ASHLAND, Ore., July 22, 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, is pleased to announce its entrance into the European marketplace.
The company has recently delivered the first shipment of Blade XT demonstration motorcycles to its authorized European distributors which include: GoBlade (UK) and Freeride (France). Management believes that its historical focus on building consumer awareness in Europe coupled with the recent rise in demand for electric-powered vehicles in the region have created an extremely favorable business environment for the company. Electric Moto Corp. first unveiled aggressive development plans for the 'Blade' at the 2006 International Motorcycle Show in Milan.
The company then began constructing a network of authorized distributors focused on increasing brand recognition for the 'Blade' and responding to all related consumer inquiries. After more than two years of anticipation, Electric Moto Corp. and its authorized distributors expect an overwhelming increase in demand throughout Europe as test models become increasingly available to the public.
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.