| Release Date/Time | Tue, Aug 31, '10 12:15 PM (EST) |
|---|---|
| Title | Electric Moto Adds Industry Expert to Advisory Board |
| Location | New York, New York |
| Report Type | Personnel Announcement |
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| Contents | Aug 31, 2010 Pink OTC Markets News Service New York, New York— August 31, 2010: Electric Moto Corporation (OTCMarkets/Pink Sheets:EMOT) announced today that it had signed Gary Gustafson, President of G-Force Consulting, Inc. and a twenty-year veteran of the powersports industry, as a member of its Advisory Board. According to Robert Lancellotti, Chairman of the Board of EMOT, "Gary brings a visionary and innovative perspective that is specific to the key elements of Electric Moto's core philosophy and business plan. His experience in electrical engineering, and in devising unique ways of bringing electrical vehicles to a mass market make him an invaluable addition to our corporate team." As President of G-Force Consulting. (www.gforceconsulting.com), which he began in 2005, Mr. Gustafson has led product development and provided his business insight to numerous leading drive train and OEM brands, including Borg-Warner, Stealth 4X4, and Symtec. His team led the initial development for the electric 4X4 sales-leading "Bag Boy BuggyXT." He also was the lead consultant on the recent acquisition of electronics supplier Symtec--maker of "Heat Demons" powersports products. Mr. Gustafson is also a member of the Society of Automotive Engineers, of the Professional Outdoor Writers Association, and has contributed as a powersports journalist and commentator to dozens of trade and consumer-oriented publications. Prior to his establishing his own consulting firm, Mr. Gustafson's career included two of the pre-eminent companies in the powersports field. He was employeed as Group Leader for Electrical Engineering at Arctic Cat, and as Engineering Project Leader at Polaris Industries, Inc. While at Polaris, he earned two United States patents, and was responsible for full electrical system development on the industry-leading Ranger UTV and Sportsman ATV product lines. According to Mr. Lancellotti: "It is this broad expertise in so many of the critical areas of vehicle and business innovation that makes Gary an important addition to our team at Electric Moto Corporation." (Full details of Mr. Gustafson's professional qualifications will be available on the Electric Moto website: www.electricmoto.com) A pending member of the Motorcycle Industry Council, Mr Gustafson offered his reasons for joining the Advisory Board of Electric Moto:" A team is coming together here at EMOT that is going to have an impact on the future of powersports. The opportunity to develop superior products and more profitable business models is why I consult in general, and with Electric Moto in particular. I look forward to a long and mutually beneficial relationship." About EMOT: EMOT is a leading technology and lifestyle company dedicated to the development, production and distribution of zero emission vehicles and related products. The 72 Volt Dual Sport electric motorcycle leads the charge of EMOT's "Green" vehicles including an electric bicycle, ATV and personal watercraft. Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions. Contact: Bob Lancellotti Chairman, Board of Directors Electric Moto Corporation info@electricmoto.com |