Armor Electric Announces Prototype Delivery for Mexico Contract
22 Fevereiro 2006 - 4:27PM
PR Newswire (US)
SOLANA BEACH, Calif., Feb. 22 /PRNewswire-FirstCall/ -- Armor
Electric Inc. (OTC:ARME) (BULLETIN BOARD: ARME) wishes to announce
that Majestic Auto Ltd., a division of Hero Motors of India, has
completed the engineering and manufacturing of the test model three
wheel electric powered taxi cabs to be delivered to the taxi cab
company in Mexico City for the Joint Venture Group. The inspection
and testing by the taxi cab company will then generate the purchase
order for the first 400 vehicles under the 42,000 vehicle contract.
The contract for the delivery of these 42,000 electric powered taxi
cabs is anticipated to provide $42,000,000 in gross revenues to the
Joint Venture Group. About Armor Electric, Inc. Armor Electric,
Inc. is a leader in the design, manufacture, and distribution of
electric battery power drive systems for land and water vehicles.
For further information, please contact: Investor Relations, This
information may include forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These statements are
based on the Company's current expectations as to future events.
However, the forward-looking events and circumstances discussed on
the website might not occur, and actual results could differ
materially from those anticipated or implied in the forward-looking
statements. Additional information: http://www.armorelectric.com
This release was issued on behalf of the above organization by
Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com
DATASOURCE: Armor Electric Inc. CONTACT: Cheryl Spousta-Schertzer
of Armor Electric Inc., +1-858-720-0354, ; plain text copy:
http://send2press.com/mediadrome/2006-02-0222-001.txt Web site:
http://www.send2press.com/ Web site: http://www.armorelectric.com/
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