Leo Motors Inc.’ Products and Technology to be Exhibited at the San Diego County Fair
Del Mar, California, June 12th – July 7th, 2009
Select Vehicles Available For Order
NEW YORK--(BUSINESS WIRE)--Leo Motors, Inc. (OTC: LEOM), an innovative automotive company engaged in the development, manufacture, and marketing of Electric Vehicles (“EVs”) and EV components, will demonstrate its product line up and technology at the world famous San Diego County Fair taking place in Del Mar, California from Friday, June 12 through Tuesday, July 7, 2009.
“Our scooters are the world’s first truly sustainable EV products offered in the scooter market. These are not electric toys; they are highly evolved EVs made possible as a result of Leo’s proprietary motor and battery technologies.”
Representatives from Leo Motors will answer questions about the company, its technology, the EV industry, and will demonstrate one of Leo’s electric scooter models.
Consumers will be able to order select EVs including the impressive “Leo-1000” and “Hilless” scooters at the Expo. These products range in price from $2,900 to $4,000 and are eligible for the tax credits and deductions allowable for electric vehicles.
The San Diego County Fair offers a unique and special opportunity for marketers to interact with more than one million people in a relaxed and fun environment. Attendance at the Fair the past three years has been at an all-time high, with each year topping 1.2 million visitors. Held annually since 1880, the San Diego County Fair has been among North America's top ten fairs in attendance for nearly two decades.
“We are proud to introduce our zero emission electric scooters to the U.S. market at this historic venue,” said Dr. Robert Kang, President and CEO of Leo Motors, Inc. “Our scooters are the world’s first truly sustainable EV products offered in the scooter market. These are not electric toys; they are highly evolved EVs made possible as a result of Leo’s proprietary motor and battery technologies.”
Leo Motors recently received an order for three thousand Hilless scooters in Seoul, S. Korea for use for food delivery services. The full-scale release of Leo Motors products to the United States is expected in the fourth quarter 2009.
Leo Motors' Hilless business motorcycle model uses digital automobile technologies such as driving mode, whipping mode, and Ultra Balance Battery Management System (BMS) for sustainable use. Until now, problems traditionally faced by electric bikes have included an inability to run long distances up steep hills; sudden power loss immediately after achieving peak power; batteries that fail to work properly; and prohibitive expense.
Leo's innovative drive mode enables the motor to exert the optimum torque in each RPM range. Leo's whipping mode cuts off the power supply to the motor as the motor works fast enough to mount the road (analogous to a spinning or whipping top). Between whipping intervals, the motor is able to rest, thus preventing it from becoming overheated.
The Battery Management System represents another EV evolution. Leo's Ultra Balance BMS maintains the balance of voltage between the battery cells up to 0.01 Volt.
For more news and information on Leo Motors, Inc. please visit www.IRGnews.com/coi/LEOM where you can find the CEO’s video, a fact sheet on the company, investor presentations, and more. The company’s website is www.leomotors.com.
About Leo Motors, Inc.
Leo Motors has several proprietary designs for new electric vehicles for various uses including taxis; fleet operations such as police, mail delivery, and resorts; as well as a unique electric motor cycle. Leo Motors is also developing a revolutionary multi-motor system as well as a new type of refuelable zinc air fuel cell.
For more news and information on Leo Motors, Inc. please visit www.IRGnews.com/coi/LEOM where you can find the CEO’s video, a fact sheet on the company, investor presentations, and more. The company’s website is www.leomotors.com.
Forward-Looking Statement
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will,” or “plans” to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s reports and registration statements filed with the Securities and Exchange Commission.
