ASHLAND, OR--(MARKET WIRE)--Apr 16, 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 the that the company is
now preparing to begin delivering its first shipment of its eagerly awaited
Blade XT demonstration motorcycles to its European distributors.
Electric Moto Corp.'s authorized distributors, GoBlade in the UK,
Freeride in France and EMX in Austria, have all indicated very high interest
levels in the company's cutting-edge electric-powered off-road bikes. All
three distributors have been actively fielding customer enquiries for over 2
years since the ambitious development plans for the Blade XT line was
officially announced at the International Motorcycle Show in Milan. Once
these first demo bikes arrive, Electric Moto's distributors anticipate an
overwhelming demand from the off-road and motorcycle press, looking for test
rides and the opportunity to see how the new Blade XT compares to the Blade
T6, which had received rave reviews.
"We're really excited about being able to finally show the bike and
expect huge media and buyer interest from a range of markets. We've done
several test marketing campaigns over the past two years that have helped to
shape the development of the bike so that it appeals to a range of users.
We're confident that Electric Moto has achieved its goal of producing an
electric dual-purpose bike that is green, silent, fun to ride, fast on the
track or street and is also amazingly economical. All of these factors
should drive huge sales of these bikes. I believe that the Blade XT line
will be a phenomenal success here in the UK and across Europe where noise
from off-road bikes has become a major environmental issue," says Stuart
Rutter of GoBlade Ltd, Electric Moto Corp., Inc.'s authorized distributor in
the UK.
Electric Moto Corp. and its distributors have conducted several test
marketing campaigns over the past two years. The results of these campaigns
and the feedback they have received from the press and different user groups
have helped to shape the development of the Blade XT.
"Building on our years of industry experience, the success of our earlier
Blade lines and the massive amount of interest we are already receiving from
the press, professional riders, government agencies, everyday riders and
weekend off-roaders, we have every reason to believe that our Blade XT line
of bikes will be a huge hit, propelling Electric Moto Corp. solidly onto the
world stage. You can't turn on the television or open a newspaper today
without hearing about the effects of global warming, the shortage of crude
oil, skyrocketing gas prices and the need for alternative fuel vehicles. All
of this makes now the absolute perfect time for Electric Moto to introduce
its Blade XT line of bikes. Our bikes offer economical, practical
alternatives to traditional gas-powered motorcycles. They are powered by the
latest long-lasting lithium-ion rechargeable batteries, which makes them
great for commuters, police forces, the military and recreational users that
demand the highest quality, durability and dependability is a zero emissions
bike," adds Ely Schless, CEO of Electric Moto Corp., Inc.
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.