MISSISSAUGA, ON, Feb. 24, 2012 /CNW/ - blutip Power Technologies Ltd.
("blutip Power" or the "Company") today announced that subsequent to
its press release issued on February 8, 2012 the TSX Venture Exchange
("TSXV") has suspended the Company from trading for failing to maintain
Exchange Listing Requirements.
About blutip Power
blutip Power is a technology company headquartered in Mississauga,
Ontario, Canada. The Company has invested in the research and
development of hydrogen and control technology resulting in a
proprietary, patented and patent-pending hydrogen generating system
("HGS®") and advancement in multi-fuel universal combustion controls.
blutip Power's Hy-Drive HGS enriches the fuel-air charge of an internal
combustion engine with hydrogen produced through electrolysis and uses
its proprietary software controls to improve combustion of the fuel-air
mixture. The result is improved fuel economy and reduced opacity
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange
Inc.) accepts responsibility for the adequacy or accuracy of this
SOURCE blutip Power Technologies Ltd.
For further information:
VP Administration & Corporate Secretary
Tel: (905) 542-3024 ext. 234