Using web based technology and accelerated acceptance capabilities, it is anticipated that potential and existing customers will have access to a lease option for the purchase of Hy-Drive's HGS units. The lease option should increase Customers monthly cash flow by providing the benefit of greater fuel savings during the operation of their trucks. Finance support and contacts will be provided through Hy-Drive's authorized sales agent, Intralink Associates.

"We are very pleased to announce these strategic alliances as an integral part of the HGS commercial sales launch", said Tom Brown, President & CEO Hy-Drive Technologies Ltd. "By offering customers flexible purchase options that require no upfront dollar outlay we remove corporate capital budget constraints thereby enhancing Hy-Drive sales programs and size of potential revenue streams."

About Alliance Financing Group Inc.:

Alliance Financing Group Inc.(TSX-V: AFG - News) Alliance Financing is a diversified commercial finance institution that specializes in providing branded or white labelled asset based financing solutions, to the SMB (Small to Mid-sized Business) marketplace and to public sector organizations. Alliance Financing works within a multi-underwriter business model, providing a comprehensive suite of financing options available from selected underwriting partners, which include banks, lessors, and other financial institutions. Its financing solutions are delivered through both traditional bricks and mortar channels and various Internet channels. Alliance Financing maintains a "high-tech, human touch" philosophy; utilizing a combination of proprietary technology - such as its private labelled online financing tools, selected ASP technologies, and a dedicated staff of finance professionals to deliver its products and solutions. For more information about Alliance Financing Group Inc. please visit www.alliancefinancing.com,

About Money in Motion Inc.:

Money in Motion was founded by Mr. Alfred and Mrs. Susan Chisholm in 1989. With annual leasing volumes in excess of 100 million dollars, it is one of the leading commercial and consumer leasing/financing agents in Canada and the United States. Money in Motion has developed a loyal and rapidly expanding customer base throughout Canada, Money In Motion Inc. is one of North America's leading equipment leasing/financing agents. They are actively involved in virtually every type of industry including transportation, construction, forestry, mining, industrial, fabrication and manufacturing, as well as specialized industries. Money in Motion currently has offices in Sudbury, Toronto, Thunder Bay, Winnipeg, and Ottawa. The Toronto office also handles business from the United States. Money in Motion can handle small and large businesses, owner-operators, municipal, schools, hospitals, cities, towns, districts, county & non-profit operations. They can enjoy several leasing structures, like fixed term, do not pay until next budgetary year, skip payments etc. for more information please contact; Kent Douglas, Manager of Vendor Programs, 416-490-9651 ext 229, www.moneyinmotioninc.com

About Hy-Drive:

Hy-Drive is an energy technology company that has developed a proprietary, patented hydrogen generating system. The Hy-Drive system generates and injects hydrogen into a regular internal combustion engine, enhancing the combustion process by allowing the fuel to burn more efficiently and completely. In extensive customer trials and tests conducted to date, the Hy-Drive system has demonstrated significant performance enhancements, including reduced emissions, increased torque/horsepower, fuel savings and extended engine life. These benefits result in vehicles which are more environmentally-friendly, fuel efficient and easier to maintain. For further information, visit www.hy-drive.com.