Vision Industries Adds Two Board Members; Expands Competitive Edge

Oct 13, 2010, 15:43 ET from Vision Industries

EL SEGUNDO, Calif., Oct. 13 /PRNewswire-FirstCall/ -- Vision Industries (OTC Bulletin Board: VIIC) is pleased to announce the addition of two new board members.  The additions of Brett D. Mayer and Scott Lambert are aimed to improve avenues of financing for Vision Industries and develop additional partnerships within the Green technology space and the media.

"Mr. Mayer and Mr. Lambert bring a wealth of experience to Vision Industries," stated Martin Schuermann, CEO for Vision Industries, "our company has never been so well positioned to take advantage of our current economic climate.  We are reaching a turning point at Vision, from research and development to commercialization.  Combined with our current team, we believe these two individuals have the pedigree and experience to take Vision to the next level."

Brett D. Mayer has worked on over $1 billion in real estate workouts, acquisitions, developments, restructurings, and financing at Heitman/JMB -- where he was responsible for various types of assets and fund creation and execution.  After departing from Heitman/ JMB, Mr. Mayer created, ran, and partially owned and raised money for two strategic joint ventures with one of the country's largest public pension funds as a lead investor, and one of the largest private developers in the country as a co-owner.  These two ventures collectively targeted $140 million in inner city neighborhood retail throughout the country.  He holds a BS of Science and Arts in Real Estate & Finance from the University of Denver, and a Masters in Communications from Loyola University.  Mr. Mayer sits on the board of USC Ross Minority Program, and ANERA, a refugee aid program.

SOURCE Vision Industries