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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?

To: WALT REISCH who wrote (3399)	3/24/1999 12:05:00 PM
From: WALT REISCH	Respond to of 8393

ADVISORY/Lee Iacocca Makes Revolutionary E-Bike Available to the Public for First Time March 24, 1999 11:16 ADVISORY...Thursday (March 25) --(BUSINESS WIRE)-- Iacocca Available for One-On-One Interviews WHAT: Lee Iacocca will join Westside auto dealer Buerge Chrysler-Jeep for the introduction of his latest venture, the E-Bike, the most advanced electric vehicle in mass production in the world. The E-Bike promises to be just the first in a series of light electric vehicles that will be distributed in the near future by Iacocca's EV Global Motors Co. through auto dealers nationwide. Buerge Chrysler-Jeep is the first dealer in the country to sell the E-Bike, which will retail for $995. Lee Iacocca will be available for personal interviews, and demonstration rides of the E-Bike will also be available. EV Global Motors personnel will be on-hand to explain the capabilities of the E-Bike and answer questions about the product. WHERE: Buerge Chrysler-Jeep 11750 Santa Monica Blvd. West Los Angeles, Calif. 90025 WHEN: Thursday, March 25 10 am to noon WHO: Lee Iacocca, the automotive visionary and driving force behind the Mustang, Mini-Van and the revitalization of Chrysler Corp., created EV Global Motors in 1997 to develop and market viable clean-running vehicles to American consumers. WHY: As we approach the 21st century, people are in search of more environmentally friendly modes of transportation. The E-Bike is designed to be virtually maintenance-free and requires no gasoline or oil. It is "fueled" by a 24-volt rechargeable battery system. The E-Bike can reach a maximum speed of 15 mph with a range of 20 miles, further if pedal-assisted. The battery can be plugged into any standard 110-volt household outlet and fully charged in four hours. CONTACT: EV Global Motors, Los Angeles George Fettig, 310/208-7076 fax: 310/208-2444 or BBPR Colleen Buerge, 310/828-7770