Armor Electric Announces Prototype Delivery for Mexico Contract

Author: Armor Electric, Inc.
Dateline: Wed, 22 Feb 2006

freeNewsArticles Story Summary: “SOLANA BEACH, CA - Feb. 22 (SEND2PRESS NEWSWIRE) -- Armor Electric Inc. (OTC Bulletin Board: ARME) wishes to announce that Majestic Auto Ltd., a division of Hero Motors of India, has completed the engineering and manufacturing of the test model three wheel electric powered taxi cabs to be delivered to the taxi cab company in Mexico City for the Joint Venture Group.”



A R T I C L E:

SOLANA BEACH, CA (SEND2PRESS NEWSWIRE) -- Armor Electric Inc. (OTC Bulletin Board: ARME) wishes to announce that Majestic Auto Ltd., a division of Hero Motors of India, has completed the engineering and manufacturing of the test model three wheel electric powered taxi cabs to be delivered to the taxi cab company in Mexico City for the Joint Venture Group. The inspection and testing by the taxi cab company will then generate the purchase order for the first 400 vehicles under the 42,000 vehicle contract. The contract for the delivery of these 42,000 electric powered taxi cabs is anticipated to provide $42,000,000 in gross revenues to the Joint Venture Group.


About Armor Electric, Inc.

Armor Electric, Inc. is a leader in the design, manufacture, and distribution of electric battery power drive systems for land and water vehicles.

For further information, please contact: Investor Relations, cschertzer@armorelectric.com

This information may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed on the website might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

Additional information: www.armorelectric.com


Ref: OTCBB: ARME / ARME.ob



###


Copyright © 2006 by Armor Electric, Inc. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Armor Electric Announces Prototype Delivery for Mexico Contract
• REFERENCE KEYWORDS/TERMS: , , , , Public Companies, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Armor Electric, Inc.); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Wed, 22 Feb 2006 13:33:00 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.