February 25, 2010 04:41 ET

EVCARCO Inc. (OTCBB: EVCA) Introduces Foton Light and Medium-Duty Diesel and CNG Commercial Trucks in Effort to Help Businesses Reduce Greenhouse Gases (GHGs)

DALLAS, TX and WASHINGTON, DC--(Marketwire - February 25, 2010) -  EVCARCO (OTCBB: EVCA) confirms the agreement with VENTA Inc. to distribute Foton's Diesel and Compressed Natural Gas (CNG) Light and Medium-Duty commercial trucks through its network of franchised dealerships in North America. "This will allow the company to offer an environmentally responsible solution not only to the general public, but also to businesses trying to be more environmentally friendly while saving money on their transportation needs. Adding a product suitable for commercial application to the mix allows our company to create other streams of potential revenues and provide a better diversification for our dealers," stated, Dale Long, CEO of EVCARCO Inc.

According to EPA, Transportation is the fastest-growing source of U.S. GHGs, accounting for 47 percent of the net increase in total U.S. emissions since 1990. Transportation is also the largest end-use source of CO2, which is the most prevalent greenhouse gas.

Natural gas vehicles show an average reduction in ozone-forming emissions of 80 percent compared to gasoline vehicles. Delivery trucks that are running on natural gas are also cheaper, cleaner and the fuel is produced domestically.

Dmitri Tisnoi, CEO of VENTA Inc., stated, "CNG may be one of the most potentially viable ways to fuel millions of cars and trucks on a clean-burning, domestically available, and readily usable fuel that's well-suited for consumers, private and government fleets, and large commercial operations nationwide." Mr. Tisnoi, continued by stating, "As part of a broader national effort to provide more environmentally friendly transportation solutions for America, the plan would seem to dovetail nicely with what has been proposed by T. Boone Pickens. In addition to advocating for more wind energy to power our light cars and trucks, Pickens supports converting the nation's truck-fueling infrastructure to natural gas."


VENTA Inc. ( is dedicated to finding, developing, and distributing environmentally friendly products and technologies in the automotive arena from all over the world to a network of car dealerships and other automotive end users.


EVCARCO ( is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.

Forward-Looking Statement

This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

Contact Information

  • Media Contact:
    Richard Griffiths
    Press and media
    Email Contact

    Investor Relations Contact:
    Peter Hirsch
    General Counsel/Investor Relations
    Email Contact