SANTA MONICA, Calif.--(Ecologic Transportation, Inc. (“Ecologic Transportation” or the “Company”) (OTCBB:EGCT) today announced Ecologic Products, Inc., a wholly owned subsidiary of Ecologic Transportation, Inc. has signed an exclusive agreement with KO Manufacturing, Inc. for environmentally responsible car cleaning products and processes. KO Manufacturing Inc., based in Springfield, MO, was founded in 1976 and is an innovative leader in the commercial cleaning market. They are committed to reducing environmental impact through the use of cleaner technologies and more efficient processes.)--
KO Manufacturing’s scientists and engineers, working with Ecologic developed what it believes is the premier waterless car cleaning process in the world, Ecologic Shine™. Ecologic Shine™ products are plant-derived solutions that create no contaminating runoff. Under the terms of this agreement, KO Manufacturing will manufacture these products exclusively for Ecologic Transportation. KO will also provide their expertise in the design and development of delivery systems that will allow Ecologic Shine™ to expand to larger U.S. and International markets.
ABOUT ECOLOGIC TRANSPORTATION, INC.
Headquartered in Santa Monica, CA, Ecologic Transportation, Inc., is a holding company with wholly owned subsidiaries all dedicated to environmentally friendly transportation products and services. The company encompasses three separate but integrated operations that address the environment and transportation holistically: Ecologic Car Rentals, Ecologic Systems and Ecologic Products. This innovative company has an unbiased approach to green cars and clean fuels by providing a business platform for all emerging environmental transportation technologies. For more information: www.ecologictransportation.com or visit http://www.myshareholder.com/ecologic-transportation.html where you can follow Ecologic on Facebook, Twitter, and You Tube.
This 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. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.