Cargotec USA Joins Vision Industries in Port of Los Angeles & Long Beach Zero-Emission Terminal Tractor Demonstration Project

Torrance, California, UNITED STATES


TORRANCE, Calif., Aug. 7, 2012 (GLOBE NEWSWIRE) -- Vision Industries Corp. (OTCBB:VIIC) announces that the Company and Cargotec USA have agreed to cooperate to complete a zero-emission terminal tractor demonstration project for the Technology Advancement Program (TAP). The TAP is a clean-air initiative sponsored by the twin Ports of Los Angeles and Long Beach. The project calls for demonstrating the efficacy of deploying zero-emission hydrogen fuel cell-electric hybrid terminal tractors to move containerized cargo within the Port facilities.

"We are excited to be working with Cargotec USA. They are the market leader in terminal tractors," says Martin Schuermann, CEO of Vision Industries Corp.

In this collaboration effort, Vision Industries will be installing their hybrid drive system on the Kalmar Ottawa model, the global market leader in terminal tractors.

"There is a growing global demand for clean container movement technologies," says David Wood, Director of Terminal Tractors in North America for Cargotec USA Inc.

About Vision Industries

Vision is a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. Vision's proprietary electric/hydrogen 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.

About Cargotec USA

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognized leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totaled EUR 3.1 billion in 2011 and it employs approximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

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