Costa Mesa, CA (April 11, 2013) (NYSE MKT: TTTM) www.t3motion.com - the dominant provider of EV technology to law-enforcement and government markets, today announced their upcoming launch into the consumer and related markets with the development of a new personal EV, the T3 Vision™ Series, which will launch in the coming weeks. The T3 Vision™ Series, after completing rigorous beta and final field testing, has now entered full production and will be released and widely distributed throughout a new global dealer network.
"With the huge success of our professional T3 Patroller™ Series in law enforcement and commercial security applications where we hold an estimated 84% market share, we’re now prepared to launch a next generation ESV designed to fulfill the large number of requests we receive for a smaller consumer sized vehicle where we believe our superior and patented technology will once again demonstrate our ability to dominate the market."
"As an important element of our aggressive, growth-oriented business plan the new Vision™ Series of vehicles will target new markets first by launching into the consumer market space and then also expanding us in to numerous other commercial transportation solutions. The beautiful new designs and functionality we’ve incorporated in to our T3 Vision™ Series vehicles will set new standards and offer significant advantages over any other competitive technology in the market today," stated William Tsumpes, T3 Motion Chief Executive Officer.
"As the proven leader in Electric Standup Vehicles technology T3’s new Vision™ Series is the result of 7 years of experience in building vehicles to meet the demanding environments of government and law enforcement applications but incorporates a consumer-oriented twist, a smaller footprint and rich accessory line, resulting in a fully-customizable vehicle that will be perfectly suited for any market from airports and indoor applications to campuses, parks, RV and touring applications."
The new vehicles will continue our proud tradition of being "Made in America".
T3 Motion, Inc. (NYSE MKT: TTTM) headquartered in Orange County, California, T3 Motion is dedicated to raising the bar on personal mobility technology. More than 4,000 T3 Series vehicles have been deployed in over 30 countries worldwide. For more information, visit www.t3motion.com.
“Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding T3 Motion’s business, which are not historical facts, are "forward-looking statements" that are not guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, among others, factors associated with market conditions and the satisfaction of customary closing conditions related to the proposed public offering. For additional information concerning these and other factors that may cause actual results to differ from thsoe contained in the forward-looking statements, see "Risk Factors" in the Company’s Registration Statement filed on Form S-1, as amended, and in periodic reports the Company files from time to time with the Securities and Exchange Commission.
William Tsumpes, CEO
T3 Motion, Inc.