SOURCE: ECOLOGIC TRANSPORTATION, INC.

February 11, 2010 05:09 ET

ECOLOGIC TRANSPORTATION, INC. SELECTED TO PRESENT AT CLEAN EQUITY MONACO 2010

SANTA MONICA, CA--(Marketwire - February 11, 2010) - Ecologic Transportation, Inc. ("Ecologic Transportation" or the "Company") (OTCBB: EGCT) today announced it has been selected to present at CleanEquity Monaco 2010, the foremost event for next generation clean and green technology. The conference takes place March 4th and 5th at the Sporting d'Hiver, Monaco.

Ecologic Transportation, Inc. is included in this expert selection of the world's most inspiring cleantech companies and will present to invited industry-specific financial and strategic investors, policy makers, legislators and media. William N. Plamondon, III, Ecologic's Chief Executive Officer, said, "I've been in the transportation business almost 40 years. As CEO of Budget Rent A Car, Alamo Rent A Car and National Car Rental I have rented millions of cars to millions of customers emitting more than my share of dirty fuels into our air. I now have the opportunity to build an innovative company dedicated to environmentally friendly transportation products and services."

Innovator Capital, London specialist investment bank, will host the annual invitation-only event. CleanEquity Monaco's regional host is the Monaco Chamber of Economic Development. Other local partners include Prince Albert II of Monaco's Foundation, the Monte Carlo SBM, and the Stelios Philanthropic Foundation. Collaborators for the 2010 event include Arup, Covington and Burling LLP, the Hugin Group, Invest Securities, Royal Philips Electronics NV and the UNEP Fi.

Plenary sessions, led by sector experts, will discuss and identify key industry themes, drivers and constraints, as well as forward looking trends.

ABOUT ECOLOGIC TRANSPORTATION, INC.

Headquartered in Santa Monica, CA, Ecologic Transportation, Inc., is a holding company with wholly owned subsidiaries all dedicated to environmentally friendly transportation products and services. The company encompasses three separate but integrated operations that address the environment and transportation holistically: Ecologic Car Rentals, Ecologic Systems and Ecologic Products. This innovative company has an unbiased approach to green cars and clean fuels by providing a business platform for all emerging environmental transportation technologies. For more information: www.ecologictransportation.com or visit http://www.myshareholder.com/ecologic-transportation.html where you can follow Ecologic on Facebook, Twitter, and You Tube.

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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Contact Information

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