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Electric Car Company, Inc. Signs Letter of Intent With Electric Vehicle Performance Conversions, LLC.
Agreement Will Provide Complete Turnkey 100% Electric Power Conversions for Company's Line of Livery and Fleet Vehicles
SPRINGFIELD, MO--(Marketwire - 10/29/09) - Electric Car Company, Inc. (OTC.BB:ELCR - News), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, today announces that it has signed a Letter Of Intent with Electric Vehicle Performance Conversions, LLC. (EVPC) of West Palm Beach, Florida. EVPC will provide complete turnkey, electric power conversions exclusively to Electric Car Company for the Company's line of Livery and Fleet vehicles to include "Specialty Buses" for the commuter, transit, and limousine and sightseeing transportation industries.
Mr. Paul Vaughn Liddle, CEO of EVPC, has 21 years in the high-end automotive retrofit industry and prides himself on building the finest custom super-cars and electric exotics at an affordable price. At present, EVPC offers a line of "EV" exotic sports cars, beginning at a 100% electric Porsche Boxster all the way up to a full electric Rolls Royce Phantom.
EVPC has the capability and expertise of converting just about any gasoline-powered vehicle into a fully functional, zero-emissions electric vehicle. The exclusive relationship being given to Electric Car Company by EVPC means that the vision of a greener, more environmentally friendly livery and fleet industry is that much closer to being a reality.
In addition to the extensive engineering knowledge and manufacturing expertise, EVPC has proven that its vehicles sell, having put more than 50 of their electric exotics in the hands of collectors and aficionados, worldwide. Along with its World Headquarters in West Palm Beach, EVPC has established dealerships in Los Angeles, California and Detroit, Michigan. You may view EVPC's current line of products at the Company's web site: www.evporsche.com
Mr. Gary Spaniak, CEO of Electric Car Company, Inc., stated, "We're very excited to be able to partner with Paul and his team." Mr. Spaniak continues by saying, "We've been speaking with several electric conversion companies and we believe that EVPC has the solution and price points for our needs. It's hard not to imagine a future that has the entire fleet industry going Green."
www.electriccarstocks.com
About Electric Car Company, Inc.
Electric Car Company, Inc. (OTC.BB:ELCR - News) is a vehicle conversion Company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles & powertrains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to "PURE ELECTRIC" cars, liquid propane conversions, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.
The Company fully expects to have the first zero emissions, "PURE ELECTRIC" livery vehicle ready to unveil by first quarter, 2010. The long-term strategy is to offer and expand the company's line of products that will revolutionize the specialty automotive vehicle market.
Electric Car Company's wholly owned subsidiary, Imperial Coach Works, Inc. and its custom manufacturing division Imperial Coach Builders, Inc., is a limousine and specialty vehicle manufacturing entity that operates out of a 60,000-sq/ft facility in Springfield, MO., http://www.limoland.com.
Forward-Looking Statements
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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