|By Marketwired .||
|February 21, 2007 03:00 PM EST||
ONTARIO, CA -- (MARKET WIRE) -- 02/21/07 -- Phoenix Motorcars, an early leader in the mass production of battery-electric fleet vehicles, with its partner, Altair Nanotechnologies Inc. (NASDAQ: ALTI), will be exhibiting its zero-emission sport utility truck (SUT) during the Faster Freight - Cleaner Air Conference and Expo being held February 26 - 28 at the Long Beach Convention Center. The SUT will be on display at booth 313 in the exhibit hall.
"We are looking forward to participating at this premier event," says Daniel J. Elliott, CEO of Phoenix Motorcars. "It is an opportunity to meet with decision makers and discuss why Phoenix's SUT is a viable solution to reduce operation costs, improve productivity and protect public health."
Conference attendees will have the opportunity to test-drive the innovative SUT at the "Ride and Drive" activity scheduled on Wed., Feb. 28 from 1:00 p.m. to 4:00 p.m. located at the main entrance of the Long Beach Convention Center.
The Phoenix Motorcars SUT can travel at freeway-speeds while carrying five passengers and a full payload. The SUT exceeds all specifications for a Type III ZEV, having a driving range of 130 miles, can be recharged in less than 10 minutes, and the battery pack has a life of 12 years or more. It is powered by UQM Technologies (AMEX: UQM) propulsion system, utilizes Boshart Engineering homologation process and is equipped with a non-toxic, revolutionary Altairnano NanoSafe(TM) all-battery pack.
Phoenix's SUT is a safe, reliable and smart transportation solution for the California-fleet market. The company is on target to manufacture and sell 500 fleet-ready vehicles by year's end to operators of fleet vehicles, such as public utilities, public transportation providers and delivery services. A limited number of vehicles will be available to consumers in 2007 with an expanded consumer launch scheduled for 2008. Phoenix Motorcars will also introduce an SUV model in late 2007.
ABOUT PHOENIX MOTORCARS, INC.
Phoenix Motorcars Inc., a privately held company headquartered in Ontario, Calif., has been an industry leader in the development of battery-electric, freeway-speed vehicles since 2001. The mission of Phoenix Motorcars is to manufacture zero-emission vehicles including Sport Utility Trucks and Sport Utility Vehicles to reduce the toxic emissions from the largest contributor to air pollution, personal automobiles. Phoenix Motorcars has strategic alliances with UQM Technologies (AMEX: UQM), Altair Nanotechnologies, Inc. (NASDAQ: ALTI) and Boshart Engineering. For additional information, visit www.phoenixmotorcars.com.
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