blutip Power Announces Management Change

blutip Power Technologies Ltd. (TSXV: BPR)

MISSISSAUGA, ON, Nov. 24, 2011 /CNW/ - The Board of blutip Power Technologies Ltd.  ("blutip") announced today that its CEO & President,  Rob Bucher, is leaving the Company to pursue other interests. The Company wishes Mr. Bucher well in his new endeavors.

The board also announces that it has appointed Dean Dussias, blutip's Chief Operating Officer and Chief Financial Officer, as Interim-CEO while it commences a CEO search.

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 (particulates).

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 release.

SOURCE blutip Power Technologies Ltd.

For further information:

Peter Williams
Tel:  (905) 542-3024 ext. 234

Profil de l'entreprise

blutip Power Technologies Ltd.

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