June 17, 2009
Lund Industries, a distributor of police and emergency vehicles and accessories has signed a distribution and purchase order agreement with Xtreme Green Products for Sentinel Police Mobility Vehicles.
Xtreme Green Products, Inc. (XGP), an eco-vehicle company specializing in the development of electric land vehicles and personal watercraft, has announced today that it has received a distribution and purchase order agreement from Lund Industries for Sentinel police mobility vehicles (PMV).
“Lund Industries is an established leader in the sales and distribution of security vehicles and accessories,” explained Neil Roth, President and Chief Operating Officer of Xtreme Green Products. “We look forward to working closely with the Company to begin introducing the Sentinel to police departments, security firms and universities throughout the Midwest,” he added.
The Sentinel is an electric PMV designed to replace the bicycle and foot patrol with a reliable, state-of-the-art, and efficient urban neighborhood, university campus and downtown patrol. The Sentinel can travel at speeds up to 29 miles per hour and offers a range of 80 miles per charge.
The agreement provides for the marketing and distribution of XGP’s Sentinel PMV. The Sentinel will be marketed and sold by Lund Industries to Public Safety users throughout Illinois, Indiana, Missouri and Wisconsin.
“Xtreme Green Products has developed an innovative and cost-effective solution for improving police and security patrol in areas where traditional police vehicles are less effective,” commented Paul Lundberg, Chief Executive Officer of Lund Industries. “Given the initial popularity of the Sentinel, we believe that it will quickly become the standard electric patrol vehicle used by police departments and university campuses across the Country,” he added.
In addition to launching the Sentinel PMV, XGP recently announced that it has begun accepting orders for its X Rider electric motorcycle. The first 25 motorcycles, which can travel up to 65 miles per hour and over 100 miles per charge, are being sold exclusively online at http://www.XGPshop.com.
Xtreme Green Products, Inc., is an eco-vehicle company developing and manufacturing revolutionary, electric-powered land vehicles. The Company currently offers several consumer vehicles for sale, including the X Rider, an electric motorcycle capable of speeds approaching 65 miles per hour, and an electric motor scooter, which can travel as far as 75 miles on a single charge.
In addition to its consumer vehicles, the Company also manufactures the Sentinel Police Mobility Vehicle, an electric vehicle for use by security and law enforcement officers. The Sentinel is designed specifically to replace bicycle and foot patrol with a reliable, state-of-the-art, and efficient urban neighborhood and downtown patrol vehicle. The vehicle’s three wheel design and size allow officers to patrol on sidewalks safely as well as go through open doorways and climb 6” curbs when in pursuit or rushing to a crime scene. The Company has recently introduced for both security and consumers all electric ATVs and UTVs.
All Xtreme Green Products vehicles are designed with proprietary energy management systems and electric propulsion systems, providing each vehicle with the power and ability of gas powered engines, but without the particulate pollution or noise pollution.
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in Xtreme Green Product's ("the Company") business plan. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The distribution partnership with Lund Industries should not be construed as an indication in any way whatsoever of the value of the Company or its common stock. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. 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 cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
David Isserman
Investor Relations
investor.relations@xtremegreenproducts.com |
