Highline Technical Innovations, Inc. Announces Updates on Company Activities
September 01 2010 - 2:41PM
Marketwired
Highline Technical Innovations, Inc. (PINKSHEETS: HLNT), majority
shareholder of Highline Hydrogen Hybrids, announced today a company
update on its recent activities. Dong Feng Motors, China's second
largest domestic auto maker and HTI have signed a Letter of Intent
as mentioned in a press release dated August 25, 2010. At Dong Feng
Motors' request, HTI will be sending two representatives to China
this month to continue working on the three joint ventures outlined
in the letter of intent as well as showcasing HTI's latest designs
for OTR and agricultural applications and providing current
emissions data that the company has compiled.
The company recently added Colorado, Oklahoma, South Carolina
and Montana to its growing list of dealers and distributors. HTI
continues to accept applications for dealers in an effort to
broaden the company's exposure to the agricultural and
transportation industries which are two of the world's largest
markets. The dealer application can be found on the company's
website under the "contact us" tab.
http://www.highlinehybrids.com/contact_us.html
HTI continues to seek approval from the United States Department
of Agriculture to be a qualified technology that would allow
farmers to apply for a REAP (Rural Energy for America Program)
grant. It is corresponding with Senator Blanch Lincoln's office to
expedite the process. Members of her staff visited our facility and
were given a presentation on our technology in August. Senator
Lincoln chairs the United States Senate Agriculture Committee. More
information on the REAP program can be found on the USDA website.
http://www.rurdev.usda.gov/rbs/busp/9006grant.htm
HTI is applying for a grant from the Green Technology Grant
Program through the Arkansas Economic Development Office that is
due September 10, 2010. The Arkansas State Police is the focused
recipient of the technology if HTI is awarded the grant. The
Arkansas State Police currently has 937 patrol cars in operation
throughout the state. More information on the Green Technology
Grant Program can be found at
http://www.arkansasenergy.org/green-technology-grant-program.aspx.
HTI completed taping for its national awareness campaign with
21st Century Business Television Series. Mel Robinson, CFO, was
featured in a Q&A session focusing on the company's hydrogen
application in the OTR and agriculture industries. The company will
release the air times as they become available. More information on
21st Century Business Television Series can be found at
http://www.21chtv.com/.
Highline Technical Innovations, CEO Charlton Coats stated, "We
continue to grow our business one day at a time. This week we
received a purchase order from our first OTR fleet. Though the
fleet is not large, we believe this is a critical step in landing
the nationally known fleets out there. We also setup fourteen units
on our first large farming operation. Truckers and farmers are very
good with sharing information. The word is spreading that we are
the real deal."
Contact: Charlton Coats 1-479-267-6000
c.coats@highlineinnovations.com
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