HUGE NEWS HEAT!!!! Hillcrest Energy Technologies Ltd. has signed a five-year technology collaboration agreement with Systematec GmbH, a German specialist engineering innovator and component designer to Airbus, Audi, BMW, Continental, Volvo Truck Corp., and other hybrid automobile/electric vehicle and electrical equipment manufacturers. Technical teams on both continents will jointly manage engineering activities to leverage Hillcrest's electric machine control software and develop high-value power electronics and electro-mechanical IP (intellectual property) and technology for commercialization. All products and IP developed through this collaboration will be owned by Hillcrest.