Li-ion Motors Inc. (OTCBB: LMCO) Congratulates GM for Being the SECOND Company to Break the Triple Mileage Barrier
MOORESVILLE, NC -- (Marketwire) -- 08/12/09 -- Li-ion Motors Inc. (OTCBB: LMCO), www.evinnovations.com, a 21st Century Design & Engineering of emission-free automotive propulsion systems using the latest lithium battery technology, congratulates GM on being the SECOND company to break the Triple Mileage Barrier. According to Ron Cerven, Chief Engineer, "It is great to see a big player like GM following in our footsteps and breaking the Triple Mileage Barrier."
Li-ion Motors became the first company to get over 100 MPG when on June 17th 2009, the 2010 LiV Wise achieved 211 miles, actually driven on one single charge. LMCO's Director of Government Sales, Holly J. Armstrong, said that she is "certain that having a production Plug In LM that gets over 200 actual driving miles on a single charge, has to be the reason why Li-ion Motors is the current sole bidder on the upcoming 2010-2015 Government contracts for electric vehicles."
Li-ion Motors to lead the industry in both technology and business modeling. In some instances, the LiV Wise is the only NHTSA compliant, highway capable sedan available for purchase or lease on Federal, State and Local levels. LMCO is organizing up for maximum production, as it estimates over 10,000 LiV Wise models will be purchased or leased by the various government agencies.
FORWARD-LOOKING STATEMENT:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.
CONTACT INFORMATION:
Investor Relations:
1-888-669-1808
info@evinnovations.com
Media Contact:
1-877-274-6236
pr@evinnovations.com
Sales/Reservations:
1-877-274-6236
sales@evinnovations.com
Website: http://www.evinnovations.com
Source: Marketwire (August 12, 2009 - 7:30 AM EDT)
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