T3 Motion, makers of the Segway-ish T3 Series Electric Stand-up Vehicle (ESV), has partnered with Telestop Electronic Control Devices to distribute the ESV in Chile. Telestop, a major Chilean distributor of security and military devices, will sell the T3 ESV to police, military and security agencies throughout the country. T3 says it will ship the initial $111,000 order within the next sixty days. With this partnership, Chile joins Argentina as the second South American country to sell the T3 ESV.
The T3 ESV is specifically designed for use by security personnel. T3 says the ESV is known for its "ability to increase command presence, decrease CO2 emissions, turn on a dime and run on ten cents per day." Some of the ESV's notable features include its zero-degree turning radius,
its pair of on-board, rechargeable and easily swap-able batteries, its ability to hit speeds of up to 15 miles per hour and its 30-mile range.
[Source: T3 Motion]
T3 Motion Enters Chilean Electric Vehicle Market with $111,000 Initial Order
T3 Motion signs distribution agreement with Chilean reseller Telestop Electronic Control Devices, making Chile the second country to deploy T3 Series Electric Stand-up vehicles throughout South America
COSTA MESA, Calif., July 12, 2011 /PRNewswire/ -- www.t3motion.com - T3 Motion, Inc. (NYSE Amex:TTTM) announced today that it has partnered with the Telestop Electronic Control Devices to exclusively market, distribute and service the T3 Series Electric Stand-up Vehicle (ESV) in Chile. Telestop, a major Chilean reseller of security and military devices, will distribute the T3 ESV for police, military, and private security purposes throughout the country. The initial $111,000 order will be shipped within the next sixty days.
"This is an exciting time for T3 Motion as a brand, as international growth signals future business success," stated Ki Nam, T3 Motion, Inc. C.E.O. "This growth further demonstrates how well-received our products are in the marketplace. Chile's market for cost-effective, clean-energy vehicles is growing rapidly, and with the assistance of Telestop we will capitalize on this growth. Telestop's expertise in the region will be invaluable in helping us to establish our international strategy in the market."
Ana Maria Malaga, General Manager of Chilean distributor TeleStop, remarks "We are proud to help Chile join other Latin American countries in clean energy initiatives. Chile is showing a great interest in joining the mission for a cleaner planet, and cost-effective, zero-emission security vehicles are a good way to work towards this goal."
The T3 ESV is specifically designed to benefit police, military and private security countries in the international arena and is known for its ability to increase command presence, decrease CO2 emissions, turn on a dime, and run on 10 cents per day. With this partnership, Chile joins Argentina as the second country to sell T3 Series vehicles in South America.
T3 Series Features
The T3 is a cutting-edge 'green' personal mobility vehicle specialized for use by law enforcement and security officers. The T3 leads the industry in these key features:
Cost of operation less than 10 cents per day
Zero-degree turning radius
Two rechargeable, swap-able batteries
Speeds up to 25km/h, the equivalent of about 15 mph
9-inch raised platform provides a superior vantage point
About T3 Motion, Inc.
T3 Motion, Inc. (NYSE Amex:TTTM) revolutionized the world of personal mobility with the introduction of their flagship electric T3 Series. Headquartered in Orange County, California, USA, T3 Motion, Inc. is dedicated to raising the bar for law enforcement and security capabilities in personal mobility technology.
This year, T3 Motion unveiled the R3 plug-in electric consumer vehicle prototype. The proprietary rear-wheel design of the R3 features a patent-pending, single, wide-stance wheel with two high-performance tires sharing one wheel. The revolutionary two-tire design improves traction, stability, and handling, while the low rolling resistance and rounded profile of the rear tires increase energy efficiency. The R3 will incorporate the Samsung Galaxy into the sleek dashboard design. Due to its three-wheeled design, the R3 is classified as a motorcycle.
For more information on T3 Motion, Inc. and the company's signature T3 Series line of electric personal mobility vehicles, and the upcoming R3 consumer vehicle, visit www.t3motion.com, email email@example.com or call 714-619-3600.
"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 involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.