Vision Receives Purchase Order From the Port of Los Angeles
LOS ANGELES, April 5 /PRNewswire-FirstCall/ -- Vision Industries Corp. (OTC Bulletin Board: VIIC), producers of the zero emission electric/hydrogen hybrid Tyrano™ truck, is pleased to announce that it has been awarded a purchase order from the Port of Los Angeles, for a zero emission Class 8 hybrid electric truck. The cost to purchase the zero emission truck will not exceed $280,000 including sales tax. The resulting zero emission truck would be one of only a handful of zero emission Class 8 hybrid trucks operating in the world.
Geraldine Knatz, Ph.D., Executive Director of the Port of Los Angeles stated, “Zero emissions technology is no longer a futuristic concept, and this remarkable truck presents us with another opportunity to test and advance the use of tomorrow’s technologies in today’s diesel-dominant port trucking environment.”
John Holmes, Deputy Executive Director of the Port of Los Angeles stated, “This truck will be used for moving the City of Los Angeles Harbor Department’s TransPORTer exhibit. As announced on Jan. 14, 2010 (click here to view announcement), we continue to negotiate with Vision for the purchase and evaluation of Vision’s hydrogen fuel cell hybrid-electric trucks. The heavy-duty big-rigs will be tested to evaluate their suitability for short and medium distance cargo-hauling (or “drayage”) operations, and other similar applications.”
Martin Schuermann, President & CEO of Vision stated, “We believe that our zero emission trucks can become a large factor in enabling the Port to achieve its carbon footprint emission reduction goals”
About Vision Industries Corp.
Vision is a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. Vision’s proprietary electric/hydrogen hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. Vision uses major manufacturers as partners or sub contractors to produce its vehicles. This business approach avoids massive outlays of startup capital. Many regional, state and federal alternative energy programs in the form of grants, subsidies, tax credits and loans exist or are planned. For more information on Vision Industries Corp., please visit www.visionindustriescorp.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
SOURCE Vision Industries Corp.
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