T3 Motion Announces the Appointment of Mr. Chris Spencer to the Board of Directors as Chairman of the T3 Motion Audit Committ...
October 31 2013 - 1:21PM
www.t3motion.com
- T3 Motion,
Inc. (OTCBB:TTTM) the leading provider of EV
technology to commercial, consumer, law-enforcement and government
markets, today announced that Mr. Chris Spencer has been appointed
to the Company's Board of Directors and Chairman of the T3 Audit
Committee effective October 28, 2013.
Christopher Spencer serves as Chief Executive Officer,
President and director of FAB Universal, a digital media services
company founded by Mr. Spencer on February 7, 2001. From 1994 to
1996, Mr. Spencer founded and worked for ChinaWire, Inc., a
high-technology company engaged in the financial remittance
industry between international locations and China. Mr.
Spencer worked for Lotto USA, Inc. from 1992-1994, where he was
founder and Chief Executive Officer for the Pennsylvania based
computer networking company. From 1990 until 1992, Mr.
Spencer worked for John Valiant, Inc., and was responsible for
business development and financing. Mr. Spencer also has more
than 12 years in investor relations and related public entity
experience.
William Tsumpes, President and Chief Executive Officer of T3
Motion, said: "We are delighted that Mr. Spencer will be joining
the T3 Board of Directors. He brings significant experience and
understanding of what it takes to build successful public
enterprises with a tremendous amount of experience in the capital
and technology markets. Mr. Spencer shares our vision of the future
for T3 Motion and can provide invaluable strategic and practical
guidance, insight, and perspective with respect to our
international operations, and IR strategies."
Mr. Spencer will fill the vacancy created by the departure of
Mr. Dave Snowden, who first joined the Company in 2003. "I truly
appreciate all of the significant contributions Mr. Snowden has
made over the years which has allowed T3 to accomplish its primary
goals of establishing the T3 Patrollerâ„¢ as the most successful
product of its kind in law enforcement worldwide. Throughout the
history of T3 Motion, Dave has championed the concept and benefits
of our EV technology for use throughout the law enforcement
communities. His service and presence will be missed," said William
Tsumpes.
"It is with mixed emotions that I find myself passing the baton
to Mr. Spencer, who I know will bring great insight and leadership
to T3 Motion. I will miss my involvement and wish T3 the best as it
fulfills our original visions and dreams for the Company," stated
Mr. Snowden, who has cited work and time conflicts as the basis for
his resignation.
About T3 Motion
T3 Motion, Inc. (OTCBB:TTTM) designs, markets and manufactures
the T3 Patroller and Vision Series Electric Stand-up
Vehicles. Headquartered in Orange County, California, T3
Motion is dedicated to raising the bar on law enforcement and
security capabilities in personal mobility technology. More
than 5,000 T3 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 those
contained in the forward-looking statements, see "Risk Factors" in
the Company's Registration Statement filed on Form S-1, as
amended, and in the periodic reports the Company files from time to
time with the Securities and Exchange Commission.
CONTACT: Company Contact
William Tsumpes, CEO
T3 Motion, Inc.
(714) 619-3600
investor@t3motion.com