Vision Industries is Notified of DOE Award to Demonstrate a Fuel Cell Electric Refuse Truck


Long Beach, CA, May 1, 2014 (GLOBE NEWSWIRE) -- / (http://www.myprgenie.com) -- Vision Industries' (OTCBB: VIIC) proposal to build a fuel cell electric refuse truck has won Phase 1, approval by the U.S. Department of Energy's SBIR/STTR Program (DOE FOA 0001406). The U.S. Department of Energy's Office of Energy and Renewable Energy designed this program to encourage private sector participation in developing and demonstrating a proof of concept heavy-duty fuel cell-electric truck for the waste hauling application.

"I applaud the DOE for supporting us in building a zero emission and low noise refuse truck. I believe that this truck has the potential to become a breakthrough product in the garbage industry," said Vision Industries CEO, Martin Schuermann.

Under the proposal, Vision Industries will be collaborating with the City of Santa Monica's (California) Public Works Division, where the Fuel Cell Electric Refuse Truck will be placed in demonstration service. The project aims to measure and demonstrate operational cost-effectiveness, emission reduction and commercial viability of a heavy-duty fuel cell electric vehicle in the refuse service.

In Phase 1 of the grant, the Company will provide a feasibility study and economic assessment of the prototype vehicle. Phase 2, is the actual assembly and testing of the vehicle.

List of Awardees http://science.energy.gov/sbir/awards/

About Vision Industries
Vision is a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. Vision's proprietary hydrogen/electric hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. For more information on Vision Industries Corp., please visit www.visionindustriescorp.com

Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.

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