Hybrid Technologies Selects Warner Music Group To Bring Environmentally-Friendly Electric Lithium Vehicles To The Music Community
Multi-Platinum Recording Artist, James Blunt, to Encourage Fans to Go Green by Driving Electric Mini Cooper
Latest in WMG's Industry-Leading Environmental EffortsNEW YORK, NEW YORK, Apr 23, 2007 -- Hybrid Technologies (OTCBB: HYBT), an emerging leader in the development and marketing of lithium battery powered products worldwide, has presented Warner Music Group (WMG) and multi-platinum Atlantic recording artist James Blunt with environmentally-friendly, all-electric cars.
Lyor Cohen, Chairman and CEO of U.S. Recorded Music for WMG and James Blunt are among the first private users of the advanced all-lithium cars produced by Hybrid Technologies under a Space Act partnership with NASA.
Richard Griffiths, Director of Development for Hybrid Technologies stated, "We chose Warner Music Group's Lyor Cohen to be one of our first recipients of a Smart Car because he is someone who represents a new generation of leaders working to address climate change. Under Lyor's leadership, Warner Music Group's U.S. record labels have lead the industry in their environmentally responsible efforts. Lyor has always been on the cutting edge; therefore, we are proud he is one of the first to have our cars."
Griffiths added, "James Blunt is a great example of artists who are working to raise awareness about the importance of our environment. And with artists and executives willing to show fans everywhere the benefits of ecologically responsible behavior in their everyday lives, we believe over time we can encourage more and more consumers to drive Smart Cars and have a meaningful impact on the environment."
Commenting on driving Hybrid Technology's Smart Car, Cohen said, "It's one thing to talk about the environment, it's another to incorporate ecologically friendly behavior in your everyday lives. I'm proud that Warner Music has led the industry in going green, from greening our company events to transforming our CD and DVD packaging as well as strengthening our company's recycling efforts. We're proud to work with Richard and the Smart Car team and look forward to encouraging more and more people to drive smart."
Hybrid Technologies currently has pilot programs with NASA, Paratransit, the City of New York as well as the Canadian Federal Government.
About Warner Music Group: www.wmg.com
About Hybrid Technologies: www.hybridtechnologies.com
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.