Hy-Drive Announces Company Update Call

MISSISSAUGA, ON, Dec. 8 /CNW/ - Hy-Drive Technologies Ltd. today announced that it will be holding a Company Update Conference Call and Webcast on Thursday, December 16, 2010 at 11:00am ET.

To access the call on December 16^th, Investors can dial toll free [phone] or for local and outside of North America, dial [phone] and request the Hy-Drive Update Call.  The call will also include a Question and Answer period and we would invite investors to forward any questions beforehand to [email protected] before 5:00pm on December 15^th. 

This call is being webcast by CNW Newswire and can be accessed at Hy-Drive's Web site, www.hy-drive.com or directly at:

http://event.on24.com/r.htm?e=269755&s=1&k=DAE1F90413473F9117B24A794F3EC93E

The call will also be available for replay until December 30, 2010 by dialing toll free [phone] and entering password:  28386191. 

About Hy-Drive

Hy-Drive is a technology company headquartered in Mississauga, Ontario, Canada. The Company has invested in the research and development of hydrogen and control technology resulting in a proprietary, patented and patent-pending hydrogen generating system ("HGS®") and advancement in multi-fuel universal combustion controls. Hy-Drive's HGS enriches the fuel-air charge of an internal combustion engine with hydrogen produced through electrolysis and uses its proprietary software controls to improve combustion of the fuel-air mixture. The result is improved fuel economy and reduced opacity (particulates). For more information, please visit www.hy-drive.com. 

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information:

Robert H. Bucher, P.Eng
President & CEO
Tel:  [phone] x222
Email: [email protected]