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Hybrid Technologies, Inc. (HYBT.OB) Lithium Powered ATV Placed into Federal Service

Hybrid Technologies announced that its ATV-LX, utilized by NASA, was placed into Federal Service during a training mission by the agency. The high-speed, zero emission unit is now entering the consumer market as well. Hybrid Technologies is actively choosing suitable retail partners to launch the ATV-LX into the U.S. by 2008.

The ATV-LX’s design was based on previous military units developed for tactical applications with a long range, high torque system to outperform similar units. The Space Agency and the U.S. Navy applications of the vehicle are used in highly visible situations.

Holly Roseberry, President of Hybrid Technologies, Inc., stated, “As we expand our product line to include specific applications developed for the Federal Government we also gain a tremendous market opportunity as our technology has surpassed normal BAA or RFP requirements. We are also pleased to announce that a consumer model will be available throughout the US by the end of this quarter.”

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