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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-11 06:13 PM
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It Has Begun
http://www.google.com/url?sa=t&source=web&cd=3&sqi=2&ved=0CCwQFjAC&url=http%3A%2F%2Fwww.blutipower.com%2Fwp-content%2Fuploads%2FPR-Apr-14-11-MTI-Licensing-Final.pdf&rct=j&q=blutipower%20mining%20equipment&ei=ViQBTpLSHcG30AHA9tGKCg&usg=AFQjCNGQ30KXJHkr049VSS05aYZplqoBow&cad=rja


Hy-Drive Technologies Ltd. (HGS-V)
Mississauga, ON, April 14, 2011 (Canada NewsWire via CNW Newswire)
blutip Power Announces Major Groundbreaking Licensing Agreement

MTI Purchases Manufacturing & Licensing Rights for HGS
blutip Power TechnologiesTM (“blutip Power”) , a division of Hy-Drive Technologies Ltd. (TSXV: HGS) todayannounced that its mining partner, Mining Technologies International Inc. (“MTI”) have agreed to purchase an exclusive Manufacturing & Marketing Rights Agreement for the company’s patented Hydrogen Generating System (HGS®).

The Agreement will see MTI pay $2,000,000 to blutip PowerTM, in quarterly instalments, in exchange for the exclusive manufacturing and global distribution licensing rights for Hy-Drive’s Hydrogen Enhanced Diesel Combustion technology - for use with direct-driven rolling equipment applications in the surface mining, underground mining, tunnelling, construction mining and off-highway market sectors.

As a result of this agreement MTI will be licensed to manufacture and supply the current Hy-Drive HGS and all of its associated sub-assemblies, to the worldwide off-road heavy equipment market, as defined above. "In December we announced our plan to re-organize our channels of distribution to better meet customer needs, as we intended to aggressively expand our product offering. This agreement is another important step of our re-alignment," stated

Robert Bucher, President & CEO, Hy-Drive Technologies Ltd. “For many years MTI has been very supportive of Hy-Drive and its H2 technology. This commitment is yet another indication of their willingness to work alongside us; providing us the necessary capital to advance our
technology with them and expand into new, exciting markets,” he continued.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Tue Jun-21-11 07:33 PM
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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-11 08:07 PM
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2. You know, they say if I have to explain it.... well this is going to be spoonfed judging by
your callous remarks.

A dyno test using a Cat 2000kw genset predicted over $200,000 a year in fuel savings with the set running 24/7. If you can do the math and see what this means in fossil fuel usage reduction then you are going to get it.

If you understand the reductions in particulate emissions from diesel as well as gasoline, the reduction in Co, Co2 and No2 then you are going to get it.

If you realize that they are using the hydrogen from WATER to accomplish this seemingly miraculous task then you will see the importance of this tech.

One more point, people who mine don't need the extra crap from emissions going into their lungs and this tech will clear the air in mines for miners. If you add it all together you get great things for fossil fuel reduction, emissions reductions, etc etc.

We are on the verge of accepting into the mainstream something that was laughed off as snake oil and BS just a few short years ago, and that pal is revolutionary.
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