SCOTTSDALE, AZ--(Marketwire - March 14, 2011) - Ecologic Transportation, Inc. (
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Mr. William N. Plamondon, CEO of EGCT, has the company focused on introducing environmentally friendly vehicles to a growing demographic of car rental customers who value the cost efficiencies and environmental benefits of green-powered transportation. The company's fleet consists of only environmentally friendly vehicles, positioning them as the only pure environmental car rental brand within the $42 billion automobile rental industry.
Although Ecologic's main driver of revenues will be the car rental business, the company also provides Ecologic Shine™, a proprietary waterless car cleaning process that has no adverse environmental impact. Currently, the company operates five locations where they are saving 750,000 gallons of water a year.
Mr. Plamondon stated, "EGCT has a unique and solid business foundation, and appreciates the opportunity to sponsor the QualityStocks Newsletter, Videos and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets."
About Ecologic Transportation, Inc. (EGCT)
Headquartered in Santa Monica, CA, Ecologic Transportation, Inc. is a holding company with wholly owned subsidiaries all dedicated to environmentally friendly transportation products and services. The company encompasses three separate but integrated operations that address the environment and transportation holistically: Ecologic Car Rentals, Ecologic Systems and Ecologic Products. This innovative company has an unbiased approach to green cars and clean fuels by providing a platform for all emerging environmental transportation technologies.
For more information on Ecologic Transportation, Inc., visit: http://www.EGCT.qualitystocks.net
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Forward-Looking Statements:
This release contains 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact Information:
Contact:
Astra Thomas
QualityStocks
Scottsdale, AZ
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editor@QualityStocks.net