybrids.com/contact_us.html
HTI continues to seek approval from the United States Department of Agriculture to be a qualified technology that would allow farmers to apply for a REAP (Rural Energy for America Program) grant. It is corresponding with Senator Blanch Lincoln's office to expedite the process. Members of her staff visited our facility and were given a presentation on our technology in August. Senator Lincoln chairs the United States Senate Agriculture Committee. More information on the REAP program can be found on the USDA website. http://www.rurdev.usda.gov/rbs/busp/9006grant.htm
HTI is applying for a grant from the Green Technology Grant Program through the Arkansas Economic Development Office that is due September 10, 2010. The Arkansas State Police is the focused recipient of the technology if HTI is awarded the grant. The Arkansas State Police currently has 937 patrol cars in operation throughout the state. More information on the Green Technology Grant Program can be found at
http://www.arkansasenergy.org/green-technology-grant-program.aspx.
HTI completed taping for its national awareness campaign with 21st Century Business Television Series. Mel Robinson, CFO, was featured in a Q&A session focusing on the company's hydrogen application in the OTR and agriculture industries. The company will release the air times as they become available. More information on 21st Century Business Television Series can be found at http://www.21chtv.com/.
Highline Technical Innovations, CEO Charlton Coats stated, "We continue to grow our business one day at a time. This week we received a purchase order from our first OTR fleet. Though the fleet is not large, we believe this is a critical step in landing the nationally known fleets out there. We also setup fourteen units on our first large farming operation. Truckers and farmers are very good with sharing information. The word is spreading that we are the real deal."
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