Hydrogen Hybrid Technologies announces Portugese initiative
June 06 2008 - 12:01PM
PR Newswire (US)
Help on way for Portuguese Fishing Fleets with hydrogen-based
product BOWMANVILLE, ON, June 6 /PRNewswire-FirstCall/ -- Hydrogen
Hybrid Technologies Inc. (OTCBB: HYHY) President Ira Lyons
announced that preparations are now underway for installations of
the patented Hydrogen Fuel Injection (HFI) system on the one of
Testa & Cunhas, SA fishing vessels in Portugal. Innovative
fishing executive A. Miguel Cunha of Testa & Cunhas, SA had
exhaustively researched technologies that can help save fuel costs
and began discussing the adaptability of the HFI system to his
fishing fleet a number of months ago. The fishing industry,
particularly in Portugal and Spain has been under great pressure
with the rising fuel costs and have recently been forced to
'strike' for lower fuel costs or higher prices for their fish
harvest. "After meeting with Mr. Cunha both in Portugal and at
facilities in Canada, we are pleased to work with such an
established organization in assisting them in re-establishing their
profit margins that continue to be eroded by increasing fuel
costs.", said Mr. Lyons. Based on the anticipated success of the
first installations, the parties have already begun preliminary
discussions regarding the potential of Mr. Cunha acquiring the
distribution rights for various markets and regions in Portugal and
Spain. 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, CO(2) and NOx) while simultaneously reducing
fuel consumption. 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 vehicle, 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, Mexico, Korea and the United Kingdom. Geographical
distribution has been expanded during 2008 and units are installed
in Europe and South America. 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. Company President, Ira Lyons, said "The formal launch of the
HFI technology in the fishing fleet sector opens another chapter in
the expansion of the most cost-effective emissions control
technology in the world. This market posseses a massive potential
market for our products and we are pleased to be working with such
a progressive organization," Lyons added. 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 for many years. The system offers
unparalleled benefits for virtually any internal combustion engine,
with increased horsepower, decreased emissions and a minimum 10%
improvement in fuel economy guaranteed. The company's products are
marketed through a network of certified installation centres in
Canada, the U.S. and around the world. DATASOURCE: Hydrogen Hybrid
Technologies Inc. CONTACT: on HHT, contact Ira Lyons at (905)
697-7011 x236 or consult our website at http://www.hydrogenht.com/
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