LOS ANGELES, Jan. 7 /PRNewswire-FirstCall/ -- Vision Industries Corp. (OTC Bulletin Board: VIIC), producers of the zero emission plug-in electric/hydrogen fuel cell hybrid Tyrano(TM) truck announced that Capacity of Texas, Inc. and Vision have joined forces to build a Zero Emissions Terminal Tractor (ZETT(TM)). The ZETT will be built on Capacity's PHETT® platform and powered by the Vision plug-in electric/hydrogen fuel cell technology. The PHETT® was the world's 1st Hybrid Terminal Tractor.
Phillip Ford, President of Capacity stated, "The ZETT is the latest evolution of innovative hybrid technology, combining the advantages of hydrogen fuel cell technology to produce Zero Emissions. The ZETT is designed to operate for two full eight hour shifts without refueling which is a tremendous advantage over any battery powered only terminal tractor. With the advanced technology that Vision Industries has developed, the ZETT produces its own electricity and never will have to be recharged in the middle of a shift. Fueling of the hydrogen tanks can be accomplished in fifteen minutes. Capacity of Texas is dedicated to environmental stewardship by offering products with the latest technology in green propulsion."
Martin Schuermann, President & CEO of Vision stated, "Terminal tractors typically operate in industrial settings in close proximity to heavily populated urban areas. This is a new market sector for Vision and we believe that the marketplace will readily embrace a zero emissions terminal tractor that features significant operating cost savings when compared to conventionally powered diesel terminal tractors."
About Capacity of Texas, Inc.
Capacity of Texas, Inc., based in Longview, Texas, is a wholly owned subsidiary of Collins Industries, Inc., and is the largest American owned manufacturer of terminal tractors in North America, offering a full product line of terminal trucks used throughout the world. Capacity distributes products through a national and international authorized representative network. For a current listing of Capacity products and authorized representatives, visit www.capacitytexas.com.
Collins Industries, Inc., a subsidiary of BNS Holding, Inc., is also a leading manufacturer of ambulances (including medical attack vehicles, rescue vehicles and fire emergency vehicles), North America's largest producer of Type "A" small school buses, and a leader in the road construction and industrial sweeper markets. Since 1971, Collins Industries, Inc. has grown to approximately 900 employees in three plants comprising over eight-hundred thousand combined square feet of manufacturing space. Collins Industries, Inc. sells its products throughout North America and abroad.
About Vision Industries Corp.
Vision is a provider of hydrogen fuel cell/plug-in electric powered vehicles and turnkey hydrogen fueling systems. Vision's proprietary hydrogen fuel cell/plug-in electric drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. Vision uses major manufacturers as partners or sub contractors to produce its vehicles. This business approach avoids massive outlays of startup capital. Many regional, state and federal alternative energy programs in the form of grants, subsidies, tax credits and loans exist or are planned. For more information on Vision Industries Corp., please visit www.visionindustriescorp.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
SOURCE Vision Industries Corp.