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Hy-Drive retains Equicom Group

Toronto-based Hy-Drive Technologies has retained the Equicom Group, also based in Toronto, to provide investor relations and financial communications services. Equicom will be paid a monthly retainer for an initial contract term of 12 months. Hy-Drive has developed a power-generation system that involves the injection of hydrogen gas into the combustion chamber of a conventional internal combustion engine. According to the company, this results in better fuel efficiency, more horsepower and fewer harmful emissions.

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