Hy-Drive Patent News - Hy-Drive Adds Two More Patents to its Patent Portfolio

Hy-Drive Technologies Ltd. (HGS-V)

MISSISSAUGA, ON, March 17 /CNW/ - In the last year Hy-Drive has received Patents in Canada, the United States and Australia. Today, Hy-Drive is pleased to announce that it received two additional patents, one from the Canadian Intellectual Property Office and another from the Director of The United States Patent and Trademark Office. Consistent with general patent terms, both have a duration of twenty years from the date of filing.

The Canadian Patent No. 2,368,508 relates specifically to "Hydrogen Generating Apparatus and Components Therefor" used to enable the production of hydrogen within a Hydrogen Generating System (HGS). This Patent incorporates many innovative features that are used in the current HGS unit and for future products.

The United States Patent No. 7,651,602 relates specifically to the "Electrolyzer" that may be used to enable the production of hydrogen within a Hydrogen Generating System (HGS). This Patent covers innovative design features that will facilitate more flexibility in the integration of an HGS in future applications.

"These significant Patents add to Hy-Drive's strong intellectual property portfolio," said Hugo Sorensen, President and CEO of Hy-Drive, "This brings our total number of Patents issued to eight (8), with eighteen (18) Patents Pending and additional patents under development. We believe this strong portfolio makes Hy-Drive a leader of innovative Hydrogen technology."

About Hy-Drive

Hy-Drive is a technology firm that has developed a proprietary, patented hydrogen generating system. Hy-Drive's Hydrogen Generating System ("HGS(TM)") generates and injects hydrogen gas into a regular internal combustion engine, enhancing the combustion process by allowing fuel to burn more efficiently and completely. For more information, please visit www.hy-drive.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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For further information: Hugo Sorensen, President & CEO, Hy-Drive Technologies Ltd., Tel: [phone], [email protected]; Fred Florence, CA, COO & CFO, Hy-Drive Technologies Ltd., Tel: [phone], [email protected]