SOURCE: Leo Motors, Inc.

August 05, 2011 03:15 ET

Mr. Kwang Suk Lee Appointed New Vice Chairman of Leo Motors

Former Entrepreneur Joins Leo

LAS VEGAS, NV--(Marketwire - Aug 5, 2011) - Leo Motors, Inc. (PINKSHEETS: LEOM) appointed Mr. Kwang Suk Lee as a new Vice Chairman of its Korea branch. Mr. Lee has careers both in the government and entrepreneurial sectors. Before joining Leo, he has run Tianjin Sambu Center Co., Ltd. as a chairman which made Samsung Mobile Phones in China. Mr. Lee has a Master's degree from the Graduate School of Yonsei University majoring in Economics.

According to Mr. John Lee, CEO of Leo Motors, "The joining of Mr. K. S. Lee in our company has significant meaning because he has vast experience in manufacturing our products and in operating Leo. I expect that he will make great contributions in financing for our business as well."

About Leo Motors

LEO MOTORS is a US public company based outside of Seoul, Korea, engaged in the development, manufacturing and sale of Electric Vehicle (EV) power trains and components. Leo has developed many original EV power trains and has converted many models of existing internal combustion engine (ICE) vehicles into EVs, including scooters, motorcycles, highway speed sedans, buses and trucks. Leo Motors has also developed Zinc Air Fuel Cell Generator (ZAFCG) which will free EVs from range limitation with zero emissions.

Forward-Looking Statement

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's reports and registration statements filed with the Securities and Exchange Commission.

Contact Information

  • Mike King
    Princeton Research, Inc.
    (702) 650-3000