SOURCE: EVCARCO

EVCA, TSLA,  electric car, alturnitive fuel vehicles, green stocks

October 21, 2010 07:00 ET

EVCARCO (OTC: EVCA) Aligns With Top Automotive Commercial Brokerage and Consulting Company, THE Search Firm

EVCARCO Solidifies Buyers Agreement With "THE Search Firm" for Acquisitions of Automobile Dealerships

DALLAS, TX--(Marketwire - October 21, 2010) -  EVCARCO (OTCBB: EVCA) (OTCQB: EVCA) confirmed today that it has solidified its agreement with "THE Search Firm," a leading automotive consulting and dealership brokerage firm in the nation. The agreement will help facilitate future acquisitions for the company and identify manufacturers with growth potential.

Jason Poucher, Founder and President, established THE Search Firm to provide executive level consulting to the automotive industry. The company has since evolved into one of the leading automotive brokerage and consulting firms in the nation.

THE Search Firm has a very robust, customized database that enables their employees and consultants to provide pure, updated and timely information concerning trends in the automotive retailing industry.

"The agreement was initiated by a corporate focus to align ourselves with major manufacturers that produce viable products with significant consumer interest to enhance our product line. The recent addition of Joshua Spivey to the Board of Directors and as Chief Investment Officer will allow the company to engage in acquisitions of profitable dealerships with forward thinking manufacturers and products," stated Scott O'Neal, COO of EVCARCO.

Mr. Joshua Spivey is the founder and general partner of VOM Capital Partners, L.P., a highly successful private investment firm that specializes in the evaluation of and capitalization on financial and economic trends. EVCARCO recently announced Mr. Spivey as the new Chief Investment Officer and member of the Board of Directors. In this role Mr. Spivey will work closely with the founders and executive team of EVCARCO to manage the organization's assets and devise strategies for growth. 

http://www.sec.gov/Archives/edgar/data/1459003/000119983510000682/exhibit_99-1.htm

Richard Manuel, Vice President of THE Search Firm stated, "We are Texas Real Estate Commission approved real estate Brokers and have reciprocity in place for Oklahoma and New Mexico. Our biggest assets for EVCARCO are contacts developed over many years in face to face meetings with Dealers, Platform Presidents, property management VPs for public companies, and General Managers." 

Mr. Manuel added, "We help dealers, dealer groups and public companies realize their goals of expansion and profitability."

About EVCARCO
EVCARCO Inc. (www.evcarco.com) is an automotive retail group dedicated to deploying a network of environmentally friendly dealerships and vehicles.

About THE Search Firm
THE Search Firm (www.automotivebuysell.com) was established to provide executive level consulting to the automotive industry. The company has since evolved into one of the leading automotive consulting firms in the nation by providing expertise in both the recruiting and placement arena as well as the brokerage of automotive dealerships.

THE Search Firm:
Jason Poucher -- Principal Bio
Richard Manuel -- GM/VP/Broker Bio

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
    800-486-3404

    Joshua Spivey
    CIO/Investor Relations
    Email Contact
    800-960-1452