Hy-Drive Annual General & Special Meeting of Shareholders

    Hy-Drive Technologies Ltd. (HGS-V)

    MISSISSAUGA, ON, April 8 /CNW/ - Hy-Drive Technologies Ltd. Annual
General & Special Meeting of Shareholders is being held on Thursday, April 16,
2009 at 2:30 pm (EDT time) at the TSX Broadcast Centre, The Exchange Tower and
will be available via conference call or webcast as follows:

    North American Investors can access the meeting via conference call by
dialing 416-644-3414 or toll free 800-733-7571 and request the Hy-Drive AGM
call. Alternately, the call is also being webcast by CNW Group and can be
accessed at Hy-Drive's website, www.hy-drive.com or directly at:


    Audio replay will be available until April 30, 2009 by dialing
416-640-1917 or toll free 877-289-8525 and then entering the pass code
21302732 followed by the number sign.
    The Company invites investors to submit questions they would like
answered on any company related business by email to
corporatesecretary@hy-drive.com by 5:00 pm on April 15, 2009.

    About Hy-Drive

    Hy-Drive is a technology firm that has developed a proprietary, patented
hydrogen generating system. Hy-Drive's Hydrogen Generating System ("HGS(TM)")
generates and injects hydrogen gas into a regular internal combustion engine,
enhancing the combustion process by allowing fuel to burn more efficiently and
completely. For more information, please visit www.hy-drive.com.

    The TSX Venture Exchange has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved the
    contents of this press release. The TSX Venture Exchange does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00016984E

For further information:

For further information: Hugo T. Sorensen, President & CEO, Hy-Drive
Technologies Ltd., Tel: (905) 542-3024, ext. 222, hsorensen@hy-drive.com; Fred
M. Florence, Vice President & CFO, Hy-Drive Technologies Ltd., Tel: (905)
542-3024 ext. 257, fflorence@hy-drive.com

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