Hybrid Technologies Inc. 'OTCBB:HYBT' 25% Stock Dividend Update

LAS VEGAS--March 27, 2006--Hybrid Technologies, Inc. (OTCBB:HYBT) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium powered products worldwide, is pleased to confirm that the first installment (5%) of the 25% - 2006/2007 Stock Dividend Plan will be payable to shareholders of record as at March 31st, 2006 on April 3rd, 2006.

Upon payment of the stock dividend on April 3rd, 2006, Hybrid Technologies will have paid 40% stock dividend since February 28th, 2005. Hybrid Technologies' 2006/2007 Stock Dividend Plan will pay an additional 20% to shareholders of record from May 31st, 2006 to February 28th, 2007.

Every shareholder of record as at May 31, 2006st, 2006, August 31st, 2006, November 30th, 2006 and February 28th, 2007, will receive a 5% stock dividend payment for each of these dates.

About Hybrid Technologies: www.hybridtechnologies.com

Forward-Looking Statement

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.

Hybrid Technologies, Inc. (OTC Bulletin Board:HYBT)