Electric Moto Merger Talks Include New Vehicle Line

NEW YORK, NY – May 4, 2011 – (Motor Sports Newswire) – Electric Moto Corporation (PINKSHEETS: EMOT), a provider of state of the art electric vehicles, revealed today the name of one of the cutting edge vehicle companies with which a potential merger or acquisition was being investigated.

According to Robert Lancellotti, Chairman of Electric Moto: “Engineering Institute, LLC of Farmington, Arkansas, has a lengthy history of design innovation and technological advancement, and is directed by one of the most forward-looking guys that we have met in the industry.”

“Dr. David Renfroe’s company has brought new and ground-breaking thinking to the three-wheeled vehicle, or K-Lean Machine as EI has named it, and the resulting vehicle concept has already sparked substantial interest in several large Asian markets.”

Dr. Renfroe, who just returned from a series of meetings in India with manufacturing representatives, spoke also of the substantial opportunities that a vehicle of K-Lean’s advanced technology could provide: “For essentially the cost of a motor scooter, one can produce an enclosed three-wheeled vehicle that offers protection from the elements, a more pleasant riding experience, and of course huge savings — 200 miles per gallon if gasoline powered, and even greater savings and essentially no carbon footprint if electric powered.”

Dr. Renfroe added that he looked forward to a satisfactory conclusion to the negotiations with Electric Moto in the very near future, and the beginning of several prototypes shortly thereafter.

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.

This communication is not and shall not be deemed to be an offer to sell or solicitation of an offer to buy any securities of the above mentioned company.

SOURCE: Electric Moto Corporation

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Electric Moto to Announce Merger Plans

NEW YORK, NY -  January 24, 2011 – (Motor Sports Newswire) – Electric Moto Corporation (PINKSHEETS: EMOT) announced today that it had been in “active talks” with several electric vehicle firms regarding a possible merger or acquisition.

“We have identified and been in serious negotiations with one very likely candidate for merger, and we have approached two others,” according to Robert Lancellotti, Chairman of the Board of Directors of Electric Moto.

Mr. Lancellotti went on to note that “Sharing proprietary technology improves and expands the product lines of each company. Providing mutual access to parts and materiel sources creates economies in scale and increases corporate efficiency. As a result, the company that results from these transactions is clearly greater than the sum of its parts.”

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.

This communication is not and shall not be deemed to be an offer to sell or solicitation of an offer to buy any securities of the above mentioned company.

SOURCE: Electric Moto Corporation

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Electric Moto to Close on Financing Agreement

NEW YORK, NY – January 21, 2011 – (Motor Sports Newswire) – Electric Moto Corporation (PINKSHEETS: EMOT) announced today that the company had reached an “agreement in principle” with a financing firm that would enable EMOT to move swiftly into the development of its various prototype vehicles, and to begin serial production of those vehicles.

While the name of the financing company, and the terms of the deal have not yet been disclosed, Robert Lancellotti, Chairman of the Board of Directors of Electric Moto, did offer the following comment: “We are pleased indeed to have found a funding source that shares our vision of the future. We expect to be able to disclose the full details of this financing package shortly. Suffice it to say that in this difficult economic climate, our ability to finalize this deal will prove immensely valuable to the firm and its shareholders.”

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.

This communication is not and shall not be deemed to be an offer to sell or solicitation of an offer to buy any securities of the above mentioned company.

SOURCE: Electric Moto

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Electric Moto Corporation Begins Testing on Its G2 EMAX Dual Sport Motorcycle

NEW YORK, NY – June 23, 2010 – (Motor Sports Newswire) – Electric Moto Corporation (PINKSHEETS: EMOT.PK) announced today the beginning of factory testing on its G2 EMAX Dual Sport Motorcycle. The announcement closely follows the additional factory and road testing on its G1 EMAX DS Motorcycle, with increasingly positive results set in runtimes, battery charge, handling and acceleration.

Chairman of the Board Robert Lancellotti said, “We continue to make steady progress, not just in our motorcycle division, but with watercraft and ATVs. The ecological disaster in the Gulf makes it clear that the work that we are doing, and the products that we are producing will be in increasing demand.”

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.

This communication is not and shall not be deemed to be an offer to sell or solicitation of an offer to buy any securities of the above mentioned company.

SOURCE: Electric Moto Corporation

Contact:
Kristie Cain
212-216-9428

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Electric Moto Company Announces Appointment of CEO

New York, NY – December 17, 2009 – (Motor Sports Newswire) –  The Board of Directors of Electric Moto Corporation announced today the appointment of Mitch Leonard to the position of Chief Executive Officer. The announcement follows EMOT’s recent announcement of IPG Group as their Agency of Record.

Electric Moto Corporation is a publicly-traded company which develops state of the art “Green” Lifestyle electric vehicles and accessories. EMOT is preparing to launch its flagship vehicle: a 72 Volt Dual Sport electric motorcycle.

Mr. Leonard has more than eighteen years of experience in the motorcycle industry, ranging from the technical aspects of motorcycle design to manufacturing and production. In addition, he has extensive experience building and promoting race teams. His credentials include work with many of the premier names in the industry: American Honda Racing, Pro Circuit Racing, Suzuki Racing, Yoshimura Racing, Troy Lee Designs, Showa Suspension, Ohlins Suspension, and Dunlop Tire Corp.

Most recently, Mr. Leonard was the Product/Motorsports Development Manager for Azteq USA. In this position he oversaw the remodeling of a new facility and the development of a professional racing team. His responsibilities for Azteq also included managing sponsorships and the development of a highly competitive racing team.

Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the 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.

In addition, this communication is not and shall not be deemed to be an offer to sell or solicitation of an offer to buy any securities of the above mentioned company.

http://www.electricmoto.com

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