Photo Release -- T3 Motion Counters Segway's SE-3 With The Most Advanced ESV Ever Built
May 21 2014 - 3:56PM
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 begun
commercial shipments of its secret and much anticipated NGV (Next
Generation Vehicle), designed to counter Segway's entry into the 3
wheel marketplace which was invented and dominated by T3 since its
founding in 2006.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=25510
The T3 Elite Series™, including the new Super Elite™ ESV, is
built upon nearly a decade of experience building three wheel
platforms, and without a doubt, bar none, is the most advanced and
technologically superior ESV's ever. With new features and
capabilities designed to specifically address the needs of our
government, law enforcement, education and security markets in a
changing society, nothing else even comes close.
New features available on the Super Elite™ include our new
Active Vision™ system which provides live streaming video to be
broadcast directly from the vehicle environment, allowing first
responders to wirelessly transmit live images to a remote command
center with internet viewing from anywhere in the world. This new
patent-pending technology has never been available on any other
platform before and enables senior management to remotely assess
and direct their operations on a moment's notice for any emergency
event including the wave of active shooters recently invading the
sanctity of our schools and colleges.
Other new features such as our new advanced self-leveling Motion
Air™ air-ride suspension system, not only adds a significant new
level of comfort for the rider, but also provides exceptional
control and handling benefits by vastly improving the stability and
safety of our vehicles versus our competitors and reducing the long
term effects of fatigue on the rider that is often experienced on
other platforms. This technology was originally developed in
cooperation with the Dallas Police Department in 2013.
"We began this development more than a year ago on the heels of
our former CEO joining Segway and announcing they were going to
move towards a three wheel platform after recognizing the
tremendous advantages of our technology in the market. We're very
proud of our products and that we are the only manufacturer in the
market who can state that all T3 Motion vehicles are designed and
built by Americans in AMERICA as opposed to the wave of overseas
knockoffs we're seeing lately," stated William Tsumpes, CEO of T3
Motion.
"I truly question how any responsible would-be competitor, such
as the ones we've seen lately, could justly serve its customers or
the market, by introducing new vehicles into the market which
haven't undergone any real world testing and are nothing more in
some cases than untried and untested experiments and copies of what
we've invested more than $47 million to develop over the past eight
years. I equate this situation to expecting a lawn mower
manufacturer to being able to build a John Deere tractor after just
a few months in development, it's just not that simple," said T3
Motion CEO William Tsumpes.
"It's always been my most important priority to ensure that T3
maintains its significant leadership role in the industry we
invented almost a decade ago, and that I use my personal and
significant engineering background to lead the development of the
most technologically advanced vehicles in the world which is
exactly what we've done with the new Super Elite Series," Tsumpes
continued.
"Clearly, T3 Motion, after almost a decade of experience
building 3 wheel technologies, understands the challenges better
than anyone else. We've taken tens of millions of miles of real
world use and experience and developed this new platform to ensure
that we maintain our advantages by building the safest, more
reliable, and sophisticated, performance driven solutions in the
world.
"Our electric vehicles offer so many significant safety and
performance advantages over older, two wheel electric designs it's
easy to understand any competitors desire to follow in our
footsteps. We understand the competitive nature of the markets and
will ensure that our loyal customers and investors continue to be
rewarded with a superior product line and service second to none,"
Tsumpes stated.
T3 Motion, Inc. (OTCBB:TTTM) headquartered in Orange County,
California, T3 Motion is dedicated to raising the bar on personal
mobility technology. More than 5,000 T3 Series 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 periodic reports the Company files from time to time with
the Securities and Exchange Commission.
The photo is also available via AP PhotoExpress.
CONTACT: Company Contact
William Tsumpes, CEO
T3 Motion, Inc.
(714) 619-3600
investor@t3motion.com