With the contract beginning early next month, supporters are expected to get a glimpse of the club's new away strip before the end of the current season, with the home shirt to be launched in June.
Fife Hyland, Hibs' commercial and communications director, said: "Everyone at the club is very excited about securing such a high-profile and respected technical sponsor.
"Puma is one of the world's biggest football and sporting brands and the quality of the kit and training wear is second to none.
"The players have been very impressed with the new gear and I am sure the new kits and merchandise will be well received by the supporters.
"The club worked very closely with Puma on the designs for 2010/11 and we believe we have produced a unique mix of the traditional and dynamic across the home and away kits for next season."
Meanwhile, Abdessalam Benjelloun admits this weekend's game against Hearts could could be his last-ever Edinburgh derby. Hibs' Morocco internationalist is out of contract at the end of the season and is unsure if he is to be offered fresh terms to remain at Easter Road beyond the current campaign.
The 25-year-old striker said: "Maybe it will be the last derby in my four years at Hibs, so I have to win the last derby before I go – if I am to leave. I don't know what's happening."