Echo Automotive and Meineke Sign Installation and Service Center Agreement
Meineke Car Care Centers to Provide Installation, Service, Inspection and Repairs of Echo Automotive Products

(firmenpresse) - INDIANAPOLIS, IN -- (Marketwire) -- 03/12/13 -- (OTCQB: ECAU) ("Echo Automotive" or the "Company"), a developer of technologies enabling the cost effective conversion of existing fleet vehicles into fuel efficient hybrids, today announced the signing of an agreement with Meineke Car Care Centers, Inc. () to serve as a national service center and installer for Echo Automotive™ systems.
"We are extremely pleased to have Meineke onboard as a strategic partner," commented Jason Plotke, Echo Automotive Chairman and President. "Our relationship with Meineke greatly assists us in scaling our business through the support of this highly recognized and respected national service provider and is a tangible advantage we are delighted to offer our customers."
There are approximately 900 Meineke franchises throughout the United States, Canada, Mexico, Brazil, China, Saudi Arabia and the Caribbean. Meineke franchisees have serviced more than 50,000,000 vehicles since 1972. The American Association of Franchisees & Dealers recognized Meineke in 2001 as its first automotive industry franchisor to earn the coveted Fair Franchising Seal. Meineke regularly appears in Entrepreneur Magazine's Annual Franchise 500 (55th overall and #1 in class for 2011), a list of the 500 best franchise opportunities in America.
Echo Automotive is focused on the importance of having key vendor relationships as part of its business plan. "We view collaboration and strategic partnering as a smarter way to go to market," adds Dan Kennedy, Echo CEO. "We are an integrator and believe that having dedicated upstream and downstream partners is crucial to providing the very best solutions for our customers."
In related news, the Company wishes to remind readers of its upcoming Open House and Investor Day March 22nd scheduled for 2pm ET at the Company's Anderson, Indiana facility. Space is becoming limited, so please visit the Company website () to register (see link on the home page) or if you prefer to register in person (or have questions), please contact Investor Relations representatives David Waldman or Natalya Rudman by phone (212-671-1020 x304) or email: .
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information, visit our website at: .
(OTCQB: ECAU)
Echo Automotive, Inc. develops technologies and products designed for cost effective conversion of existing vehicles into highly fuel-efficient hybrids and plug-in hybrids. The key to Echo's strategy is the bolt-on nature of its solution that introduces little or, in some cases, no additional points of failure, making it very low risk compared to competing solutions. For more information, please visit .
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new technologies and development stage companies. These forward-looking statements are made as of the date of this news release and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our current report on Form 8-K filed October 15, 2012, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
CONTACT:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Tel: 212-671-1020 x304
Email:
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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 12.03.2013 - 13:25 Uhr
Sprache: Deutsch
News-ID 238506
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contact information:
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INDIANAPOLIS, IN
Kategorie:
Land Vehicles
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