This will allow for exciting product expansion into a much larger market. Hy-Drive developed and established the Hydrogen Generating System (HGS) for the North American trucking industry. The advanced as-used hydrogen generation, multi-fuel combustion control and safety interlock mechanism, has gone through extensive S.A.E testing with impressive results that lower fuel consumption and reduce harmful emissions at the same time. Becoming Blutip Power Technologies means the company will now target diesel emissions reduction with fuel economy products and services for the rapidly expanding sustainable energy and clean technology based markets.

"We are still going to distribute and market as an HGS fuel savings company for highway trucks; but by expanding into emissions, we won't limit the opportunity, we will expand market channels, acquiring profitable business via much greater coverage with an expanded number of new and re-aligned products and services. We are very excited about the future," said Robert Bucher, the newly appointed President and CEO.

Blutip Power will continue to focus on maximizing diesel combustion; however their product list will expand to include advanced multi-fuel combustion controls, smart telematics and a high precision, low cost, mobile command, control and monitoring solution. On the services side they intend to develop software, conduct engine combustion economy and emissions analysis, offer lab services, provide environmental packaging, as well as special program prototyping. All products and services will be available to customers around the world.

"Very few companies are positioned to meet the needs of the green sustainable energy movement the way we are. We have 15 years of multi-fuel combustion product design, testing and application knowledge behind us, and now that the trucking industry, mining industry, marine, power generation and the public transit industries; to name a few, are now focused on diesel engine emissions reduction, we plan to align ourselves with this exciting and expanding market," stated Bucher.

Over the next 12 months Blutip Power plans to start conducting automated impact studies, develop the telematics package and service, and move forward with HGS product sales. The company is currently looking to establish alternate distributors for the HGS units globally.

www.hy-drive.com