IRVINE, Calif., Nov. 7, 2007 (PRIME NEWSWIRE) -- "As oil looks determined to reach $100 a barrel in the days to come, it seems odd that a solution to replace fossil fuels is coming from a space based technology," stated SmallCap Sentinel analyst D.R. Clark. "But this indeed appears to be the case with the advent of NASA technology now commercialized for an innovative lithium-powered car created by Hybrid Technologies Inc. (OTCBB:HYBT)."
A comprehensive report focusing on Hybrid Technologies, Inc. and developments in alternative fuels has been published by financial courier StockUpTicks.com. The report will feature detailed information regarding HYBT and address related information and alternative fuel and automotive companies including Altair Nanotechnologies (Nasdaq:ALTI), General Motors (NYSE:GM), and Ford Motors (NYSE:F). It is available at http://stockupticks.com/profiles/10-15-07.html
"The 2007 Hybrid Technologies lithium-powered Smart Car, a zero-emission vehicle that features cutting-edge technology from NASA, recently was the subject of a media launch by Hybrid Technologies and retail partner Sam's Club," Clark added. "This vehicle was originally developed under a Space Act Agreement with NASA and has created a strong following throughout environmental, celebrity, and automotive circles. Assuredly, the recent media launch will begin to foster awareness among the general public. With oil prices at such punishing levels, the timing could not be better."
Hybrid Technologies, Inc. is an emerging leader in the development and marketing of lithium-powered vehicles and products worldwide. Hybrid Tech holds licensing agreements for development of four-wheeled, three wheeled and two wheeled vehicles and lithium/solar power system technology for residential and commercial properties.
Hybrid is at the leading edge of alternative-fuel products designing and manufacturing everything from scooters, bicycles, mopeds, motorcycles, to cars and even a smart-home is being built as a potential revenue source.
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