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Indianapolis, IN–(March 19, 2013) – Echo Automotive, Inc. (ECAU) (“Echo Automotive”, “Echo” or the “Company”) a developer of technologies enabling the cost effective conversion of existing fleet vehicles into fuel efficient hybrids and plug in hybrids, announced today that it received the prestigious NTEA (National Truck Equipment Association) Editors’ Choice Award at The Work Truck Show® 2013, NTEA’s annual trade event held March 5-7 at the Indiana Convention Center in Indianapolis, Indiana.
Echo Automotive was the recipient of the award in recognition of its flagship product, the EchoDrive™ bolt-on hybrid electric kit for fleet vehicles that was showcased at the Company’s booth throughout the well-attended trade show. Echo Automotive views this award as commercial validation on how well the EchoDrive™ technology resonated with the marketplace.
“The Work Truck Show is the launching pad for dozens of new products every year,” said Steve Carey, NTEA executive director. “That our panel of trade media editors and fleet managers chose the EchoDrive bolt-on hybrid electric kit as the most innovative product introduced at the show is a testament to the product’s uniqueness and potential value to the industry.”
Echo reported positive feedback and reviews by all participants who visited their booth or enjoyed the opportunity to drive the EchoDrive™ demonstration vehicle. The Company also noted a number of sales inquiries for its EchoDrive™ product at the show, as well as strong and steady crowds in its booth. It also experienced favorable feedback from participants who drove the EchoDrive™ demonstration vehicle as part of the “Green Truck Ride-and-Drive” program at the Work Truck Show.
“Receiving the Work Truck Show 2013 Editors’ Choice Award accentuates the tremendous efforts and results from a fantastic show we had at the NTEA event,” stated Jason Plotke, Echo President. “We were advised that over 120 products were eligible for this award at the show. Consequently, we view the receipt of this award as a significant third-party market validation that EchoDrive™ is being well received by the marketplace.”
In related news, the Company wishes to remind of its Open House and Investor Day scheduled March 22nd at 2pm EST at the Company’s Anderson, Indiana facility.
“After the success at the trade show, our upcoming Investor Day announced for March 22nd is a perfect follow up to the strong showing we had at the NTEA event,” added Dan Kennedy, Echo Automotive CEO. “We are excited about continuing to showcase our product and abilities to the marketplace.”
