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Hy-Drive and PeopleNet Announce Business Partnership
Publication Date:27-February-2007
08:30 AM US Eastern Timezone 
Source:Hy-Drive
TORONTO--Hy-Drive Technologies Ltd. (TSX-V: HGS) and PeopleNet jointly announced today a business partnership in which Hy-Drive will immediately begin incorporating PeopleNet technology in its products.

PeopleNet is the leading supplier of internet-based, satellite tracking and mobile communications for fleets and the technology will allow Hy-Drive to demonstrate, verify, and maintain the fuel efficiency and emission reduction benefits that Hy-Drive guarantees to its clients. As a result of the partnership, Hy-Drive clients will be offered the opportunity to subscribe to the full breadth of PeopleNet services, delivering major improvements in operational efficiencies, at a discounted cost.

"The incorporation of PeopleNet technology in our product is of strategic importance to both Hy-Drive and our customers" said Tom Brown, President of Hy-Drive. "With this technology embedded in our system we will now be able to monitor and maintain the fuel efficiencies obtained by our Clean Burn Technology(TM), thus fully supporting the performance guarantees we provide our clients. This feature fully differentiates us in this market, as the only supplier backing claims with independent, statistically significant evidence."

Brian McLaughlin, PeopleNet's VP of Marketing and Product Planning is equally excited by the partnership. "We are proud that Hy-Drive has chosen our technology to deliver this important enhancement to their fuel efficiency solution. The synergies of the PeopleNet and Hy-Drive technologies are compelling and obvious."

Steve Teeple, President of PolyWog transport is a satisfied client of both Hy-Drive and PeopleNet. "With the addition of Hy-Drive in May of last year, we were able to improve fuel mileage by an average of 1.2 MPG and were able to confirm it daily using the PeopleNet system" said Mr. Teeple. "Since adding PeopleNet in 1998, we were able to greatly improve driver retention because of the communications capabilities the technology offers." Mr. Teeple operates a fleet of refrigerated trucks out of Palmetto, Florida.

About Hy-Drive

Hy-Drive is an energy technology firm that has developed a proprietary, patented hydrogen generating system. The Hy-Drive system generates and injects hydrogen gas into a regular internal combustion engine, enhancing the combustion process by allowing fuel to burn more efficiently and completely. In previous extensive customer trials and third party tests, the Hy-Drive system has demonstrated significant performance enhancements, including reduced emissions, increased torque/horsepower and significant fuel savings. These benefits, specifically fuel economy and reduced emissions, provide customers with greater productivity overall, as their engines operate more efficiently, with improved cycle times and less carbon build-up.
 


 
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