Unique Hybrid Electric Bicycles and Electric Scooters will be Introduced in Friedrichshafen Germany at Eurobike International Bicycle Trade Fair

Chatsworth, CA - August 25, 2006 -- Currie Technologies Inc., one of the worlds most successful companies with a ten year history pioneering the field of light electric vehicles, will introduce an unprecedented range of their new IZIP' brand of hybrid electric bicycles and electric scooters that utilize the companies proprietary Electro-Drive' propulsion systems and advanced lightweight battery technologies. Currie will be introducing 10 new models of hybrid electric bicycles and 3 new models of electric scooters that meet EU requirements under European whole vehicle type approval, at the Eurobike International Bicycle Trade Fair held in Friedrichshafen, Germany on August 31, 2006.

These new hybrid electric bicycles offer state-or-the-art technology, reliable performance, contemporary styling, and a real value, previously unavailable in the marketplace. "We are very excited to be introducing these new hybrid electric bikes and scooters that will literarily change the way people move. These are some of the most energy-efficient, economical powered vehicles available today" said Larry Pizzi, the companies President and Chief Executive. "They are also quite unique in that they don't look like an electric bicycle that traditionally has unconventional shapes and bulky battery compartments. At first pass, you will not think they are electric powered."

With petrol prices continuing to rise, hybrid electric bicycles and electric scooters make more sense now than ever before. These are incredibly fun to ride and offer a wonderful alternative to getting in your car. They also make a very positive statement about your energy independence and commitment to the environment.

Dr. Malcolm R. Currie, the company's founder said "These unique hybrid electric bikes are a timely addition to our product range. I believe that the time has finally come for a paradigm shift in the way people all over the world think about the economic and environmental impact of fossil fuel burning vehicles. These affordable high performance hybrid electric bicycles will enhance people's lives by stretching the household budget and our unique designs will appeal to a wide demographic of cyclists for recreation, transportation, and make for enjoyable exercise and family fun."

Currie offers a complete range of electric bicycles and scooters to fit almost every age and budget. All Currie products are designed in California USA to offer superior style, performance and value and will be available to consumers through bicycle stores throughout the US and in many other countries, internationally, as the company seeks to expand its network of international distributors worldwide. The complete product range will be unveiled at Interbike in Las Vegas, Nevada, later in September.

For additional information on the news that is the subject of this release, contact Larry Pizzi at 001 (818) 435-0401 or lpizzi@currietech.com.

About Currie Technologies

Currie Technologies, Inc. is a developer, manufacturer and distributor of quality, high-performance Hybrid and Electric Powered Vehicles and Personal Transportation products. Currie Technologies was founded in 1998 by Dr. Malcolm R. Currie, the former chairman and CEO of Hughes Aircraft and Delco Electronics, on the conviction that electrically driven vehicles will become increasingly important for fundamental environmental and economic reasons, and that new and large international markets will emerge. Currie Technologies hold various technology patents on the Electro-Drive' Propulsion Systems, unique electric drive systems that provides superior performance and durability at a reasonable price.