EnerDynamic Hybrid Technologies Corp. through its wholly owned subsidiary, EnerDynamic Hybrid Technologies Inc. (EHTI) has entered into an agreement (Supply Agreement) with Property Inventor AB, Sweden, whereby EHTI has agreed to supply modular hotel units for the safe housing of refugees in Sweden. The supply agreement represents an opportunity for EHTI to supply products in one of its target markets, and the supply of modular housing units, which is supported by a program of the Swedish government, will be used to house refugees and immigrants.

The supply agreement requires the delivery of 1,000 new modular hotel units by EHTI to Property Inventor over the next 12 months. The supply agreement further requires a 90% payment at shipment of the modules and 10% upon installation.