Nemo Motors Announces Pilot Project for Low Speed Electric Vehicles Targeting Massive American Market
23 Dicembre 2009 - 3:00PM
Marketwired
Nemo Motors Corporation (PINKSHEETS: NMOC) announced its successful
launch of its pilot project to introduce Low Speed Electric
Vehicles (LSV) in partnership with the Province of Quebec, Canada.
The new pilot project to introduce Low Speed Vehicles was
launched in February 2009 with the goal of nurturing and developing
new out of the box technology in the Canadian and particularly
Quebec environment proving ground. The Province of Quebec offers
huge advantages when test marketing new products with its
well-educated and diverse population, well known as early adaptors
of new ideas and technology.
"The Nemo Motors electric truck is a great small-scale utility
vehicle with multiple configurations and a wide range of
applications that stretch across many modern municipal needs... and
best of all it has a very green footprint with low operating
costs," said Ian Morrice, President of Nemo Motors Corporation. "We
look forward to telling our fascinating story, a story that has a
true entrepreneurial spirit with practical day-to-day urban
applications. We plan to target the massive American market as we
continue to add new models and applications to our vehicles,"
further added Mr. Morrice.
About Nemo Motors Corporation:
Nemo Motors Corporation is a distributor of a fully recyclable
electric utility vehicle named Nemo. After 5 years of research and
development, testing and certifications, Nemo Motors has started to
deliver to its first clients this year. Nemo is an Official
Supplier to Transport Canada which has formally approved our Trucks
and Accessories. As of December 19, 2007, the Province of Quebec
has authorized Nemo to sell & license the trucks under House of
Commons vote approval (pilot project), and in addition to British
Columbia, Nemo is an Official Supplier to Ontario & Alberta and
is approved in 48 States in the USA. www.nemomotors.com.
Important Information
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statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they
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part, on assumptions made by management. These statements are not
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outcomes and results may, and probably will, differ materially from
what is expressed or forecasted in such forward-looking statements
due to numerous factors, including those described above. In
addition, such statements could be affected by risks and
uncertainties related to the exploration for and development of
mineralized material, product demand, market and customer
acceptance, competition, pricing and development difficulties, as
well as general industry and market conditions and growth rates and
general economic conditions. Any forward-looking statements speak
only as of the date on which they are made, and the company does
not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
release. Information on the Company's website does not constitute a
part of this release.
Contact: Ian Morrice President 1-650-632-4392
imorrice@nemomotors.com
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