SOURCE: Electric Car Company, Inc.
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October 29, 2009 09:15 ET
Electric Car Company, Inc. Signs Letter of Intent With Electric Vehicle Performance Conversions, LLC.
Agreement Will Provide Complete Turnkey 100% Electric Power Conversions for Company's Line of Livery and Fleet Vehicles
SPRINGFIELD, MO--(Marketwire - October 29, 2009) - Electric Car Company, Inc. (OTCBB: ELCR), a
vehicle conversion Company that specializes in electric conversions and
manufacturing for the Livery and Fleet Markets, today announces that it has
signed a Letter Of Intent with Electric Vehicle Performance Conversions,
LLC. (EVPC) of West Palm Beach, Florida. EVPC will provide complete
turnkey, electric power conversions exclusively to Electric Car Company for
the Company's line of Livery and Fleet vehicles to include "Specialty
Buses" for the commuter, transit, and limousine and sightseeing
transportation industries.
Mr. Paul Vaughn Liddle, CEO of EVPC, has 21 years in the high-end
automotive retrofit industry and prides himself on building the finest
custom super-cars and electric exotics at an affordable price. At present,
EVPC offers a line of "EV" exotic sports cars, beginning at a 100% electric
Porsche Boxster all the way up to a full electric Rolls Royce Phantom.
EVPC has the capability and expertise of converting just about any
gasoline-powered vehicle into a fully functional, zero-emissions electric
vehicle. The exclusive relationship being given to Electric Car Company by
EVPC means that the vision of a greener, more environmentally friendly
livery and fleet industry is that much closer to being a reality.
In addition to the extensive engineering knowledge and manufacturing
expertise, EVPC has proven that its vehicles sell, having put more than 50
of their electric exotics in the hands of collectors and aficionados,
worldwide. Along with its World Headquarters in West Palm Beach, EVPC has
established dealerships in Los Angeles, California and Detroit, Michigan.
You may view EVPC's current line of products at the Company's web site:
www.evporsche.com
Mr. Gary Spaniak, CEO of Electric Car Company, Inc., stated, "We're very
excited to be able to partner with Paul and his team." Mr. Spaniak
continues by saying, "We've been speaking with several electric conversion
companies and we believe that EVPC has the solution and price points for
our needs. It's hard not to imagine a future that has the entire fleet
industry going Green."
www.electriccarstocks.com
About Electric Car Company, Inc.
Electric Car Company, Inc. (OTCBB: ELCR) is a vehicle conversion Company
that specializes in electric conversion and manufacturing for the livery
and fleet markets including corporate VIP, Party Buses, Municipal Buses and
Delivery Vehicles. The company brings together businesses specializing in
customizing vehicles & powertrains. This proven business strategy is
building a dominating presence in the aftermarket automotive up-fitter
segment, including, but not limited to "PURE ELECTRIC" cars, liquid propane
conversions, limousines & other livery vehicles, specialty fleet vehicles,
classic automobiles and custom restorations.
The Company fully expects to have the first zero emissions, "PURE ELECTRIC"
livery vehicle ready to unveil by first quarter, 2010. The long-term
strategy is to offer and expand the company's line of products that will
revolutionize the specialty automotive vehicle market.
Electric Car Company's wholly owned subsidiary, Imperial Coach Works, Inc.
and its custom manufacturing division Imperial Coach Builders, Inc., is a
limousine and specialty vehicle manufacturing entity that operates out of a
60,000-sq/ft facility in Springfield, MO., www.limoland.com.
Forward-Looking Statements
Safe Harbor Statement under the Private securities Litigation Reform Act of
1995: The statements contained herein, which are not historical, are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements including, but not limited to, certain delays
beyond the Company's control with respect to market acceptance of new
technologies, products and services, delays in testing and evaluation of
products and services, and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission.