GT5 GreenCell Technologies: Hy-Drive Technologies Ltd.
Seals Deal with GreenCell Tech
MISSISSAUGA, ON, Jan.
11 /PRNewswire/ - Hy-Drive Technologies Ltd.
("Hy-Drive") (TSXV: HGS) today
announced that it has just signed a significant Distributor Agreement with GreenCell Technologies Inc.
(GT5:GR ) that
will combine the strengths of both companies and allow for stronger positioning in the energy solutions market.
Mississauga based Hy-Drive has developed a hydrogen-based Alternate Energy Combustion Control System for
transport trucks that has demonstrated impressive results and passed extensive SAE testing.
The system is designed
with a control mechanism that regulates small amounts of hydrogen injected into the combustion chamber, thus
enhancing the air/fuel mixture.
The end result is lower emissions.
GreenCell Technologies located in Aurora, Ontario
trades on the Frankfurt Stock Exchange under the symbol GT5.
They ve created a similar product and are backed by a
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