Hybrid Technologies and New York City TLC under Mayor Bloomberg begin ambitious program to introduce lithium powered taxis to the streets of New York, the worlds first all lithium taxi to hit the streets of New York after unanimous City Council approval.
NEW YORK CITY, NEW YORK -- (MARKET WIRE) -- September 18, 2006 -- Hybrid Technologies, Inc. (OTCBB: HYBT) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium powered products worldwide proudly announces that after a unanimous City Council vote, Hybrid will now supply a lithium powered L-PT Cruiser for use as a NYC Yellow Cab.
The vote at a scheduled TLC (Taxi and Limousine Commission hearing) was the result of a long process by both Hybrid and the New York City Government. The program utilizes article 14 of the TLC charter which allows the introduction of advanced or experimental innovations. Taxi Commissioner Mathew Daus, under Mayor Bloomberg's administration as well as other City Council members, were given a strong presentation by both the Taxi Commission as well as a top Hybrid Technology Executive.
The public hearing commenced at 10:00 a.m. and concluded shortly after 11 a.m. with several other major issues addressed and voted on included a proposed fare increase for metered taxi's in New York City.
To view detail Press Release click: http://www.hybridtechnologies.com/media.php?mediaID=060918
The all lithium taxi will be hitting the streets of New York City within the next two months. It is anticipated that the L version taxi will also be used to highlight the Yellow Cabs 100th Anniversary in NYC which commences in 2007.
Ballard Power Systems 312V 67 MS electric drive system has been selected for the NYC lithium taxi due to its design and durability.
About Hybrid Technologies: www.hybridtechnologies.com.
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.
Contacts: Hybrid Technologies, Inc. Investor Relations (888) 669-1808 (702) 926-9508 (FAX) firstname.lastname@example.org www.hybridtechnologies.com
SOURCE: Hybrid Technologies, Inc.
Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
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