T3 Motion (TMMM.OB) Continues a Strong Start to 2011
2010 ended with T3 Motion, Inc. receiving an order through its Argentinian partner Van Zandweghe Hnos (VZH S.R.L) for 28 units of the T3 i-Series Electric Stand-up Vehicle (ESV) designed for international law enforcement and security markets. The Costa Mesa, California-based company kicked off the New Year with an order for the deployment of two iconic T3 Series ESV’s to the Pentagon. Yes, that’s correct. The U.S. Pentagon is now using the Company’s vehicles to patrol the perimeter of one of the most important buildings in the United States.
International distribution continued to make great strides as its partnership with Feel Green in France resulted in an initial order for 42 of the electric vehicles. Feel Green also set up T3 i-Series demonstrations with multiple French Police Chiefs and provided Disneyland Paris and the Charles De Gaulle Airport with two T3 i-Series Electric Stand-up Vehicles for trial.
Today T3 Motion, Inc. announced the expansion of its global footprint through its partnership with Intense Protection & Tourist Services of South Africa; putting the T3 vehicles on six continents with an initial order valued at $391,000 for T3 Series Electric Vehicles. The value of the vehicle in the security and law enforcement industry is just being realized for its efficiency and cost reduction capacities. The cutting-edge ‘green’ technology provides a low cost of operation, averaging less than 10 cents per day to operate and includes two rechargeable, swapable batteries which provides the T3 the ability to operate 24 hours a day, 7 days a week with unlimited range.
Additional features that make the vehicle appealing include:
• Zero-degree turning radius
• Speeds up to 25 km/h
• 9-inch raised platform provides a superior vantage point
• Reduction of 90,000 lbs of CO2 annually per vehicle compared to a standard patrol vehicle
T3 Motion, Inc. is revolutionizing the world of personal mobility with the introduction of their flagship electric T3 Series law enforcement vehicles at the International Association of Chiefs of Police conference held in October 2006. With an extremely low float of only 7 million shares, TMMM trades on very low volume, but with a market cap of under $20 million, this Company may not continue to fly “under the radar” of the general investor community with ongoing developments such as those mentioned above.
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