Echo Teams With CALSTART to Accelerate Adoption of Hybrid Solutions
Echo Joins Leading Consortium in Mission to Grow Clean Transportation Technologies Industry
(firmenpresse) - SCOTTSDALE, AZ -- (Marketwired) -- 05/22/13 -- (OTCQB: ECAU) ("Echo Automotive", "Echo" or the "Company"), a developer of technologies enabling the cost-effective conversion of existing fleet vehicles into fuel-efficient hybrids and plug-in hybrids, today announced the Company has joined CALSTART, North America's leading advanced transportation technologies consortium, to accelerate awareness and adoption of bolt-on hybrid solutions.
CALSTART is an industry leader in working with fleets to implement clean fuel vehicle solutions, with manufacturers to develop commercialization strategies, and with public and private sources to obtain seed funding to speed the conversion of fleets to alternative fuels. Aligning with this renowned organization supports Echo Automotive's commitment to working with experts in the field to further the cause and adoption of emerging clean technologies.
"Echo is excited to be a part of CALSTART. We recognize and appreciate the outstanding work the organization has done and continues to do to advance innovative transportation technologies," said Jason Plotke, Echo President and Co-founder. "Our award-winning EchoDrive™ platform powers solutions that support CALSTART's mission and offer a bolt-on alternative that allows more operators to take advantage of incentives and more vehicles to get to clean technology faster."
"We are pleased to have Echo Automotive join CALSTART as a member company," said John Boesel, President and CEO of CALSTART. "Fleets in California and beyond will benefit from more cost-effective and fuel-efficient options to address the challenge of rising fuel costs."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information, visit our website at: .
(OTCQB: ECAU)
Echo Automotive, Inc. develops technologies and products designed for cost effective conversion of existing vehicles into fuel-efficient hybrids and plug-in hybrids. The key to Echo's strategy is the bolt-on nature of its solution that introduces little or, in some cases, almost no additional points of failure, making it low risk compared to competing solutions. For more information, please visit .
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new technologies and development stage companies. These forward-looking statements are made as of the date of this news release and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our current report on Form 8-K filed October 15, 2012, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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Datum: 22.05.2013 - 14:17 Uhr
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News-ID 1229969
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