SOURCE: Floyd Associates, Inc.

Floyd Associates, Inc.

April 20, 2009 16:00 ET

A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry

Plug-in Hybrids: Vehicles of Tomorrow

LOS ANGELES, CA--(Marketwire - April 20, 2009) - Floyd Associates, a privately held consulting firm with operations in strategic development, investment banking, and mergers & acquisitions, has published a research report briefly analyzing plug-in hybrid and electric vehicles that are currently in development or being produced. The report classifies various types of "clean" vehicles and reviews the strengths and weaknesses of some of the old and new players in the sector.

The battery capacity that is needed for an all-electric vehicle is currently very costly. A Deutsche Bank study cites an average of $11,000 of additional cost for an all-electric vehicle compared to a comparable gasoline powered vehicle. Also due to limitations in current technology the range for most all-electric vehicles is limited to about 100 miles and to up to 250 miles for high-end electric vehicles.

Compared to a gasoline powered vehicle a hybrid uses less fuel, has a smaller carbon footprint, and has a comparable range and performance. Due to the unpredictability of gas prices and increasing consumer demand for more fuel efficient vehicles the report projects that the demand for hybrids shall increase dramatically in the coming years.

To read the full report, please go to: www.floyd-associates.com/phev2.pdf.

To read more about Floyd Associates please visit www.floyd-associates.com. If you have questions or comments, please contact us by email at info@floyd-associates.com or call us at: +1 (310) 300-0890.

About Floyd Associates

Floyd Associates is a privately held consulting firm with expertise in strategic development, investment banking, and mergers and acquisitions. Our expert team advises companies of various sizes on international expansion strategies, optimal capital structures, and formation of strategic alliances. Floyd Associates Dubai is responsible for offering strategic development advice to companies interested in exploring opportunities in the rapidly growing markets of the Middle East. In addition to helping companies gain access to markets and sources of capital in the Middle East, the Company advises clients on how to obtain a listing on the NASDAQ Dubai as well as matters related to compliance with the Shariah Law.

Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

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