Daily News logo Newsletter logo   Search News    

Highline Technical Innovations, Inc. Announces Letter of Intent With Dong Feng Motors

  Share This Story

Highline Technical Innovations, Inc., (PINKSHEETS: HLNT), majority shareholder of Highline Hydrogen Hybrids, announced today it has received a signed Letter Of Intent from Dong Feng Motors, China's second largest domestic auto maker.

The Letter Of Intent (LOI) addresses three different ventures in which the two companies have been in dialogue. The letter of intent addresses the formation of a joint venture with HTI's majority owned subsidiary, Hoss Motor Sports, with Dong Feng Motors to manufacture, market and distribute the Hoss UTV. The letter of intent also addresses the formation of a joint venture between HTI's majority owned subsidiary, Highline Hybrids, and Dong Feng Motors relating to implementation and production of Highline Hybrid's hydrogen generator. The third focus of the letter of intent is the formation of a joint venture between the two companies to refurbish and rebuild auto components. Highline Technical Innovations, Inc. will release details to the public of these joint ventures as they are negotiated.

CEO Charlton Coats stated, "We are very pleased with our progress. Relationships take time to build, but when they are formed, they can be very beneficial. We have posed the question many times in our office what the ramifications would be if an auto manufacturer was willing to integrate our technology into their processes. We are one step closer to this possibility. We will continue to negotiate these joint ventures while maintaining our vigilance in aggressively pursuing the OTR and agricultural markets with our hydrogen generators. The results our units are achieving in these markets simply can't be ignored."

The Hoss UTV may be viewed at http://www.hossusa.com. Information on the Wildcat hydrogen generator may be viewed at .



 
Support Wikipedia

NeswBlaze top writers

Find more stories recommended by Stumbleupon.

newsletter logo

What's Hot?
1 .Supermodel Bar Refaeli Adorns the Cover of the 2009 Sports Illustrated Swimsuit Issue on Newsstands Today! - 156
2 .Go Social Film Magazine Partners with the San Jose Short Film Festival to Stream Official Selections Online to a Global Audience via iPad - 37
3 .Africa Oil Operations Update - 35
4 .These 10 Comfortable Walking Shoes Are a Step in the Right Direction - 33
5 ."K-1 Rising 2012 - K-1 World Max Final 16 2012" Announces May 27 Pay-Per-View Ustream Channel - 28
6 .Oprah Winfrey Come Out of The Closet! Admit You're a Lesbian! - 25
7 .Photos: Valkyrie MEDEVAC - 35
8 .WeDoRecover Expands Drug and Alcohol Treatment Centre Network with a New Partner Rehab Centre in Durban, South Africa That Will Focus on Upmarket South African and UK, English Patients - 24
9 .Give a Great Valedictorian Speech - Joey Asher - 22
10 .F-Secure Protection Service for Business Now Protects Mobile Devices Too - 21
Updated: 17:45 PDT     3462

NewsBlaze Editors

editors

NewsBlaze Writers

news writer images

Writers Wanted

Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer

Follow NewsBlaze

NewsBlaze Social Media Logos NewsBlaze Facebook NewsBlaze LinkedIn NewsBlaze Twitter NewsBlaze YouTube NewsBlaze MySpace NewsBlaze Fan Page NewsBlaze StumbleUpon NewsBlaze Political Cartoons NewsBlaze Editorial Cartoons
NewsBlaze 
Copyright © 2004-2012 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice |         Press Room