Read the full release after the jump
[Source: MotivNation via The Auto Channel]
MotivNation to Introduce New Product Line of Light Electric Vehicle Through Damon's Division
IRVINE, Calif.--MotivNation (OTCBB:MOVT), an Orange County, California-based provider and manufacturer of "tools and toys for the automotive enthusiast," today announced the introduction of a light electric vehicle through Damon's division.
George R. Lefevre, MotivNation CEO, commented, "We're excited about this upcoming product featuring innovative motor, controller, battery and manufacturing techniques from this alternative energy line of product."
Based in Irvine, California, MotivNation is aggressively positioned in the custom automotive and motorcycle enthusiast market. Damon's is in the business of customizing motorcycles and automobiles. TrixMotive is in the business of converting automobile chassis into stretched limousines and other specialized automotives. MotivSource is an automotive supplier delivering advanced systems and components to the motor vehicle industry.
MotivNation's business divisions provide a full range of services that cater to the custom motorcycle and automotive enthusiast, including the sale, manufacture, converting, customization, armor protecting, and installation of custom-built motorcycles and auto parts and accessories, as well as restoration, repair, and servicing.
For more information, visit http://www.MotivNation.com.
Safe Harbor Statement: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements in this release, which relate to the Company's plans and strategies, as well as management's expectations about new and existing products and services, acquisitions and opportunities, market growth, demand for acceptance of new and existing products and services, are forward-looking statements. In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors. The Company undertakes no obligations to publicly update or revise such statements. For more details, please refer to the Company's Securities and Exchange Commission filings.