blutip Power - TSXV Suspension

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 (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:

Shannon Brander
VP Administration & Corporate Secretary
Tel:  (905) 542-3024 ext. 234

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blutip Power Technologies Ltd.

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