SANTA ROSA, Calif.–(BUSINESS WIRE)– ZAP Jonway (OTCBB:ZAAP.OB - News), a designer and manufacturer of gasoline and new energy electric vehicles (EVs), after extensive strategic planning and integration development, announced its joint product roadmap for 2012. The roadmap is focused on delivering affordable and technologically competitive new gasoline and EV models that address the growing market demand.

Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “The new ZAP Jonway models planned for delivery in 2012 maximize the strengths of both subsidiaries, ZAP and Jonway Auto. The new models utilize the experience base and the combined resources from both subsidiaries to accelerate the new EV models’ time to market, while maintaining the originally planned introduction of Jonway’s new gasoline models to the market in 2012. The new JNZ product line is designed to address EV platform requirements while remaining adaptable to either gasoline or an electric power train.”

Alex Wang, CEO of ZAP Jonway stated: “We are introducing a line-up of EV automobiles that will showcase our product quality and technology, and reposition the new ZAP Jonway brand. We are pleased to be able to expand the capabilities of Jonway Auto’s ISO:9000 certified factory to now include the new EV production line. We have engineered the integration of Mitsubishi drive trains in our gasoline vehicles to include industry-leading five-year warranties in China. We have jointly integrated and developed technologies to support industry leading Remy Motors’ industry-leading EV power train in our core EV platform for our top of the line EV models. Working together as one team to deliver these new models demonstrates our joint commitment to become a competitive supplier in the New Energy Vehicle market in China and the rest of the world.”

ZAP Jonway’s new JNZ product line-up builds the company’s portfolio of quality, affordable vehicles, merging its EV and gasoline platforms to utilize common parts, manufacturing facilities, channel markets and expertise. The EV models all use the same power train design, adjusting only on the amount of lithium battery packs provisioned depending on the model and targeted applications. To adapt to fleet market requirements, where price and performance dictate product capabilities, the EV models come in two ranges: a version with a 250km range (150 miles); and a version with a 160km range (100 miles). The motor power also comes in two ranges: the first has 175 kilowatt peak power; with a max speed of over 120 mph, and the second has 80 kilowatt peak power; with a max speed of 80 mph. Since lithium batteries dominate the cost and weight of the EVs, the two models are designed to adapt to the fleet application needs.

JNZ Product Roadmap

First Quarter 2012

• JNZ A380 G-5 (Five-door, new look 2012 gasoline model SUV): The new A380 gasoline five-door SUV will feature a new stylized and streamlined look. Today, this same model is the main platform currently selling in China, offering quality and affordability with a Mitsubishi drive train and Borsch Engine Control Unit (ECU). ZAP Jonway is currently completing the required in-country homologation certificates to launch the gasoline A380 SUV into the international markets, which include countries in Latin America, South East Asia, Africa and the Middle East. The A380 3-door SUV, popular among young urban professionals, is also among the first Chinese SUVs to meet international standards for quality and approved for importation into the European Union via an Italian distributor.
• JNZ A380 EV-5 (Five-door full electric vehicle model SUV): The company is currently completing type approval for the A380 EV-5 and anticipates it will be ready for production delivery during the first half of 2012, available for export at the end of the first quarter of 2012, and available for sales in China during the second quarter of 2012.

Second Quarter 2012

• JNZ A 380 G-3 (Three-door 2012 model SUV): The three-door A380 has a new “sporty” look and new molds. Its smaller chassis and lighter weight targets young professionals and is an ideal model to leverage for the EV platform. The three-door A380 model underwent EU type approval through Jonway’s Italian partner last year, and was one of the first Chinese SUVs to meet international gasoline type approvals. This will be further enhanced to meet the new EU 5 standards.
• JNZ A380 EV-3 (Three-door full electric vehicle model SUV): The EV version of the three-door A380 SUV is expected to be available for export at the end of the first quarter of 2012 and available for sale in China during the second quarter of 2012.

Third and Fourth Quarter 2012

• JNZ SHUTTLE-EV and JNZ SHUTTLE-G (Electric and gas passenger/cargo van models): The JNZ SHUTTLE is ideal for EV market and is being planned for export markets globally, and is particularly suitable in first world countries, conscientious of going “green” by reducing city pollution, which is particularly relevant to fixed route deliveries and small passenger payload transportation. The competitively priced gasoline version is targeted for developing countries where smaller shuttle vans with carrying capacity are ideally suited to maneuver through narrow city streets. ZAP Jonway has assigned a separate marketing team to address business-to-business sales and business-to-government opportunities.
• JNZ A280-EV and A280-G (Electric and gasoline compact SUV models): The JNZ A280 compact mini SUV, currently under development, is a lighter, more versatile platform the company expects will accelerate EV adoption in urban centers around the world, including the US market. The A280 is expected for production by the end of 2012/the beginning of the first quarter of 2013.
• JNZ ALIAS: The ALIAS, planned for delivery at the end of 2012, is a three-wheel sports vehicle designed to be highway ready with the necessary crash-tested safety requirements. The ALIAS was designed by ZAP for the consumer EV market. This three-wheel design enables the ALIAS to be homologated as a motorcycle while addressing the need for crash test safety, including normal vehicle regulation air bags. ALIAS leverages the existing infrastructure of Jonway motorcycles and its dealer network, and will use a similar EV drive train to the A380 but engineered for response and acceleration. Although not part of the fleet market product line of ZAP Jonway, it is intended to be produced in limited quantities to showcase the company’s engineering and technology capabilities.

About ZAP Jonway

ZAP Jonway combines the attributes of both companies, ZAP and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile’s established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing EV fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People’s Republic of China. Additional information about ZAP Jonway is available at http://www.zapworld.com.

Forward-Looking Statements

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP’s periodic reports filed with the Securities and Exchange Commission.

Operations

As the Company continues to search for reliable car manufacturers that produce environmentally friendly vehicles, it continues to operate at its current location in Ft.Worth, Texas, and to generate revenues in the pre-owned market. Operations have generated gross revenues of $887,775 for 2009, $804,772 for 2010, $118,401 for the first quarter of 2011, and $230,695 for second quarter of 2011. The quarterly report for third quarter of 2011 is scheduled to be released next week.

Acquisitions Efforts

The Company over the previous several months has made offers to several dealership owners, to acquire their existing new car operations in the Dallas-Ft.Worth Metroplex, but was unsuccessful in reaching an agreement. EVCARCO will continue with its current operations and in reviewing other strategic acquisition opportunities.

Corporate Structure

After careful consideration, the Board of Directors of EVCARCO has decided that in the best interest of the Company and its shareholders, it is necessary to increase authorized capital in order to facilitate possible acquisitions, raise additional capital, and to refocus the Company for a new phase of growth and increase in shareholder value. On November 9, 2011, EVCA filed a Schedule 14C Information with the SEC, to notify the shareholders about the amendment to its Articles of Incorporation to increase the number of shares of Common Stock as well as Class B Convertible Preferred Stock. The amendment is set to be effective on November 30, 2011.

Mack Sanders, CEO of EVCARCO, stated, “In a tough automotive climate, EVCARCO continues to focus on growth and exploring opportunities. We believe that our motto, Future Driven®, has never been stronger and as a veteran of the automotive industry for more than 25 years, I can certainly tell you that the EVCARCO team will continue to adapt, expand, and adjust to all aspects of these changing times.”

For more information on EVCARCO, Inc., please view: www.evcarco.com. Shareholder inquiries should be directed to (972) 571-1624.

EVCARCO Inc. is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufactures. EVCARCO – Future Driven ®

This Press Release contains certain forward-looking statements that involve substantial risks and uncertainties, including, but not limited to, the results of ongoing clinical studies, economic conditions, product and technology development, production efficiencies, product demand, competitive products, competitive environment, successful testing and government regulatory issues. Additional risks are identified in the company’s filings made with the Securities and Exchange Commission.

Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “As we began laying the foundation for growth, the past several months have been transformative for ZAP Jonway. ZAP’s acquisition of 51% of Jonway Auto in January of 2011 was the first step in our initiative to establish a combined company that features strong manufacturing capabilities, an established distribution platform and a 17-year history of EV innovation. More recently, we appointed Mr. Zhang Da Qi as General Manager at Jonway Auto who will provide key leadership in our sales expansion initiatives. Our new product roadmap reflects our adherence to market relevance by focusing on delivering a high-quality yet affordable new energy electric vehicle product line targeting the fleet market, applying the same principles that Jonway has with its gasoline vehicles.”

“As we expand our product line in 2012 to launch our EV models, we plan to develop new channels that address sales opportunities with institutions, governments and corporations while utilizing the established network of nationwide dealerships we already have in place for selling direct to consumers. Mr. Zhang Da Qi, with his extensive experience in the Chinese auto industry, will offer new product packages that are attractive to large volume buyers,” concluded Dr. Lu.

Recent Company Highlights

• Introduced first joint product roadmap for 2011/2012 featuring new traditional gasoline and new energy electric vehicle models.
• Extended warranty period demonstrates ZAP Jonway’s commitment to quality with its core engine technologies using the Mitsubishi gasoline drive train, thus leading the Chinese auto industry with an unprecedented five-year warranty for its automobiles manufactured in China.
• Expanded and relocated sales and customer support center to Hangzhou, a vibrant technology center in the Zhejiang Province of China, to be in close proximity to its new energy vehicle R&D center and to increase access to talent for expansion plans.
• Appointed Mr. Zhang Da Qi as General Manager of Jonway Auto to lead sales and operations initiatives, leveraging his 20 years of experience working with leading Chinese auto companies.

Benjamin Zhu, ZAP Jonway’s Chief Financial Officer, stated: “Our consolidated financial results for the three- and nine-months ended September 30, 2011 reflect the financial consolidation of ZAP and Jonway Automobile as a result of the majority acquisition completed in January of this year. ZAP’s financial results for the 2010 periods reflect only ZAP’s results on a standalone basis. The 2011 financial results are also demonstrative of the transition we have undertaken wherein we recorded several administration costs related to the acquisition. We are at the tail end of this process and can now begin to leverage and maximize the synergies between the two companies.”

Please note as the company acquired 51% of Jonway operations in January 2011. As such, when comparing year-to year the results of the consolidated financials this year of the combined companies, they increased compared to ZAP’s standalone financials from 2010.

Consolidated Financials for the Three Months Ended September 30: 2011 Compared to 2010

• Net sales were $14.1 million including $13.7 million contributed by Jonway, compared to $985,000.
• Gross profit was $2.1 million, including $2.0 million contributed by Jonway, or 15.2% of sales, compared to gross profit of $148,000, or 15.0% of sales.
• Operating expenses were $7.3 million including both $3.9 million related to Jonway and non-cash charges of $1.2 million related to quarterly amortization of distribution agreements for Jonway products and Better World’s charging stations and quarterly fees related to a management agreement between ZAP and Cathaya Capital. This compares to operating expenses of $1.9 million. The increase from Jonway was due primarily to increases in sales and marketing, general and administrative, and research and development related to the addition of Jonway and the integration of EV technology.
• Net loss was $8.9 million, or $0.04 per diluted share, compared to net loss of $2.3 million, or $0.02 per diluted share, including total comprehensive loss of $1.1 million contributed by Jonway.
• At September 30, 2011, cash and cash equivalents was $1.5 million.

Consolidated Financials for the Nine Months Ended September 30: 2011 Compared to 2010

• Net sales were $42.1 million including $40.0 million contributed by Jonway, compared to $2.7 million.
• Gross profit was $4.8 million including $4.3 million contributed by Jonway, or 11.3% of sales, compared to gross profit of $364,000, or 14.0% of sales.
• Operating expenses were $24.9 million, including $11.2 million related to Jonway and non-cash charges of $3.5 million related to amortization of distribution agreement for Jonway products and Better World’s charging stations and fees under a management agreement between ZAP and Cathaya Capital. This compares to operating expenses of $7.2 million. The increase from Jonway was due primarily to increases in sales and marketing, general and administrative, and research and development related to the addition of Jonway and the integration of EV technology.
• Net loss was $29.5 million, or $0.14 per diluted share, compared to net loss of $7.6 million, or $0.07 per diluted share, including total comprehensive loss of $3.1 million contributed by Jonway

Conference Call Information

ZAP Jonway’s management team will hold a conference call today, Tuesday, November 15, 2011 at 1:30 p.m. PT / 4:30 p.m. ET (5:30 a.m. on Wednesday, November 16, 2011 in China) to discuss its third quarter 2011 earnings results, review the quarterly activity and answer questions. Investors in the United States may participate in the call by dialing (877) 280-7473, and international participants may dial (1-707) 287-9370. The conference ID is 25418272 and participants are encouraged to dial 10 minutes prior to the call to prevent a delay in joining. A live webcast of the conference call is scheduled to be available on ZAP Jonway’s corporate site athttp://www.zapworld.com/Investors. For those who cannot listen to the live broadcast, a webcast replay of the call is scheduled to be available on the company’s corporate site for 90 days. A telephone replay of the call is also scheduled to be available through November 17, 2011. To listen to the telephone replay dial (855) 859-2056 or dial (1-404) 537-3406 outside the United States, and enter pass code 25418272.

About ZAP Jonway

ZAP Jonway combines the attributes of both companies, ZAP and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile’s established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing EV fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People’s Republic of China. Additional information about ZAP Jonway is available at http://www.zapworld.com.

Forward-Looking Statements

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP’s periodic reports filed with the Securities and Exchange Commission.

MOORESVILLE, NC, Feb 28, 2011 (MARKETWIRE via COMTEX) — With gas prices climbing, media and public attention for Li-ion Motors’ (OTCBB: LMCO) (FRANKFURT: LL9L) lithium-ion battery powered electric cars continues to flourish.

“There is pain at the pump and you are probably feeling it,” is how CBS-affiliate WBTV led their story on a press event heralding the installation of a cutting edge dual-port charging station at the Ritz-Carlton in Charlotte for the luxury hotel’s guests driving electric vehicles (EV) and plug-in hybrids.

“The electric car is supposed to get us out of this mess but so far only a few people have them. Today a factory in Mooresville is announcing they are ready to change the game completely,” said anchor Jamie Boll.

That reference was to Li-ion Motors which, with its research and development headquarters just 30 miles north of Charlotte, brought its original design Inizio and Wave II cars along with one of company’s popular conversion vehicles, an all-electric Mini Cooper convertible, to support the Ritz-Carlton event.

The word of the day was “Wow!” Already a hit at the major auto shows in Los Angeles, Las Vegas, Detroit and Washington, the Inizio proved just as exciting to media in the company’s hometown who got to see it for the first time.

As many took their first ride ever in a 100% electric vehicle, it was both a surprise and thrill that a flashy red supercar with the European styling of the Inizio was designed and built in North Carolina.

The editor of the Charlotte Observer’s tony Lake Norman and Southpark magazines, Leigh Dyer, wrote, “Turns out, they’re fast and eerily silent, with just a slight electric whine as they build up speed. At stoplights, there’s no idling whatsoever. Only the lights in the dashboard show it’s on. And the car I learned this in on Wednesday was developed and manufactured in our own backyard, at Mooresville-based Li-ion Motors.”

Just a block from Charlotte’s main square, the cars were traffic stoppers. Commenting on the reaction of guests, passersby and other media, Jennifer Moxley of Time Warner Cable’s News 14, said, “These people really like how this new electric car, built in Mooresville, looks.”

Li-ion Motors is a leader in the application of lithium-ion battery technology to transportation. The company has been converting gasoline powered vehicles — cars, trucks, ATV’s, motorbikes — to 100% electric for eight years for individual consumers as well as business and government agency clients. That variety spurred favorable comments about the range of electric cars becoming available to the public.

“Li-ion Motors makes the world’s fastest (electric) car called the Inizio but it also has plenty of affordable options too,” said WBTV business reporter Melissa Hankins, referring to Li-ion’s Progressive Insurance Automotive X Prize winning Wave II, which exemplifies functional practicality with its 28 cubic feet of storage space and more than 187 MGPe (miles per gallon equivalent) and conversions such as the Mini Cooper convertible.

Also on hand for the event were special guests including NBA star Boris Diaw of the Charlotte Bobcats, who at 6′9″ marveled at the Inizio’s substantial leg room as well as its tremendous torque off the line, and former Carolina Panther quarterback, current CBS football analyst Steve Beuerlein, who took note of the Ritz-Carlton’s forward thinking as well as the selection of Li-ion Motors vehicles that will take advantage of it.

“What if you could ditch the pump? What if you could plug in to something better?” asked Hankins. With the Inizio, Wave II and its conversion cars and trucks, Li-ion Motors shows that you can.

About Li-ion Motors Corp.: (OTCBB: LMCO) (FRANKFURT: LL9L), headquartered in Mooresville, NC with corporate offices in Las Vegas, NV, is a leading developer and manufacturer of electric powered automobiles including the WAVE II and the Inizio.

Previously known as Hybrid Technologies, the company has more than ten years’ experience and expertise in the conversion of internal combustion cars to all electric for both individual and corporate customers as well as government agencies such as NASA.

The company won the Progressive Automotive X Prize in 2010 for its WAVE II, which came with a $2.5 million (USD) award. During the X Prize competition, the WAVE II whose electric motor is powered by lithium-ion batteries governed by a proprietary battery management system (BMS) was certified by the Argonne National Laboratory at 202.5 MPGe (miles per gallon equivalent).

The Inizio is the world’s first 100% electric supercar, capable of 170 mph and acceleration from 0-60 mph in up to 3.4 seconds. Both vehicles are moving into production for consumer sales in 2011.

Along with the production of original vehicles, the company licenses its proprietary BMS and technology to automobile manufacturers seeking to advance their electric vehicle offerings.

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:

Website: http://www.li-ionmotors.com

Licensing/Sales/Reservations:
            1-877-274-6236      
or             1-704-601-9928      
sales@li-ionmotors.com

Investor Relations:
            1-888-669-1808      
or             1-305-395-6086      
ir@li-ionmotors.com

Media Contact:
            1-704-210-8804      
pr@li-ionmotors.com

MOORESVILLE, NC, Feb 14, 2011 (MARKETWIRE via COMTEX) — With the great acclaim being generated by its original design cars, Li-ion Motors (OTCBB: LMCO) (FRANKFURT: LL9L) wants to reassure existing and future customers that the company will continue its successful and popular conversion business.

Li-ion Motors has been converting gasoline powered vehicles — cars, trucks, ATV’s, motorbikes — to 100% electric for eight years.

“I can’t say enough about this vehicle,” says a conversion owner from Pensacola, Florida. “So far it has really exceeded my expectations. The best thing though, is knowing that I am free of the gas pump and by being free of that pump, I have achieved a small victory in a transportation system that really needs change.”

“With all of the positive publicity about our victory in the Progressive Insurance Automotive X Prize with the WAVE II (http://www.li-ionmotors.com/wave), and excitement generated by the Inizio (http://www.li-ionmotors.com/inizio/) supercar and the Wave in the Los Angeles, SEMA, Detroit and Washington auto shows, it came to our attention that people were concerned about Li-ion moving to only our original designs,” says Li-ion Motors CEO Stacey Fling.

“In fact, our conversion business will only grow as we field more requests from and aggressively pursue more opportunities to deliver leading edge electric transportation to individual consumers as well as business and government agency clients.”

“Many people are ordering Leafs in our electric vehicle association. It is some consolation that I will still have more range than them!” says an owner from Portland, Oregon.

Fling says the lessons learned in the company’s prestigious X Prize victory, where the Wave II achieved an incredible 202.5 MPGe (miles per gallon equivalent) on the dynamometer at the U.S. Department of Energy’s Argonne National Laboratory and averaged 187 MPGe in on-track testing during the competition will only improve the performance of conversion vehicles.

“In building two very unique vehicles, a dependable commuter car with plenty of storage capacity and a high-end, high-performance supercar, from the ground up, we’ve learned quite a lot that will make all of our production better.”

“I continue to be impressed and pleased with my Li-ion vehicle… I can run on electricity and never need to stop for gas or oil change and don’t need to worry about all those functions of an IC engine: coolant, belts, fluids, etc.” A Doctor in Colorado

While the company only does conversions on new vehicles, that doesn’t mean there haven’t been requests to electrify older cars. “It happens all the time,” says Tom Zgoda, general manager of Li-ion’s R&D facility. “One was for an ‘85 Firebird, several others for Jeeps. We’ve gotten a request to convert an “84 Toyota Tercel and even a classic Mustang.”

Popular conversions the company has done have included Chevrolet’s PT Cruiser, the Mini Cooper, the Pontiac Vibe and more currently the Toyota Yaris and Matrix. “Some vehicles make better electrics than others,” says Zgoda.

The president wants a million electric vehicles on American roads by 2015 and Li-ion Motors is ready to do its part.

About Li-ion Motors Corp.: (OTCBB: LMCO) (FRANKFURT: LL9L), headquartered in Mooresville, NC with corporate offices in Las Vegas, NV, is a leading developer and manufacturer of electric powered automobiles including the WAVE II and the Inizio.

Previously known as Hybrid Technologies, the company has more than ten years’ experience and expertise in the conversion of internal combustion cars to all electric for both individual and corporate customers as well as government agencies such as NASA.

The company won the Progressive Automotive X Prize in 2010 for its WAVE II, which came with a $2.5 million (USD) award. During the X Prize competition, the WAVE II whose electric motor is powered by lithium-ion batteries governed by a proprietary battery management system (BMS) was certified by the Argonne National Laboratory at 202.5 MPGe (miles per gallon equivalent).

The Inizio is the world’s first 100% electric supercar, capable of 170 mph* and acceleration from 0-60 mph in up to 3.4 seconds* (*RTX model). Both vehicles are moving into production for consumer sales in 2011.

Along with the production of original vehicles, the company licenses its proprietary BMS and technology to automobile manufacturers seeking to advance their electric vehicle offerings.

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:

Website: http://www.li-ionmotors.com

Licensing/Sales/Reservations:
            1-877-274-6236       or             1-704-601-9928      
sales@li-ionmotors.com

Investor Relations:
            1-888-669-1808       or