Electric Moto Corp. Now Trading on the Pink Sheets
ASHLAND, OR--(MARKET WIRE)--Apr 10, 2008 -- Electric Moto Corp., Inc. (Other
OTC: EMOT.PK -
News), a U.S.-based
designer, manufacturer and retailer of highly efficient electric
battery-powered motorcycles, scooters and ATVs, is pleased to announce that
the company is now publicly traded under the trading symbol Pink Sheets:
EMOT. The company is preparing for the soon to be announced launch of its
first retail line of all electric off-road motorcycles and is also gearing
up for the launch of its electric-powered ATVs and scooters.
"The newly public Electric Moto Corp. already has a long history within
the electric vehicle industry. We have put together a team of executives,
designers and engineers with decades of experience developing cutting edge
battery systems and engine technologies for powering the eco-friendly, fun
vehicles of the future. The first generation of demo bikes we produced has
gotten rave reviews from everyone from the automotive press to some of the
top professional motocross riders from around the world. We keenly
understand that we had to produce a bike that could compete head to head
with the top gas-powered bikes out there if we wanted to be taken seriously.
Our Blade XT bike does just that and looks and feels great in the process!"
says Ely Schless, CEO of Electric Moto Corp., Inc.
"Another great thing about our business is that demand for electric
powered vehicles is expected to skyrocket for many years to come. As
petroleum and gas prices continue going through the roof, everyone including
off-road riders is now taking a serious look at the alternatives to
traditional gasoline-powered bikes. Just as important is that our bikes run
almost completely silently. That means that Blade XT riders can ride almost
anywhere without the worry of complaints about noise pollution, including
countless areas that would otherwise be off limits to motorcycles," adds
Schless.
Electric Moto Corp. aims to be a major player in the rapidly expanding
marketplace that is expected to grow into the billions of dollars. The
company's rapidly expanding line of electric vehicles is powered by the very
latest generation of long-life batteries. Demand for Electric Moto Corp.'s
competition grade off-road motorcycles, scooters and ATVs is expected to be
very strong. The company has already begun discussing advanced orders for
its Blade XT motorcycles. Electric Moto has established distributors in the
United States, United Kingdom, France and Germany/Austria and is already
talking with other parties about additional distributorships in about ten
more countries.
About Electric Moto Corp., Inc.
Electric Moto Corp. is an Ashland, Oregon-based company that specializes
in the design, manufacture, marketing and sales of vehicle chassis and
components and eco-friendly, zero emissions, electric battery-powered
vehicles for recreational, law enforcement, governmental and military
applications. The engineering and management team behind Electric Moto and
its rapidly expanding line of lithium-ion powered vehicles have decades of
experience developing and implementing cutting edge technologies for
powering the company's expanding line of practical, clean and economic
vehicles of the future. The company, which currently has distributors in the
United States and Europe, has plans to continue adding distributors wherever
Earth-friendly, green vehicles will be in demand. Electric Moto is currently
poised to begin production of its BLADE XT off-road motorcycles and is in
preparations to launch its own lines of ATVs and scooters. For more
information of Electric Moto or to find out how you can purchase one of the
company's vehicles, please visit:
www.electricmoto.com.
In addition to the historical information contained herein, this news
release contains forward-looking statements that are subject to risks and
uncertainties. Actual results may differ substantially from those referred
to herein due to a number of factors. Forward-looking statements may
include, but are not limited to statements regarding EMOT's growth and
profitability, growth strategy, access to technology, liquidity and access
to public markets, product flow from suppliers, and trends in the industry
in which EMOT operates, which could have a material effect on EMOT's current
business model. The forward-looking statements contained in this press
release are also subject to other risks and uncertainties, including those
more fully described in EMOT's filings with the SEC. EMOT assumes no
obligation to update these forward-looking statements to reflect actual
results, changes in risks, uncertainties or assumptions underlying or
affecting such statements, or for prospective events that may have a
retroactive effect
Contact:
Source:
Electric Moto Corp.
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