ASHLAND, Ore., Aug. 12, 2008 (PRIME NEWSWIRE) -- Electric Moto Corp., Inc. (Pink Sheets:EMOT), a U.S.-based designer, manufacturer and retailer of highly efficient electric battery-powered motorcycles, scooters and ATVs, today announced the appointment of Abbie Zands as Chief Operations Officer, effective immediately.
Mr. Zands is an early-stage Electric Moto investor and has been increasingly involved with the strategic decision making process at the company over the past 12-24 months. He brings with him a vast pool of knowledge and experience in electrical vehicle development, brick & mortar and online sales and distribution channel marketing.
After a lengthy search for a qualified COO, Mr. Zands was chosen for a number of reasons including his aggressive and well-educated business persona, his in-depth understanding of the company's business model and personal track record of past successful business ventures.
Commenting on today's announcement, newly appointed Electric Moto Corp. COO Abbie Zands stated, "It is the dream of every investor to some day take the reigns at his or her favorite publicly traded company. Over the past few years, I have invested a significant amount of both my own personal capital and spare time in Emoto and have always been a firm believer in the company's future potential. In addition, I am very pleased to say that my skill set has matched up perfectly with what the company aspired to attain with the hiring of its next COO."
Mr. Zands concluded, "This is a very exciting time for Electric Moto as our initial Blade XT demo bikes begin shipping to both the North American and European markets while development efforts for future products ramp up significantly. By taking over the day to day activities of COO, our newly appointed CTC, Ely Schless, can now place sole focus on his world-renowned capabilities surrounding the development of innovative, electric vehicle technology. With a larger and more focused executive team now at the helm, I believe that Electric Moto Corporation is now far better positioned for expansion than it was just a few months ago. In closing, I am ecstatic to accept the position of COO and look forward to updating the public on our progress as developments unfold over the coming weeks."
For additional information on Electric Moto please visit: www.electricmoto.com or www.outcasttrader.com.
About Electric Moto Corp., Inc:
Electric Moto Corp. is an Ashland, Oregon-based company that specializes in the design, manufacture, marketing and sales of vehicle chassis and components and eco-friendly, zero emissions, electric battery-powered vehicles for recreational, law enforcement, governmental and military applications. The engineering and management team behind Electric Moto and its rapidly expanding line of lithium-ion powered vehicles have decades of experience developing and implementing cutting edge technologies for powering the company's expanding line of practical, clean and economic vehicles of the future. The company, which currently has distributors in the United States and Europe, has plans to continue adding distributors wherever Earth-friendly, green vehicles will be in demand. Electric Moto is currently poised to begin production of its Blade XT off-road motorcycles and is in preparation to launch its own lines of ATVs and scooters. For more information on Electric Moto please visit: http://www.outcasttrader.com.
In addition to the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties. Actual results may differ substantially from those referred to herein due to a number of factors. Forward looking statements may include, but are not limited to statements regarding EMOT's growth and profitability, growth strategy, access to technology, liquidity and access to public markets, product flow from suppliers, and trends in the industry in which EMOT operates, which could have a material effect on EMOT's current business model. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in EMOT's filings with the SEC. EMOT assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.