KANSAS CITY, Mo., April 16, 2014 /PRNewswire/ -- APT Group, Inc. (OTC BB: FROZ), a propulsion technology company that manufactures and distributes advanced, environmentally friendly transportation, recreation and utility powersport products, today announced that its executive management team and Board of Directors is in place for its future as a public company. 

Troy A Covey will serve as President, a position he has held since 2007, when he co-founded the Company with a mission to lead the motorsports and utility products industry in energy conservation, quality design, high performance manufacturing and cutting edge technology.  Mr. Covey will also serve on the Board of Directors.

"We are so proud that MotoVox® has become the fastest growing brand of small engine price-point powersport products in the world, with nearly 100,000 powersport products sold to date earning nearly $25 million in less than three years of commerce," Mr. Covey said.  "Becoming a public entity will substantially increase our ability to grow the business."  

APT Group also announced that N. Douglas Pritt, CEO of Energy Revenue America and former Chairman and CEO of NavStar Technologies Inc., will serve on the APT Board of Directors.  

The Board of Directors also appointed the following officers to serve as the executive team: Wayne D. Patterson, Chief Executive Officer, who has held senior executive positions at major consumer brands including Nike, Sony and Mattel, to oversee product development and marketing; Colin Ohler, an expert on product development with a significant background as a rocket scientist, as Chief Operating Officer; Alexander Kramer, with 20 years experience in finance and accounting, as Chief Financial Officer; William Maher, with significant global experience in commercial banking, Senior Vice President, Corporate and Legal Affairs; and William C. Dyess, co-founder of the Company, as Senior Vice President, Director of Research and Development. 

"With our highly experienced team in place, APT Group, Inc. is very excited about what the future holds for our company," said Mr. Patterson.  "We have several new products that are launching this year and we continue to add additional retailers to our distribution channels in both the United States and Mexico.  The new products include adult mini bikes to complement APT's already successful junior powersports lines."

"MotoVox and MotoVox Pro, our branded lines of Powersport equipment, are now growing internationally, and have some great new scratch up designs ready for late 2014 and early 2015.  The SmartCarb has now proven itself through race teams and small scale production to be disruptive and much needed in the global market.  Our Sonic Flow engine development schedule has accelerated and we hope to be in durability testing next year with the revolutionary oil-less 2-stroke engine.  Lastly, our EPA/CARB emission testing lab is almost through certification," Mr. Patterson said.

About APT Group, Inc.
APT Group, Inc. is a Missouri registered corporation headquartered in Kansas City and is the holding company for the MotoVox® motorsport product line, SmartCarb® patented fuel system, and the Sonic Flow small engine technology lines (http://www.motovox.com/, and http://www.powerapt.com/).

Forward-Looking Statements
Some statements made in this press release are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect,'' "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to the growth of the industry and the Company's performance, are only predictions and are subject to certain risks, uncertainties and assumptions. Additional risks are identified and described in the Company's public filings with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.

Contact

William Maher, SVP
APT Group, Inc.
InvRel@motovox.com

Paul Knopick
E & E Communications
940.262.3584
pknopick@eandecommunications.com

SOURCE APT Group, Inc.

Copyright 2014 PR Newswire

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