Business Services Industry
Hybrid Technologies Inc. Announces Major Lithium Fleet Acquisition By Frito Lay, A Pepsico Company. Joint Marketing And Public Relations Partnership Established
Business Wire, Dec 5, 2005
NEW YORK & SEOUL, South Korea -- Hybrid Technologies Produced Lithium Smart Cars, R-Bikes and Solar Racer Find A New Home At Frito Lay's World Headquarters, Plano, Texas
Hybrid Technologies, Inc. (OTCBB:HYBT) www.hybridtechnologies.com is pleased to announce that pursuant to executive meetings at Frito Lay's world headquarters a preliminary joint marketing venture and principle acquisition of Hybrid Technologies' lithium vehicles has been approved by Frito Lay. Furthering Hybrid's ongoing corporate fleet sales and marketing initiatives, Frito Lay has agreed to purchase and take delivery of the highly acclaimed lithium Mini Cooper model as well as the Daimler Chrysler Smart Car lithium version.
For detailed press release click: www.hybridtechnologies.com/media.php?mediaID=051205.
The vehicles will be part of Frito Lay's rapidly expanding Hybrid fleet and the multinational corporation's commitment to "green philosophy" as well as its well known philosophy of working with the latest in American technology.
Holly Roseberry, president of Hybrid Technologies stated "The combination of Frito Lay working with Hybrid with the acquisition of our vehicles and our new partnership with Kokam batteries insures that the latest and most advanced technology will be implemented into these vehicles. We are very proud to be working with Frito Lay, an American corporate giant, and feel that their advanced philosophy matches perfectly with Hybrid's governing principle, which is smarter use of technology today for a better tomorrow."
The first Frito Lay vehicles are scheduled for delivery by Q1 2006.
Click here to view live webcam of construction of the Hybrid Living Home, scheduled for completion, Spring, 2006: www.hybridliving.com/webcam.php.
> About Frito Lay www.fritolay.comFrito-Lay is the $10 billion convenient food division of PepsiCo, based in Purchase, NY.
About Kokam www.kokamamerica.com
About Hybrid Technologies www.hybridtechnologies.com
Forward-Looking Statement
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.
Hybrid Technologies, Inc. (OTC Bulletin Board:HYBT)
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