SOURCE: T3 Motion, Inc.

Clean Energy Clean Technology Alternative Energy

December 10, 2009 08:50 ET

T3 Series Vehicle Increases Efficiency and Reduces Costs for Simon Property Group

T3 Series Electric Stand-Up Vehicle Means "Green" Results for Simon Locations Nationwide

COSTA MESA, CA--(Marketwire - December 10, 2009) - T3 Motion, Inc. (OTCBB: TMMM) announces the deployment of approximately 100 T3 Series Electric Stand-up Vehicles (ESVs) at Simon Property Group locations throughout the U.S. T3 Motion, Inc. has estimated that by replacing dozens of gasoline-powered vehicles nationwide, Simon Property Group's savings over three years will be approximately $3.2 million with the T3 Motion, Inc. clean-energy vehicles. T3 Motion, Inc. conservatively estimates the operating costs of one petroleum-powered vehicle utilized for retail property patrol applications averages between $15,000 and $20,000 annually.

Simon Property Group is the largest U.S. retail R.E.I.T. and operates regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and international properties with ownership or an interest in 260 million square feet of gross leasable area in North America, Europe and Asia.

With its deployment of the T3 Series vehicles, Simon Property Group steps into the future of retail and lifestyle center community relations and public safety. It also continues a commitment that earned the company recognition by the U.S. Environmental Protection Agency as a 2008 ENERGY STAR Partner of the Year.

"In addition to cost savings, each T3 will reduce our carbon footprint by over five tons annually," said George Caraghiaur, Vice President of Energy Services at Simon Property Group.

Public safety is an around-the-clock job in many areas across America. Fuel is a significant cost factor for security and law enforcement patrol-based operations. The zero-gas-emission T3 Series is ideal for parking, perimeter and interior patrols for retail and lifestyle centers.

With the deployment of T3s for parking lot patrols, retail property owners like Simon Property Group have seen decreases in thefts, vehicle thefts, vandalism, and assaults, reduced insurance claims, and reduction in shrink.

Additionally, security personnel riding a T3 Series are much more approachable by customers than car or SUV-based patrols, often leading to positive community relations interactions with the public. In fact, Simon Property Group officers are routinely asked to pose for pictures with shoppers and families. Retail and private security agencies using T3 Series ESVs for parking patrols have experienced increases in customer confidence regarding safe and secure shopping zones along with increases in customer traffic, helping to create environments for increasing revenues.

"For Simon, the benefit of the T3 Series vehicles for us has been threefold -- Increased presence and improved customer relations, reduced operating costs, and an annual reduction in our Carbon footprint," said Russ Tuttle, Vice President of Corporate Security and Emergency Management at Simon Property Group. "Any time we can decrease our costs yet increase our efficiency, it makes a great deal of sense for Simon to utilize technology like the T3s nationwide. Our customers seem to interact more with our officers and appreciate the fact that the electric T3s are zero-gas emissions."

"We are very proud to partner with Simon Property Group in their strategic mission to utilize clean technology for public safety applications at their properties," said Ki Nam, C.E.O. of T3 Motion, Inc. "Simon recognizes the importance of reducing operating costs without sacrificing their service and effectiveness. The T3 Series enables Simon Property Group to patrol shift after shift for pennies a day."

About Simon Property Group:

Simon Property Group, Inc. is an S&P 500 company and the largest U.S. R.E.I.T. Simon is a fully-integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers®, The Mills®, community/lifestyle centers and international properties. It currently owns or has an interest in 382 properties comprising 260 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE. For further information, visit the Company's website at

About the T3 Series ESV:

Reaching speeds up to 20 m.p.h. and designed with the input of law enforcement and security industry professionals, the T3 Series feature a zero-degree turning radius and compact design -- perfect for maneuvering through crowds and tight spaces. Also unique to the T3 Series is the most user-friendly intuitive operation of its kind, giving the rider a sense of superior stability.

The quiet environmentally-friendly zero gas emission vehicles include an integrated LED lighting system and an incomparable low cost of operation -- running for less than 10 cents per day and never requiring any down time due to the T3's two re-chargeable, lightweight batteries that can be easily swapped out while in-use for continual deployment and an unlimited range.

T3 Series Features:

--  High-performance vehicle with a zero-degree turning radius for
    improved maneuverability in crowds and tight spaces
--  Two rechargeable and interchangeable lightweight power modules for
    constant use without down time
--  Capable of reaching speeds up to 25 m.p.h. for the quickest response
    possible without officer or personnel fatigue
--  An instinctive vehicle with easy-to-operate controls and responsive
    steering that allows officers and security personnel to focus on response
    to the situation
--  A 9-inch raised platform providing a superior vantage point but still
    allowing for interaction with the community
--  Robust cargo capacity of 450 pounds (rider + equipment) includes the
    ability to tow personnel and equipment/cargo trailers

Additional T3 Series Features Specific to Law Enforcement and Security:

--  Integrated LED lighting system
--  Fully-compliant headlights, brake lights and running lights
--  Audible siren and yelp horn
--  Lockable glove box for storage
--  Optional GPS-enabled tracking system
--  Optional on-board video camera system

About T3 Motion, Inc.:

T3 Motion, Inc. (OTCBB: TMMM) revolutionized the world of personal mobility with the introduction of their flagship T3 Series law enforcement vehicles at the International Association of Chiefs of Police conference held in October 2006. Headquartered in Orange County, California, T3 Motion, Inc. is dedicated to raising the bar on environmental standards and law enforcement and security capabilities in personal mobility technology. For more information on T3 Motion, Inc. and the company's signature T3 Series line of personal mobility vehicles visit or call (714) 619-3600.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Jeff Simpson
    (949) 500-3976