T3 Motion Extends Segway Trade-in Program as Sales Grow More Than 200% in Q4 2013
December 04 2013 - 11:20AM
www.t3motion.com
- T3 Motion, Inc. (OTCBB:TTTM),
the leading provider of EV technology to consumer, law-enforcement
and government markets, announced today that it has extended the
expiration date of its aggressive Segway trade-in program for all
current Segway owners who purchase any model T3 vehicle through
June 15th, 2014.
T3 Motion also announced that Q4 2013 sales performance has
improved by more than 200% over the previous two quarters of 2013
on strong domestic and international sales.
"We're very happy to be able to extend the term of the Segway
Trade-in program which has proven to be a great tool as we've
gained momentum with our aggressive new sales and marketing efforts
begun in June 2013," said T3 CEO William Tsumpes.
"This program will be especially beneficial to our customers as
we prepare for the upcoming release of our next generation of
Patroller™ Vehicles scheduled for early 2014. The new models will
add several new standard features and options including reverse and
optional high performance motors as we strengthen our product
offerings. We will also be piloting a new 4 wheel electric
development vehicle designed for the emergency response market
which we believe will open significant global opportunities," said
Tsumpes.
"Our electric vehicles offer so many significant safety and
performance advantages over older, two wheel electric designs that
we wanted to continue to give those owners an upgrade path to our
safer, more advanced platforms," Tsumpes stated. "Our new, smaller
T3 Vision™ series vehicle is perfect for both indoor and outdoor
environments and is quickly becoming the tool of choice for indoor
patrols at airport terminal facilities around the country."
The trade-in program is available to all current Segway owners
who purchase a new T3 Motion vehicle by June 15th, 2014 subject to
the T3 Motion Trade-In Program Terms and Conditions.
The program will provide up to a $3,000 credit for the purchase
of a T3 Patroller™ Series vehicle, or up to $2,000 credit for the
purchase of a T3 Vision™ Series vehicle.
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: T3 Motion, Inc.
William Tsumpes, CEO
714-619-3600
investor@t3motion.com