COSTA MESA, Calif., Oct. 12, 2011 /PRNewswire/ -- www.t3motion.com - T3 Motion, Inc. (NYSEAMEX: TTTM) T3 Motion, Inc. today announced that the Kuwaiti Ministry of the Interior has placed additional orders bringing the total deployment in Kuwait to $448,000 for T3 Electric Stand-up Vehicles (ESV). The initial shipments have been delivered to the Kuwaiti Ministry of Interior to use for airport security and coastal patrols.
"The use of T3 ESVs for Kuwaiti airport homeland security initiatives is just the first step in how T3 Motion will help to bring Kuwait to the cutting edge of modern security," stated Ki Nam, T3 Motion CEO. "As nations around the world modernize their security initiatives to meet the requirements of evolving technologies, many nations are increasingly taking advantage of T3 ESV's strong command presence and iconic design for security alternatives. We look forward to this relationship with Kuwait and welcome it as a strong and lasting partnership."
The Ministry of Interior unveiled their fleet of T3 ESVs at the 2011 Police Academy graduation ceremony, replacing the traditional horseback riders for the ceremony. The Emir of Kuwait as well as other government and security officials were in attendance at the ceremony.
The orders were placed through distributor A&M Ltd. In 2010, T3 Motion and A&M Ltd. executives signed a distribution agreement appointing A&M as the exclusive distributor of the T3 Series ESV in Kuwait. A&M is a long-standing and respected company in Kuwait with an impressive government and private clientele and will provide all operator training and technical support for customers throughout the region. Half of the purchased T3 ESVs have been delivered to Kuwait. The other half are due to be shipped in coming weeks.
This agreement further solidifies T3 Motion's presence in the Middle East, with contractual agreements in Qatar, Iraq, Jordan, Lebanon, Saudi Arabia and the UAE. T3 ESVs will be featured at the Gulf Defense Show in Kuwait this December.
T3 Series Features
The cutting-edge green technology provides a low cost of operation, at less than 10 cents per day and two re-chargeable, swap-able batteries. The T3 has 24/7 operation with an unlimited range.
- Zero-degree turning radius
- Swap-able batteries
- Speeds up to 25 km/h, the equivalent of 15 mph
- 9-inch raised platform provides a superior vantage point
About T3 Motion, Inc.
T3 Motion, Inc. (AMEX: TTTM) revolutionized 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. Headquartered in Orange County, California, T3 Motion, Inc. is dedicated to raising the bar on environmental standards and law enforcement and security capabilities in personal mobility technology. For more information, visit www.t3motion.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the completion of this offering T3 Motion's business, which are not historical facts, are "forward-looking statements" that are not guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, among others, factors associated with market conditions and the satisfaction of customary closing conditions related to the proposed public offering. For additional information concerning these and other factors that may cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Registration Statement filed on Form S-1, as amended, and in the periodic reports the Company files from time to time with the Securities and Exchange Commission.
SOURCE T3 Motion, Inc.