Hybrid Technologies Inc. Set to Launch GT Version of L1X-75 All Carbon Fiber Lithium Supercar

LOS ANGELES, CA and NEW YORK, NY - January 30, 2007 -- Hybrid Technologies, Inc. emerging leaders in the development and marketing of lithium powered products worldwide, has taken delivery of a specially designed, all carbon fiber version of the L1X-75. A joint venture with Mullen Motor Company has produced a significant advancement in the supercar arena with the launching of the L1X-75 GT.

Mullen was named by Forbes Magazine as the 7th fastest American production car, an honor shared with Saleen and Dodge Viper. The distinctive L1X-75 GT with its' combination of style, handling and performance makes it one of the most outstanding cars produced in the world today.

Hybrid Technologies, in conjunction with Mullen, has created a platform aimed at surpassing current electric sports cars with the use of a highly advanced battery management system, along with a proprietary battery balancing system. The L1X-75 GT incorporates safety elements that are presently incorporated into Hybrid's consumer products such as the New York City Taxi and the NASA Smart Car used at Kennedy Space Center.

The L1X-75 GT platform and carbon fiber body was produced in Los Angeles, CA while the propulsion system is being produced in Mooresville, NC.

At the time of press, Hybrid has announced an MSRP of $125,000 USD.

For more information about Hybrid Technologies visit www.hybridtechnologies.com, and for more information about Mullen Motor Company visit www.mullenmotorco.com