Press & Media Events 2011 - 2012 - Vision Motor Corp
Press & Media Events 2011 - 2012 - Vision Motor Corp
Press & Media Events 2011 - 2012 - Vision Motor Corp
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<strong>Press</strong> & <strong>Media</strong> <strong>Events</strong> <strong>2011</strong> - <strong>2012</strong><br />
USA Today - <strong>Vision</strong> Industries named a finalist for the Edison Award 03-12-<strong>2012</strong><br />
LA Business Journal: On Emission 01-30-<strong>2012</strong><br />
VIDEO: TTSI and <strong>Vision</strong> Deploy Hydrogen Powered Truck at the Port of Long Beach 01-<strong>2012</strong><br />
VIDEO: <strong>Vision</strong> Wins the LA Business Journal Innovation Award 11-<strong>2011</strong><br />
VIDEO: NBC Baltimore (WBAL TV) -- <strong>Vision</strong> featured at Hydrogen Truck Users Forum in Baltimore<br />
10-13-<strong>2011</strong><br />
VIDEO: NBC Los Angeles -- Port of Los Angeles Test New Zero-emission Big Rig 06-22-<strong>2011</strong><br />
Fleet & Fuels Show Times: <strong>Vision</strong>’s Tyrano Class 8 Hydrogen Plug-In 10-11-<strong>2011</strong><br />
Los Angeles Times: Seaport complex takes delivery of zero-emission hauling truck 07-24-<strong>2011</strong><br />
VIDEO: Port of Los Angeles - <strong>Vision</strong> Industries Hydrogen Fuel Truck <strong>Press</strong> Conference 7-22-11<br />
VIDEO: Port of Long Beach -- Pulse of the Port: Zero-emissions truck 7-22-<strong>2011</strong><br />
Daily Breeze (Torrance CA): First hydrogen-fuel big rig rolls out, heads for ports 07-22-<strong>2011</strong><br />
<strong>Press</strong> Release: <strong>Vision</strong> Industries Receives a Letter of Intent from Total Transportation Services,<br />
Inc. to Purchase 100 Class-8 Trucks 06-22-<strong>2011</strong><br />
NASDAQ Globe Newswire: Port of Long Beach and <strong>Vision</strong> Sign Agreement for Zero Emission<br />
Truck Demonstration 11-17-2010<br />
Port of Los Angeles Commissioners Approve $1,400,000 Contract for <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong> to<br />
Retrofit 15 Electric Trucks With Hydrogen Fuel Cell System 03-31-<strong>2011</strong><br />
FedEx Freight to Test <strong>Vision</strong> Industries' Zero-Emission Tyrano Truck 11-16-2009<br />
Contact Information:<br />
<strong>Vision</strong> Industries <strong>Corp</strong>oration (OTCBB: VIIC)<br />
879 W. 190th Street, Suite 457<br />
Gardena, CA 90248<br />
Direct: 310-450-0299 x205<br />
Fax: 310-450-0202<br />
www.visionmotorcorp.com<br />
Tyrano<br />
Class 8 Drayage Vehicle<br />
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Celebrating our 25th anniversaryofrecognizing innovation, honoring innovators and defining excellence<br />
in the design, developmentand marketing of new products and services,The Edison Awards symbolizethe<br />
persistenceand excellencepersonified by Thomas Alva Edison, inspiring America’s drivetoremain in<br />
the forefrontofinnovation, creativityand ingenuityinthe global economy.<br />
WINNERS WILL BE ANNOUNCED APRIL 26th, <strong>2012</strong>
USA TODAY MONDAY, MARCH 12,<strong>2012</strong> THE FORUM 9A<br />
Millennials aren’t amoral, adrift<br />
By Tom Krattenmaker<br />
To hear it from the handwringers,<br />
the up-andcoming<br />
generation cannot<br />
tell right from<br />
wrong. “Most of our young people<br />
have absolutely no concept<br />
of morality,” radio host Laura<br />
Schlessinger declared last year.<br />
Columnist David Brooks calls it<br />
“depressing” to think about today’s<br />
young adults and, as he<br />
wrote in The New York Times in<br />
September, “how bad they are at<br />
thinking and talking about moral<br />
issues.”<br />
There’s a “dark side” to young<br />
adults’ moral lives, laments the<br />
subtitle of a new book. But before<br />
we succumb to resignation<br />
or rage, it’s good to realize<br />
there’s a bright side, too. Data<br />
and innumerable examples<br />
show that today’s young adults<br />
are a generation marked by impressive<br />
social commitment and<br />
dedication to using their lives<br />
and careers for the greater good.<br />
It’s not that there’s a shortage<br />
of morality among the so-called<br />
Millennial generation, which<br />
reached adulthood post-2000. It’s just that<br />
they have different morals, and different<br />
ways of articulating them. Thank goodness.<br />
Ageneration ‘adrift’?<br />
What of that dark side, as it’s termed in a<br />
book by sociologist Christian Smith and a<br />
trio of co-authors? For Lost in Transition: The<br />
Dark Side of Emerging Adulthood,<br />
the researchers interviewed<br />
230 young adults and found a<br />
lot to worry about, including<br />
destructive behavior around<br />
alcohol and sex and a sense of<br />
morality that is ambiguous<br />
and “adrift,” as the authors put<br />
it. This is a generation, they<br />
write, of “young American<br />
men and women ... whose<br />
lives are far too often confused,<br />
disturbed, and sometimes<br />
badly damaged by some<br />
of the cultural and institutional<br />
features of emerging adulthood.”<br />
To conservative commentator Dennis<br />
Prager, this is the grim fruit of growing<br />
godlessness. “Secularism is ... terrible for<br />
society,” Prager wrote in a National Review<br />
commentary picking up on Smith’s findings.<br />
“If moral standards are not rooted in<br />
God, they do not objectively exist. ...<br />
Millions of American young people have<br />
been raised by parents and schools with<br />
‘How do you feel about it?’ as the only<br />
By Alejandro Gonzalez, USA TODAY<br />
Don’t believe the doomsday hype<br />
about this supposedly wayward<br />
generation. ‘Different’ does not<br />
mean ‘devoid.’<br />
On<br />
Religion<br />
Monday focus<br />
Faith. Religion. Spirituality.<br />
Meaning. A weekly<br />
column seeks to illuminate<br />
the national<br />
conversation. Read<br />
the series online at<br />
religion.usatoday.com<br />
guide to what they ought to do.”<br />
Isuggest we consume a few grains of salt<br />
with these bleak observations. Remember,<br />
seemingly every older generation laments<br />
the apparent waywardness of the up-andcomers.<br />
It’s not as though the current generation<br />
in charge has a handle on morality.<br />
And just as every generation has a Charles<br />
Manson or two, so also does it<br />
have a few Albert Einsteins. As<br />
one who works on a college<br />
campus teeming with socially<br />
committed young people, I’m<br />
in full view of a side of this<br />
emerging generation that<br />
might even make you optimistic.<br />
Yes, it’s true, as critics point<br />
out, that younger Americans<br />
tend to be less religiously<br />
affiliated than older generations.<br />
But data show they are<br />
nearly as likely as their elders<br />
to pray and believe in God. While their<br />
support for gay rights might suggest moral<br />
confusion to social conservatives, they are<br />
just as likely as older Americans to judge<br />
abortion morally wrong. Are these signs of<br />
ageneration with no regard for morality, or<br />
one with its own convictions about what’s<br />
right and what’s wrong?<br />
If you’re around Millennials much, you<br />
know they tend to voice their morality<br />
with more humility, even hesitation, than<br />
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the old guard. That’s partly because<br />
they are legitimately suspicious<br />
of easy answers to complex<br />
questions, and their moral<br />
compasses tell them that condemning<br />
others is rarely the<br />
right way to treat people.<br />
Depending on the issue, Millennials’<br />
morality, when you<br />
drill down to its core, can be as<br />
black and white as that of any<br />
old-school culture warrior.<br />
You’ll discover this if you talk<br />
with students on a campus like<br />
mine about the imperative to<br />
reduce carbon emissions, or to<br />
make sure ethical means of production<br />
went into the food they<br />
eat in the dining hall and the<br />
sweatshirts they buy in the college<br />
bookstore.<br />
A2010 study finds more than<br />
aquarter of college students volunteer.<br />
That’s on par with the<br />
percentage of Americans overall<br />
— and a nice counterpoint to<br />
Jersey Shore or what you might<br />
hear about the binge drinking<br />
and sexual hook-ups that pervade<br />
college campuses.<br />
As for the devoutly Christian<br />
members of the Millennial generation<br />
(There are still quite a few.), you<br />
will not hear them shouting about the need<br />
to elect conservative politicians and “take<br />
back America for Christ,” in the parlance of<br />
their more outspoken evangelical elders. In<br />
my encounters with younger Christians,<br />
they’re very serious about Jesus, but intent<br />
on channeling that conviction less toward<br />
hard-edged politics and more toward service<br />
to their community and world.<br />
Ashifting Focus<br />
Gary Schneeberger of Focus on the Family<br />
— an organization long associated with<br />
conservative politics and religion — speaks<br />
of Millennials as a generation that looks to<br />
religion as a force for tolerance and “peace<br />
in society,” not fighting culture war battles.<br />
Hearing someone like Schneeberger elaborate<br />
on Millennials, you might even start<br />
feeling good about the correctives this new<br />
generation is bringing to a society plagued<br />
by hyper-individualism and greed. Millennials<br />
care about “social justice issues,” the<br />
Focus official notes, and they long to be<br />
part of a larger cause. Does that sound like<br />
amorally clueless generation? Or one that<br />
could be our best hope?<br />
Tom Krattenmaker is a Portland-based writer<br />
and a member of USA TODAY’s Board of<br />
Contributors. His next book explores how<br />
younger evangelicals are changing the face of<br />
faith in American culture and politics.<br />
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Candidate media-bashing<br />
popular, but a losing tactic<br />
By Peter Funt<br />
An unsavory element in the<br />
current Republican presidential<br />
campaign is the overt contempt<br />
candidates are showing for the<br />
news media. Yes, the media are<br />
easy, sometimes deserving targets,<br />
and huffy outbursts against<br />
journalists during debates usually<br />
bring cheers from the crowd and<br />
could help fundraising. But as a<br />
strategy, it’s misguided.<br />
Though the season of GOP<br />
presidential debates has ended,<br />
the candidates continue<br />
to fire away.<br />
When Rick Santorum<br />
was asked by Charlie<br />
Rose on CBS about the<br />
controversial statement<br />
of his top Super<br />
PAC supporter regarding<br />
contraception, the<br />
candidate turned on<br />
the host: “This is the<br />
same gotcha politics<br />
that you get from the<br />
media, and I’m just<br />
not going to play that<br />
game,” he snapped.<br />
The shoot-the-messenger<br />
tactic doesn’t often faze<br />
reporters, most of whom tend to<br />
have pretty thick skins. If anything<br />
it undermines the integrity,<br />
such as it is, of the campaign,<br />
while diminishing the candidates.<br />
What works for speakers<br />
As a longtime observer of the<br />
human condition and our culture,<br />
I’ve found the most persuasive<br />
and trusted speakers are those<br />
who respond candidly, and positively,<br />
to all questions.<br />
Sure, by showing contempt for<br />
reporters, the GOP contenders are<br />
throwing red meat to the most<br />
conservative voters, as reflected<br />
in a Pew Research Center poll<br />
showing 74% of Tea Party<br />
Republicans believe there is “a<br />
great deal of political bias” in<br />
campaign news coverage. Sarah<br />
Palin popularized the label “lamestream<br />
media,” to energize her<br />
conservative base.<br />
But the wider campaign strategy<br />
does not represent the views of<br />
the public at large. That Tea Party<br />
poll figure is double the percentage<br />
within the general population,<br />
and more than double the<br />
concern among independent voters.<br />
With few exceptions, GOP<br />
candidates have been treated fairly<br />
by reporters and moderators<br />
from the major cable networks.<br />
<strong>Media</strong> vet candidates<br />
Moreover, the news media<br />
have a job to help vet presidential<br />
candidates for American viewers.<br />
Was CNN’s John King right to ask<br />
Newt Gingrich in a debate about<br />
that day’s headline-dominating<br />
comments from the candidate’s<br />
former wife about their failed<br />
marriage? Of course.<br />
Was it fair game for Rose to ask<br />
Santorum about his<br />
adviser’s comment on<br />
contraception? Naturally.<br />
And did Mitt Romney<br />
gain anything by<br />
dodging a question in<br />
the last CNN debate by<br />
saying: “You get to ask<br />
the questions you<br />
want; I get to give the<br />
answers I want”? Cer-<br />
tainly not.<br />
Voters can decide<br />
for themselves<br />
whether the issue is<br />
one that influences<br />
their vote. It’s one thing for a<br />
candidate to appear to field a<br />
question while really sidestepping<br />
it. But it’s another to pointedly<br />
declare that you don’t respect<br />
the process enough even to pretend<br />
to answer.<br />
Gingrich has gone a step further<br />
by making the outlandish pledge<br />
that, if nominated as the GOP<br />
presidential nominee, he would<br />
refuse to participate in any debates<br />
against President Obama if<br />
the moderators were reporters.<br />
Perhaps in lashing out at journalists,<br />
some politicians seek to show<br />
toughness and fighting spirit. But<br />
sniping at reporters plays into the<br />
networks’ hands because such<br />
outbursts only help ratings.<br />
As for winning votes, another<br />
Pew study last fall underscored<br />
the problem with blasting journalists.<br />
While 59% of Americans<br />
trust the information they get<br />
from the news media, only 29%<br />
trust what they hear from the<br />
source that complains about the<br />
media the most — candidates running<br />
for office.<br />
The Washington Post<br />
Santorum: Ex-senator<br />
of Pennsylvania.<br />
Peter Funt is a writer and speaker.<br />
He can be reached at Candid-<br />
Camera.com.<br />
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Celebrating our 25th anniversaryofrecognizing innovation, honoring innovators and defining excellence<br />
in the design, developmentand marketing of new products and services,The Edison Awards symbolizethe<br />
persistenceand excellencepersonified by Thomas Alva Edison, inspiring America’s drivetoremain in<br />
the forefrontofinnovation, creativityand ingenuityinthe global economy.<br />
WINNERS WILL BE ANNOUNCED APRIL 26th, <strong>2012</strong>
LOSANGELESBUSINESS JOURNAL<br />
Volume 34, Number 5 THE COMMUNITY OF BUSINESS January 30 - February 5, <strong>2012</strong> • $3.00<br />
TM<br />
Up<br />
Front<br />
Why Jacques<br />
Tizabi’s radiation<br />
detectors are<br />
clicking. PAGE 3<br />
News &<br />
Analysis<br />
Soon-to-open<br />
Red Building is<br />
feeling mighty<br />
blue. PAGE 12<br />
People<br />
How Martin<br />
Schuermann<br />
went from movies<br />
to hydrogen<br />
trucks. PAGE 15<br />
MAIL TO:<br />
By JONATHAN POLAKOFF Staff Reporter<br />
S<br />
OME 2,000 people showed up to the Wiltern<br />
Theater in December and paid up to $120 to<br />
see Drunken Tiger, Yoon Mi Rae and Bizzy<br />
perform live.<br />
It was enough to fill the theater, but it was nothing<br />
compared with the 18,000 people who packed<br />
the Staples Center to see Girls’ Generation and Super<br />
Junior sing and dance to heavy bass and synthesizers.<br />
So who are these artists you almost certainly have<br />
never heard who bring screaming masses to their feet?<br />
They are part of the latest musical craze:<br />
labusinessjournal.com<br />
Forced-LaborLawBindsBusiness?<br />
REGULATION: Companies<br />
fear state act will spur lawsuits.<br />
By BETHANY FIRNHABER Staff Reporter<br />
Large local retailers and manufacturers have<br />
been adding elements to their websites in recent<br />
weeks: prominent links explaining the steps they’ve<br />
taken to identify and eliminate any forced labor in<br />
their supply chains.<br />
They’re doing it because they must comply with<br />
a state law that took effect Jan. 1. But some businesses<br />
are concerned that by following the new law,<br />
they’re making themselves targets for lawsuits.<br />
The new California Transparency in Supply Chains<br />
Act requires retailers and manufacturers with more than<br />
$100 million in annual revenue and a significant presence<br />
in the state to disclose publicly their efforts to identify<br />
any suppliers or subsuppliers that use forced labor or<br />
human trafficking, and what the company is doing to<br />
eradicate it. They don’t necessarily have to do anything<br />
other than disclose what steps they’ve taken, if any.<br />
But some local businesses and lawyers say the<br />
new act allows citizens and activists to sue companies<br />
under the law, which means the companies<br />
Please see REGULATION Page 49<br />
Booming<br />
Base<br />
Music Man: Powerhouse’s<br />
C.S. Hah at Nokia Theater.<br />
Korean pop a high-volume import in L.A.<br />
imported Korean pop music, or K-Pop.<br />
Its epicenter is Los Angeles and the man<br />
behind the movement is C.S. Hah, founder of Miracle<br />
Mile concert promoter Powerhouse, who has<br />
made the unlikely transition from newspaper<br />
reporter to the premier promoter of K-Pop.<br />
Los Angeles is home to some 300,000 Koreans,<br />
the largest immigrant community outside of<br />
that country, but even Hah has been taken aback<br />
by how quickly K-Pop has caught on – and not<br />
just with ethnic fans. He recalls selling 7,000 tick-<br />
Please see MUSIC Page 52<br />
RINGO H.W. CHIU/LABJ<br />
Counsel: Steptoe & Johnson’s Richard Reinis.<br />
RINGO H.W. CHIU/LABJ<br />
Electric Trucks<br />
Seek Euro Spark<br />
AUTOMOTIVE: Maker Balqon<br />
looks abroad after port bellyflop.<br />
By JAMES RUFUS KOREN Staff Reporter<br />
When Balqon <strong>Corp</strong>. sold its expensive and<br />
experimental electric trucks to the Port of Los<br />
Angeles a few years ago, it hoped companies that<br />
tested the vehicles would buy more.<br />
But operators didn’t like the trucks, finding their batteries<br />
ran out quickly while hauling heavy loads. So they<br />
parked them despite the port’s $6.4 million investment.<br />
Now, the Harbor City company is betting it can<br />
revive its fortunes with a better battery – and by<br />
leveraging sky-high European diesel prices.<br />
Balqon is supplying its electric drive trains to<br />
Belgian truck maker Mol Transport Solutions for<br />
sale in Europe, where Balqon Chief Executive Balwinder<br />
Samra believes diesel prices are high enough<br />
Please see AUTOMOTIVE Page 50<br />
Water Firm Dips<br />
Toe Back in Desert<br />
UTILITY: New client prompts<br />
Cadiz to revive aquifer project.<br />
By HOWARD FINE Staff Reporter<br />
More than a decade after its first plan to create a<br />
Mojave Desert water storage project collapsed amid<br />
environmental uproar, Cadiz Inc. is gaining<br />
momentum with a second try that the company<br />
hopes doesn’t turn into another mirage.<br />
The L.A. holding company has been trying for<br />
nearly two decades to develop a water storage and<br />
sales project for an aquifer under its 45,000-acre<br />
holdings east of the Twentynine Palms Marine<br />
<strong>Corp</strong>s Air Station. The company plans to sell the<br />
water to distributors across Southern California.<br />
Now, it seems to be making progress. In recent<br />
weeks, Cadiz has signed up a sixth water distributor<br />
to participate in the project. That gives the company<br />
Please see UTILITY Page 50
JANUARY 30, <strong>2012</strong> PEOPLE<br />
LOS ANGELES BUSINESS JOURNAL 15<br />
On Emission The<br />
By JAMES RUFUS KOREN Staff Reporter<br />
WHEN he first left Germany to<br />
come to business school in Los<br />
Angeles, Martin Schuermann<br />
thought he was headed west for<br />
the beach. Instead, his cab driver took him to<br />
Azusa, as in Azusa Pacific University in the<br />
San Gabriel Valley. That was just the first of<br />
several unexpected turns that led Schuermann,<br />
who thought he would be a banker in Germany,<br />
to become the chief executive of <strong>Vision</strong><br />
<strong>Motor</strong> <strong>Corp</strong>., an El Segundo company that is<br />
developing experimental electric trucks. Unlike<br />
most electric trucks, <strong>Vision</strong>’s vehicles use a<br />
hydrogen fuel cell to charge batteries on the<br />
go. It’s interesting stuff and quite a switch for<br />
Schuermann, who previously had been in the<br />
entertainment industry, working for actor Don<br />
Johnson, German media conglomerate Bertelsmann<br />
AG and Hollywood film production<br />
company Intermedia Entertainment. He also<br />
has a celebrity wife: former MTV VJ Downtown<br />
Julie Brown. Schuermann met with the<br />
Business Journal at his El Segundo office to<br />
talk about how he owes his job to his spouse,<br />
how me made the switch from show business<br />
and how he plans to revolutionize trucking.<br />
Question: You almost certainly are the<br />
only guy running a truck company that<br />
was once in the movie industry. How did<br />
you get into Hollywood.<br />
Answer: I was finishing my M.B.A. thesis in<br />
1991 and, through this internship at a film<br />
company, I ran into Don Johnson. Don and I<br />
became good friends, so in ’92, Don basically<br />
invites me to come to his company – Buffalo<br />
Wallet Productions.<br />
Is that why you came to the U.S., to get<br />
into the entertainment industry?<br />
No, I had my eyes on banking. I did a bank<br />
apprenticeship in Germany and studied international<br />
business at University of Munster, so I<br />
really wanted to stay on the business side. My<br />
plan was to come here and get an M.B.A.,<br />
maybe a year and a half of practical training at<br />
an investment bank in L.A., and then get back<br />
to Germany. But, you know, I got stuck.<br />
Where’d you get your M.B.A.?<br />
That’s a funny story, actually.<br />
I’m all ears.<br />
There was this supposedly Los Angeles university<br />
called Azusa Pacific University.<br />
Yes, in the heart of Los Angeles …<br />
Exactly. (Laughs.) So they were promoting<br />
their M.B.A. program at the University of<br />
Munster and I figured this must be a good<br />
school to go to. I applied, I got accepted and<br />
basically jumped right in.<br />
When did you realize how far from L.A. it<br />
was?<br />
I arrived at LAX and jumped in a cab and showed<br />
the cab driver the address. He looks at me and<br />
says, ‘Are you sure you don’t want to take a shuttle?’<br />
I said, ‘No, take me to this address.’ So he<br />
gets on the freeway and he turns east. After like 40<br />
minutes, I say, ‘Hey man, the beach is that way!’<br />
So you hadn’t looked this up beforehand?<br />
Well, keep in mind, back then we didn’t have<br />
Google maps and things. It was not as easy to<br />
do. I probably could have done a little more<br />
research (laughs), but I was so excited.<br />
What was Azusa like?<br />
It’s a pretty Spanish neighborhood. Coming<br />
from Germany, that’s a real culture shock. I was<br />
like, ‘Wow, people speak more Spanish than<br />
English.’ My roommate, who was also from<br />
University of Munster, he and I had the same<br />
reaction and decided we had to do something.<br />
Like what?<br />
We made sure to finish our classes in Azusa<br />
before September, and then made a deal with<br />
the dean there that we could do the rest of our<br />
classes at UCLA. So we were done with Azusa<br />
by the summer and we could move to the<br />
beach. We became roommates in Marina Del<br />
Rey and finished our M.B.A.s from there.<br />
Did you feel like you’d been duped?<br />
I think there was a bit of false advertisement.<br />
There should have been some disclaimer, but I<br />
don’t regret it. It was fun. It was an experience.<br />
So exactly how did you run into Don Johnson,<br />
and what made you guys hit it off?<br />
I loaned money to a company that was developing<br />
a project with him and Melanie (Griffith),<br />
so I had the pleasure to participate in private<br />
meetings with Don and his agent. That’s<br />
how we met, and we just hit it off. We traveled<br />
together quite extensively. He’s a very smart,<br />
very fun guy.<br />
How much did you loan the project?<br />
I think it was $125,000.<br />
Where’d a young guy get that kind of<br />
money?<br />
It was savings. I always worked; I always<br />
made money. My family is well-off, but we<br />
also have always learned to budget and put<br />
away money.<br />
What did you do?<br />
During my high school time, I always worked<br />
on the side as a roadie. I did that all the way<br />
through undergraduate studies.<br />
Work for any big bands?<br />
Oh, yeah. I worked for the largest lighting company,<br />
at the time, in Germany. So we had every<br />
big act, from Michael Jackson to Pink Floyd to<br />
ports’ clean truck programs drove German<br />
immigrant Martin Schuermann to switch from<br />
show business to the electric vehicle industry.<br />
RINGO H.W. CHIU/LABJ<br />
Under the Hood: <strong>Vision</strong> <strong>Motor</strong> Chief Executive Martin Schuermann at the electric vehicle maker’s facility in El Segundo.<br />
Martin Schuermann<br />
TITLE: Chief Executive<br />
COMPANY: <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>.<br />
BORN: Hamm, Germany; 1965.<br />
EDUCATION: Studied international business<br />
at University of Munster; M.B.A. from Azusa<br />
Pacific University.<br />
CAREER TURNING POINT: Meeting actor<br />
Don Johnson in 1991 and going to work for<br />
him.<br />
MOST INFLUENTIAL PEOPLE:<br />
Am.b.a.ssador Steven Green, a friend since<br />
1993 and<br />
former U.S. am.b.a.ssador to Singapore. His<br />
father, Karl Heinz Schuermann, “who has the<br />
strongest moral values of anybody I have<br />
ever met.”<br />
PERSONAL: Lives with his wife, Julie, and<br />
daughter, Gianna, in Marina Del Rey. “All<br />
Europeans are living as close as possible to<br />
the beach.”<br />
ACTIVITIES: Running, snowboarding, skiing,<br />
wakeboarding.<br />
Tina Turner. They would all rent from this company.<br />
It was great: free concerts and you get paid<br />
What did your parents do?<br />
My father had a large slaughterhouse, or<br />
butcher shop. He made sausages. The slogan<br />
was, “Schuermann’s sausages in everybody’s<br />
mouth.” In German, it sounds much better.<br />
When he was 40 and I was 15, he retired. He<br />
sat my brother and I down and asked us if we<br />
wanted to take over that business. We both<br />
weren’t really interested in dead animals, so he<br />
decided to sell. Then he invested in real estate.<br />
What did a young guy like you exactly do<br />
for Don?<br />
I was the executive vice president of his pro-<br />
duction company, so I was basically the<br />
financial guy. We made relationships with<br />
Bertelsmann networks, and there were developments<br />
we did with Bertelsmann’s film arm.<br />
I opened up for him the international market.<br />
Was the project you loaned money to ever<br />
produced?<br />
(Laughs). Of course not. That was my first<br />
attempt. I guess I paid the tuition for it, too.<br />
So how long did you work for Don?<br />
We did a TV show called “The Marshal,” and<br />
did work on some of the movies Don was working<br />
on. Then in ’95 we sold “Nash Bridges” to<br />
CBS. At that point, Bertelsmann approached<br />
me to represent them here in the U.S., so I<br />
thought it might be a good time for a change.<br />
How long were you there?<br />
I was there until 2000; until I met Julie.<br />
Julie being, of course, your wife, former<br />
MTV VJ Downtown Julie Brown. How’d<br />
you meet?<br />
We met in April 2000. I remember it because I<br />
was standing with the owner of a popular<br />
restaurant and nightclub in Hollywood. I was<br />
standing right at the entrance. In walks my<br />
future wife. And my friend just basically greets<br />
her, he shows her to a booth and then comes<br />
back to me to continue the conversation. And I<br />
basically said, ‘How rude of you. You just<br />
greeted this beautiful woman and you didn’t<br />
introduce me.’<br />
So he took you over to her?<br />
He walked me over to the booth and said, “I’m<br />
sorry I didn’t introduce you. This is my friend<br />
Martin. Martin, this is Julie.” Several hours<br />
later of long talk, her car got lost in valet. We<br />
ended up sitting in my car for another hour and<br />
a half until 2 in the morning until the valet<br />
located her car. I called her actually that night,<br />
breaking every rule in the singles book.<br />
Please see page 16
16 LOS ANGELES BUSINESS JOURNAL PEOPLE JANUARY 30, <strong>2012</strong><br />
Continued from page 15<br />
You mean later that same morning?<br />
Yeah. I called her and invited her to breakfast.<br />
She didn’t make it to breakfast, but we had<br />
brunch together. That started the relationship.<br />
We basically have spent almost every single<br />
day together after that.<br />
Did you know who she was when she<br />
came into the club?<br />
No. I came to the U.S. in 1990, and so I really<br />
grew up with the MTV of Europe. We had<br />
completely different VJs. I was not familiar<br />
with her work on television at all. I’m a fairly<br />
shy person, I probably wouldn’t have had the<br />
balls to tell my friend to introduce me to this<br />
beautiful woman if I knew she was a celebrity.<br />
So after more than 10 years in Hollywood,<br />
how did <strong>Vision</strong> get on your radar?<br />
My wife and several of her girlfriends (were<br />
getting together). I just happened to come along.<br />
The only other guy within this group of women<br />
was Lawrence Weisdorn (a <strong>Vision</strong> founder).<br />
So you both kind of got dragged along by<br />
your wives?<br />
Yeah, and naturally we started talking and he<br />
started pitching the idea. At that time, I was<br />
still actively running Intermedia.<br />
What was the pitch?<br />
The original two guys that basically bred this<br />
idea of an electric drive train in combination<br />
with hydrogen fuel cells, they developed a<br />
drive train they had installed in a Hummer.<br />
Lawrence showed me the actual Hummer.<br />
Julie’s first response was, “I want one.” She’s<br />
like, “I like the Hummer, it’s just you can’t<br />
drive it anywhere because you get flipped off.”<br />
When did you start thinking seriously<br />
about the company?<br />
At that first meeting, he got my attention, but I<br />
also said, “Look, how much does that cost?<br />
Role Player: Left, Schuermann with wife, Julie Brown, and daughter, Gianna, in 2002. With Don Johnson in Berlin in 1997.<br />
Who’s going to buy a $200,000 Hummer and<br />
where do you fill it up? It’s an interesting science<br />
project, but I don’t know where your<br />
market is.”<br />
When was this?<br />
That was in 2007. Then in mid-2008, the ports<br />
basically announced they need to clean up the<br />
air and they announced this clean truck program.<br />
Then we sat down and started discussing,<br />
can this work in real heavy-duty<br />
trucks? At that point, I became interested<br />
because now there’s a market.<br />
Is there?<br />
They make sense at the ports. If you buy a<br />
Hummer, you want the convenience of filling it<br />
up wherever you are and driving it wherever<br />
you want. But with trucks at the ports, there are<br />
these routes that are predesigned, and they all<br />
come back to one central spot, the ports.<br />
You’re not an engineer, so what do you<br />
bring to this?<br />
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LOS ANGELES BUSINESS JOURNAL’S<br />
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I think the business sense is important. If you<br />
look at early hydrogen vehicles, they’re the<br />
brainchild of a group of engineers. They don’t<br />
care about the money. They basically design<br />
something they think is great and can do<br />
everything without thinking about a potential<br />
market.<br />
How much does one of your trucks cost?<br />
The base model is $270,000. But right now,<br />
we’re making them in onesies and twosies.<br />
When you streamline the production and<br />
streamline the vendor supplies, you can definitely<br />
shave some cost off the vehicle.<br />
What’s your goal for <strong>Vision</strong>?<br />
I want to become a supplier to the big truck<br />
manufacturers and supply our components so<br />
they can offer it to their buyers.<br />
Is your wife involved in your work much?<br />
We’re both involved in each other’s. She’s<br />
doing a lot of work for Billboard and I kind of<br />
help her on the business side, how to position<br />
certain shows they’re developing together. And<br />
she gives me her input on what’s going on here.<br />
What do you do together that’s not work?<br />
We like to travel. We used to go sailing quite<br />
a bit, but we actually sold the boat about two<br />
years ago. And we like to just sit with<br />
friends. Julie has a very eclectic group of<br />
friends.<br />
I can only imagine.<br />
Well, imagine a Christmas party with proclaimed<br />
atheist Bill Maher and Larry David<br />
and about 50 others.<br />
That could be a movie right there.<br />
When Julie said, ‘Bill’s having a Christmas<br />
party, let’s go,’ I said, ‘Absolutely, yes.’<br />
Christmas and Bill Maher in one sentence? I<br />
thought, I need to be there just to see what he<br />
has in mind.<br />
And?<br />
It was a blast.
<strong>Vision</strong>’s Tyrano Class 8 Hydrogen Plug-In | Fleets & Fuels ShowTimes Magazine<br />
Home About ShowTimes Fleets & Fuels Newsletter Past Event Coverage<br />
<strong>Vision</strong>’s Tyrano Class 8 Hydrogen Plug-In<br />
October 11, <strong>2011</strong><br />
Total Transportation Services, Inc.<br />
president Vic La Rosa (left) and<br />
<strong>Vision</strong> Industries CEO Martin<br />
Schuermann with Freightliner<br />
Cascadia-chassis Hydrogenics<br />
hydrogen fuel cell Tyranno truck at<br />
the FedEx-hosted APEC USA <strong>2011</strong><br />
event at the Oakland International<br />
Airport on September 13. The<br />
zero-emissions Class 8 truck for<br />
port drayage work has a Siemens<br />
drivetrain and three 17.3- by 80inch<br />
fuel cylinders by Worthington<br />
Cylinders/SCI pressurized to an<br />
unusual 6,250 psi. <strong>Vision</strong> and its<br />
<strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong> affiliate have<br />
publicized a letter of intent from<br />
TTSI for 100 Tyrano trucks for<br />
approximately $27 million (F&F,<br />
August 1).<br />
“Today we celebrate the birthplace of the<br />
hydrogen economy and zero-emission<br />
transportation,” Martin Schuermann, CEO of<br />
<strong>Vision</strong> Industries said as the first of 100 or<br />
http://showtimesdaily.com/htuf-<strong>2011</strong>/visions-tyrano-class-8-hydrogen-plug-in[2/6/<strong>2012</strong> 4:17:54 PM]<br />
1<br />
tweet<br />
retweet<br />
even 400 Class 8 fuel cell tractors was delivered in July<br />
to Rancho Dominguez, Calif.-based Total Transportation<br />
Services, Inc. (Booth 804).<br />
“This single truck was built for $270,000,” TTSI<br />
president Vic La Rosa told Fleets & Fuels.<br />
A vehicle design using lots of lithium batteries and a<br />
smaller fuel cell makes it possible, they say. “It’s a big<br />
difference in system architecture,” says Schuermann.<br />
“We get by with a much smaller fuel cell,” he says – 33<br />
kilowatts as compared to 150 kilowatts in a fuel cell<br />
transit bus.<br />
According to La Rosa, the fuel cell accounts for about<br />
$50,000 of the current $270,000 tab.<br />
“We’re trying to get these vehicles down to $200,000,”<br />
Schuermann says.<br />
The Tyrano is built on a Freightliner (Booth 300)<br />
Cascadia chassis with a 33-kilowatt Hydrogenics fuel<br />
cell, with Siemens (Booth 302) motors and driveline<br />
electronics governed by <strong>Vision</strong> software making for the<br />
equivalent of a 536-peak-horsepower (3,300 foot<br />
pounds peak torque) engine.<br />
The truck’s hydrogen fuel tanks are provided by<br />
Worthington Cylinders/SCI. Three 17.3- by 80-inch<br />
tanks are pressurized to an unusual 6,250 psi. The<br />
vehicle has lithium ion batteries with an integrated<br />
battery management system.<br />
The Tyrano vehicle is to perform typical drayage operations, hauling freight containers<br />
from terminals in the Ports of Los Angeles and Long Beach.<br />
Tags: Class 8, Freightliner Cascadia, hydrogen fuel cell, Hydrogenics, plug-in., Siemens, Total<br />
Transportation Services Inc, TTSI, Tyrano, <strong>Vision</strong> Industries, Worthington Cylinders, Worthington-SCI<br />
This entry was posted on October 11, <strong>2011</strong> at 12:38 pm and is filed under HTUF <strong>2011</strong> - Hybrid Truck Users<br />
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Zero-emission heavy-duty hauling rig at L.A. and Long Beach ports: Seaport complex takes delivery of zero-emission hauling rig - latimes.com<br />
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The heavy-duty rig, which will transport cargo between the ports of L.A. and Long Beach and<br />
Inland Empire warehouses and distribution centers, runs on electric batteries powered by a<br />
hydrogen fuel cell.<br />
The Tyrano is the world's first zero-emission, heavy-duty hauling rig powered by a hydrogen fuel cell, according to<br />
the ports of Los Angeles and Long Beach. The nation’s busiest seaport complex accepted delivery of a Tyrano on<br />
Friday for an 18-month test. (Mariah Tauger, Los Angeles Times / July 23, <strong>2011</strong>)<br />
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By Ronald D. White, Los Angeles Times<br />
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Seaport complex takes delivery of zero-emission<br />
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An El Segundo company aims to help the nation's busiest<br />
seaport complex advance its green technology efforts by<br />
providing zero-emission trucks for heavy-duty hauling.<br />
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Zero-emission heavy-duty hauling rig at L.A. and Long Beach ports: Seaport complex takes delivery of zero-emission hauling rig - latimes.com<br />
California gas prices aren't among<br />
nation's highest<br />
Traffic at L.A. and Long Beach ports<br />
falls in June<br />
Gas prices aren't likely to drop much<br />
more this summer<br />
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Executives from <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>. delivered a heavy-duty<br />
hauling truck Friday to one of the port complex's most<br />
important cargo haulers, Total Transportation Services Inc. of<br />
Rancho Dominguez.<br />
The Tyrano class 8 rig looks like any other big rig, but a<br />
hydrogen fuel cell powers an electric drive, emitting only<br />
water from the tailpipe. The ports of Los Angeles and Long<br />
Beach are billing it as the world's first zero-emission heavyduty<br />
hydrogen rig. If it performs to expectations during an 18month<br />
test, Total Transportation plans to order at least 100<br />
more.<br />
Experts said the venture could set the stage for a new era in<br />
green cargo movement.<br />
Fleets of zero-emission trucks with the range to deliver cargo<br />
to the Inland Empire's warehouses and distribution centers<br />
would "eliminate one of the principal objections neighbors<br />
and governments have when freight and logistics are a major<br />
part of the local economy — that's the problem of diesel<br />
emissions," said economist John Husing, whose firm,<br />
Economics & Politics Inc., tracks international trade.<br />
The Tyrano uses a combination of technologies to operate<br />
with an expected range of 200 miles, said Rudy Tapia, vice<br />
president for business development for <strong>Vision</strong> <strong>Motor</strong>. The<br />
power flows through electric batteries, which are kept charged<br />
by a hydrogen fuel cell. No fossil fuels are used in the truck.<br />
"Up and above the benefit of zero emissions, we at TTSI feel<br />
that this fuel format is the only true way to break our<br />
dependence on imported fuel. Hydrogen is the most abundant<br />
resource on the planet," said Vic La Rosa, president of Total<br />
Transportation , a hauling and logistics company that moves<br />
freight and provides warehousing and rail service and handles shipments through seaports in Los<br />
Angeles, Long Beach, San Diego, Seattle, Tacoma, Wash., and Norfolk, Va.<br />
Getting Total Transportation onboard for the test was a big boost, said Martin Schuermann, chief<br />
executive of <strong>Vision</strong> <strong>Motor</strong>.<br />
"It underlines our assumptions that there are multiple commercial applications for our hydrogen<br />
powered zero-emission big rigs in today's trucking industry," Schuermann said.<br />
Officials at the ports of Los Angeles and Long Beach have a lot riding on the outcome. The nation's<br />
largest and second largest cargo container ports, respectively, put up $425,000 in seed money for the<br />
development of the <strong>Vision</strong> <strong>Motor</strong> truck through their joint Technology Assistance Program, which has<br />
an annual budget of $1.5 million. The program has funded several projects, including a hybrid diesel<br />
tugboat from Seattle-based Foss Maritime Co.<br />
"We really want to see the truck put through the paces to see how durable the fuel cell system is," said<br />
Heather Tomley, director of environmental planning for the Port of Long Beach. "We're hoping that it<br />
works as well as they think it will."<br />
In addition to the on-road Tyrano, Total Transportation will test a <strong>Vision</strong> <strong>Motor</strong> truck more like the<br />
common terminal tractor, designed to move containers inside the ports.<br />
Kevin Maggay, air quality supervisor for the Port of Los Angeles, said its green technology efforts so<br />
far, including the introduction of fuels that pollute less than earlier versions, were just the beginning.<br />
http://www.latimes.com/business/la-fi-0723-hydrogen-truck-<strong>2011</strong>0723,0,7944791.story[7/24/<strong>2011</strong> 10:26:35 PM]<br />
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Zero-emission heavy-duty hauling rig at L.A. and Long Beach ports: Seaport complex takes delivery of zero-emission hauling rig - latimes.com<br />
"We have made great strides in reducing emissions, but we need to go further and we have to find<br />
new technologies to get us there," Maggay said. "Clean diesel does not get us there."<br />
<strong>Vision</strong> <strong>Motor</strong>'s business plan may have tapped into a way to avoid the problem all small start-ups<br />
face — the inability to rapidly scale up to major factory production levels. It's not building the trucks.<br />
It's using Freightliner to provide the chassis and cab. It's not building the electric motor, which is<br />
made by Siemens. The fuel cell is made by Hydrogenics Canada. <strong>Vision</strong> <strong>Motor</strong> will deliver the<br />
proprietary software to make the systems work together, Tapia said.<br />
"We go with best of breed for the components for the best performance and durability and for the<br />
lowest costs," Tapia said. "It's the most capital efficient way to go."<br />
ron.white@latimes.com<br />
Copyright © <strong>2011</strong>, Los Angeles Times<br />
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Zero-emission heavy-duty hauling rig at L.A. and Long Beach ports: Seaport complex takes delivery of zero-emission hauling rig - latimes.com<br />
Nobody has seemed to notice the zero-emission cruise ships in the LA Harbor recently. Zeroemission<br />
taxis and buses and go with them. Also there is the empty parking lots too. I am not<br />
sure what the missing cruise ships does to the Port of LA wallet but the air is currently much<br />
cleaner for now.<br />
No Suchthing at 8:47 AM July 23, <strong>2011</strong><br />
For decades, diesels were practically unregulated, it would cost less just turn off the worst of<br />
the worst.<br />
http://californiawatch.org/dailyreport/state-rolls-back-diesel-pollution-limits-7356<br />
Where did they get the hydrogen from ? Everybody knows that's the problem yet the author<br />
says nothing about it ? What is the net energy gain or loss from the process ? People for 30<br />
years have asking the net energy gain for alternative energy.<br />
We can no longer afford the government pay to play around with toys like this. End ALL<br />
subsidies now.<br />
NoHopeLeft at 8:45 AM July 23, <strong>2011</strong><br />
How much energy does the creation and distribution of the reactant and oxidants use?<br />
After fire, a young man's life<br />
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visitors<br />
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good and the bad<br />
http://www.latimes.com/business/la-fi-0723-hydrogen-truck-<strong>2011</strong>0723,0,7944791.story[7/24/<strong>2011</strong> 10:26:35 PM]<br />
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First hydrogen-fuel big rig rolls out, heads for ports - The Daily Breeze<br />
Advertisement<br />
http://www.dailybreeze.com/business/ci_18532764[2/6/<strong>2012</strong> 3:36:35 PM]<br />
Print Email Font Resize<br />
First hydrogen-fuel big rig rolls out, heads for<br />
ports<br />
By Art Marroquin Staff Writer<br />
Posted: 07/22/<strong>2011</strong> 06:21:57 PM PDT<br />
Updated: 07/22/<strong>2011</strong> 06:40:28 PM PDT<br />
The world's first big rig powered by<br />
electricity generated from hydrogen fuel<br />
cells rolled out of an El Segundo<br />
manufacturing plant on Friday and headed<br />
to the ports of Los Angeles and Long<br />
Beach.<br />
<strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>.'s zero-emissions truck<br />
will undergo a yearlong series of rigorous<br />
tests at the twin port complex by Total<br />
Transportation Services Inc., a Rancho<br />
Dominguez-based freight hauler.<br />
The demonstration is part of the Clean Air<br />
Action Plan enacted in November 2006,<br />
which calls for examining technology that<br />
will significantly cut pollution in San Pedro<br />
Bay.<br />
"At the Port of L.A. and the Port of Long<br />
Beach, we are taking our position, in a<br />
small way, to begin the alternatives that<br />
are necessary for our entire country and<br />
the entire world," said Dave Arian, a Los<br />
Angeles harbor commissioner.<br />
<strong>Vision</strong> Industries, in El Segundo, turned over keys to the world's first zero<br />
emission hydrogen fuel cell truck Friday during a ceremony at it's El<br />
Segundo headquarters. President and CEO Martin Schuermann discusses the<br />
truck with attendees. (Steve McCrank / Staff Photographer)<br />
"It's very difficult to develop something like this when you're up against corporations that want to keep the same<br />
operations in place because that's the way they make their money," Arian said. "Companies like (<strong>Vision</strong>) are<br />
innovative, set a new style, set a new trend in the face of a new economy for America."<br />
<strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>. has spent five years developing hybrid trucks and rolled the first successful model out of its<br />
El Segundo manufacturing plant in April 2009.<br />
At a cost of $270,000 each, the <strong>Vision</strong> Tyrano is an electric truck that runs on a battery recharged by a<br />
hydrogen fuel cell. No air pollution is spewed from the<br />
million.<br />
"We believe, based on testing, that the<br />
power and maintenance and fuel costs will<br />
far exceed any truck on the road today,"<br />
said Vic La Rosa, president of Total<br />
This Site Web Search powered by YAHOO!<br />
SEARCH<br />
vehicle and pure water is the only by-product<br />
emitted, said Martin Schuermann, president and<br />
CEO of <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>.<br />
"You could actually put a water faucet on your<br />
dashboard and drink from it," Schuermann said. "It<br />
powers up the same way as any other truck. Just<br />
turn the key, the truck is on, put it in gear and it<br />
goes."<br />
The trucks are capable of carrying 80,000-pound<br />
loads with a range of up to 400 miles, but port<br />
officials will run a series of tests on the new big rigs<br />
to<br />
determine how they operate under varying road<br />
conditions, distances and load factors.<br />
Pending a successful trial run, executives with Total<br />
Transportation Services Inc. have signaled that they<br />
intend to purchase 100 of the <strong>Vision</strong> trucks for $27
First hydrogen-fuel big rig rolls out, heads for ports - The Daily Breeze<br />
Transportation Services Inc.<br />
art.marroquin@dailybreeze.com<br />
http://www.dailybreeze.com/business/ci_18532764[2/6/<strong>2012</strong> 3:36:35 PM]<br />
Attendees take a closer look under the hood of the truck at the engine. The<br />
trucks will be used in the ports. (Steve McCrank / Staff Photographer)<br />
Return to Top
<strong>Vision</strong> Industries Receives a Letter of Intent from Total Transportation Services, Inc. to Purchase 100 Class-8 Trucks<br />
<strong>Vision</strong> Industries Receives a Letter of Intent from Total<br />
Transportation Services, Inc. to Purchase 100 Class-8 Trucks<br />
El Segundo, California -- <strong>Vision</strong> Industries <strong>Corp</strong>. (OTCBB: VIIC) announces that it has received a<br />
Letter of Intent from Total Transportation Services, Inc. (TTSI) of Rancho Dominguez, California, to<br />
purchase one hundred zero emission Tyrano hydrogen fuel cell-electric class 8 heavy-duty trucks at a<br />
total purchase price of approximately $27,000,000 dollars. The purchase is subsequent to the successful<br />
trial of the initial vehicle which will be delivered to TTSI on Friday the 22nd of July. The Letter of Intent<br />
also opens the door for TTSI to purchase an additional three hundred <strong>Vision</strong> trucks, bringing the total<br />
value of a TTSI sales contract to approximately $108 million dollars.<br />
"We are pleased to see such demand from a trucking company of TTSI's caliber. It underlines our<br />
assumptions that there are multiple commercial applications for our hydrogen powered zero emission big<br />
rigs in today's trucking industry," says Martin Schuermann, CEO of <strong>Vision</strong> Industries <strong>Corp</strong>.<br />
To jumpstart the LOI, TTSI will take delivery of the first <strong>Vision</strong> Tyrano zero emission truck for testing<br />
in commercial revenue service. The initial truck will perform typical drayage operations, hauling freight<br />
containers from port terminals in the Ports of Los Angles and Long Beach to rail yards and other<br />
distribution facilities.<br />
"Up and above the benefit of Zero Emissions, we at TTSI feel that this fuel format is the only true way<br />
to break our dependence on imported fuel. Hydrogen is the most abundant resource on the planet,"<br />
says Vic La Rosa, President of Total Transportation Services, Inc.<br />
TTSI will take delivery of the initial zero emission truck at a Kick- off Event on July 22, <strong>2011</strong> at <strong>Vision</strong>'s<br />
El Segundo R&D Facility. The Kick-Off Event is being called "The Birthplace of the Hydrogen Economy -the<br />
Future of Transportation Today." The vehicle is part of a project funded jointly by <strong>Vision</strong> and the<br />
Ports of Long Beach and Los Angeles through the Technology Advancement Program (TAP).<br />
About Total Transportation Services, Inc. (TTSI)<br />
Headquartered in Rancho Dominguez, CA, TTSI is a national , progressive, asset based logistics provider<br />
with distinct expertise in distributing imports in the US, Canada, and Mexico. TTSI offers agile<br />
distribution solutions and transportation options for the simplest delivery to the most complex supply<br />
networks. TTSI operates full-service drayage, rail service and warehousing for full container and LCL<br />
Shipments from the Ports of Los Angeles/Long Beach, San Diego, Norfolk, and Seattle/Tacoma. For<br />
more information about Total Transportation Services, Inc., please visit www.tts-i.com.<br />
About <strong>Vision</strong> Industries<br />
<strong>Vision</strong> is a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen<br />
fueling systems. <strong>Vision</strong>'s proprietary electric/hydrogen hybrid drive system combines the superior<br />
acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel<br />
cell. For more information on <strong>Vision</strong> Industries <strong>Corp</strong>., please visit www.visionindustriescorp.com<br />
Safe Harbor Statement<br />
Matters discussed in this press release contain forward-looking statements within the meaning of the<br />
Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate,"<br />
"believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking<br />
statements. Actual results, performance or achievements could differ materially from those<br />
contemplated, expressed or implied by the forward-looking statements contained herein. These forwardlooking<br />
statements are based largely on the expectations of the Company and are subject to a number<br />
of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with:<br />
the impact of economic, competitive and other factors affecting the Company and its operations,<br />
markets, product, and distributor performance, the impact on the national and local economies resulting<br />
from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.<br />
http://www.visionmotorcorp.com/media/news/letterofintent-TTSI.html[2/6/<strong>2012</strong> 3:41:26 PM]
<strong>Vision</strong> Industries Receives a Letter of Intent from Total Transportation Services, Inc. to Purchase 100 Class-8 Trucks<br />
<strong>Vision</strong> Contact Person(s):<br />
Business Development: Rudy Tapia<br />
(P) 310-259-4293<br />
(E) Rudy@<strong>Vision</strong><strong>Motor</strong><strong>Corp</strong>.com<br />
Investor Relations: Jerome Torresyap<br />
(P) 310-450-0299 x 205<br />
(E) Jerome@<strong>Vision</strong><strong>Motor</strong><strong>Corp</strong>.com<br />
http://www.visionmotorcorp.com/media/news/letterofintent-TTSI.html[2/6/<strong>2012</strong> 3:41:26 PM]
Port of Long Beach and <strong>Vision</strong> Sign Agreement for Zero Emission Truck Demonstration (OTCBB:VIIC)<br />
HOME SERVICES NEWSROOM ABOUT US CONTACT US<br />
Source: <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong><br />
Date: November 17, 2010 08:30 ET<br />
Port of Long Beach and <strong>Vision</strong> Sign Agreement for Zero Emission Truck Demonstration<br />
EL SEGUNDO, Calif., Nov. 17, 2010 (GLOBE NEWSWIRE) -- The Port of Long Beach and <strong>Vision</strong><br />
<strong>Motor</strong> <strong>Corp</strong>oration of El Segundo, California (OTCBB:VIIC) have entered into an agreement to<br />
develop and demonstrate one (1) hydrogen fuel cell/plug-in electric TYRANO class 8 on-road<br />
truck and one (1) hydrogen fuel cell/plug-in electric zero-emission terminal tractor (ZETT), which<br />
is produced jointly by <strong>Vision</strong> and Capacity of Texas. <strong>Vision</strong>'s zero-emission heavy-duty vehicles<br />
will be tested to evaluate their suitability for short distance cargo-hauling ("drayage") and<br />
terminal operations. <strong>Vision</strong> trucks will be put into service and evaluated by Cal Cartage and TTSI,<br />
two trucking companies that operate at the Port of Long Beach and the Port of Los Angeles.<br />
Robert Curry, President of California Cartage Company, said: "Zero-emission is a laudable goal, if<br />
it can be coupled with the power to handle heavy-duty drayage, it could make these new trucks a<br />
valuable addition to any fleet. We are pleased to have been selected to test the capabilities of<br />
these tractors." Vic La Rosa, President of TTSI offers this statement: "TTSI has always been and<br />
will continue to be leading edge when it comes to the introduction and use of new clean<br />
technology. We are extremely excited about the <strong>Vision</strong>'s zero-emission heavy duty vehicle. We<br />
believe that port cities located in the middle of major population areas will greatly benefit from<br />
this technology."<br />
The Port of Long Beach is contributing $425,000 to assist in the project development and<br />
demonstration. The Port of Los Angeles Board of Harbor Commissioners is planning to consider<br />
cost-sharing this demonstration project in the amount of $212,500 at an upcoming board meeting.<br />
<strong>Vision</strong> CEO and President Martin Schuermann stated: "We are very excited to add the Port of Long<br />
Beach to our list of demonstration partners for our Heavy-Duty Zero Emission Trucks. Together<br />
with Cal Cartage and TTSI, we will be able to expose these exciting trucks to a large base of<br />
potential users and customers."<br />
Stated Phillip Ford, President Capacity of Texas, "Capacity is the leader in the Terminal Tractor<br />
industry with environmentally friendly products. The world's first Pluggable Hybrid Terminal Truck<br />
(PHETT®) was introduced in 2009 and has been recognized as the most innovative new product in<br />
the terminal truck industry in the last 20 years. The Zero Emission Terminal Truck (ZETT) will be<br />
based on the PHETT's platform. The ZETT will be the only zero emission terminal truck that will<br />
meet the demanding environment and duty cycle of a terminal truck and have zero emissions. We<br />
have thousands of trucks in Southern California and are pleased to work with <strong>Vision</strong> <strong>Motor</strong><br />
<strong>Corp</strong>oration to provide this zero emission terminal truck to the Port of Long Beach.".<br />
About <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong><br />
<strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong> (<strong>Vision</strong>) headquartered in El Segundo, California designs and manufactures<br />
advanced zero emission, hydrogen fuel cell hybrid electric drive, Class VIII heavy-duty commercial<br />
trucks. <strong>Vision</strong> provides cost effective, zero emission, vehicle solutions to help short-haul freight<br />
carriers meet local, state and federal air emission standards and also provide a vehicle that<br />
delivers a lower cost of operation which has a direct impact on freight carriers profit margins. The<br />
Company is traded on the OTCBB (VIIC.OB) as <strong>Vision</strong> Industries <strong>Corp</strong>, and is a SEC reporting<br />
company. For more information on <strong>Vision</strong> Industries <strong>Corp</strong>., please visit www.visionmotorcorp.com<br />
A Company Snapshot of <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong> can be found at:<br />
http://ir.issuerdirect.com/tearsheet/html/VIIC<br />
About Cal Cartage<br />
Cal Cartage opened in 1944 as a small pickup and delivery carrier in Los Angeles supporting this<br />
country's aircraft industry during the war. This is a family-owned and controlled company. They<br />
are now into the third generation involved in the company's operations on a day-to-day basis as<br />
well as for the future. During the intervening 60 years, they have developed into a Southern<br />
California powerhouse for import trucking, warehousing, deconsolidation, and distribution. They<br />
have over 1200 owner-operators in their fleet nationwide, to provide drayage, intermodal drayage,<br />
http://www.globenewswire.com/newsroom/news.html?d=207167[2/6/<strong>2012</strong> 3:50:48 PM]<br />
Other Company <strong>Press</strong> Releases<br />
Ports to Test Non-Polluting Fuel<br />
Cell Trucks - Dec 20, 2010<br />
15:36 ET<br />
Port of Long Beach and <strong>Vision</strong><br />
Sign Agreement for Zero<br />
Emission Truck Demonstration -<br />
Nov 17, 2010 08:30 ET<br />
Stock Quote<br />
Symbol: VIIC<br />
Last Trade: 0.14 (15:09 ET)<br />
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Day's Range: 0.14 - 0.15<br />
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Port of Long Beach and <strong>Vision</strong> Sign Agreement for Zero Emission Truck Demonstration (OTCBB:VIIC)<br />
and consolidation trucking services to their warehouses. Cal Cartage has specific terminals in<br />
three locations, in Southern California, as well as in San Diego, Seattle, and points along the<br />
border with Mexico. www.calcartage.com<br />
About TTSI<br />
TTSI began as an air-freight agency in 1989. They started with only the commitment to providing<br />
the highest levels of customer satisfaction and determination to deliver better expedited services.<br />
In 1991, TTSI started a cost-effective alternative to air freight by pooling shipments and using<br />
expedited trucks. It worked so well, customers asked to find better solutions to many of their<br />
supply chain needs. TTSI responded by creating companies that delivered better quality, service,<br />
and security in everything from drayage, transloading, warehousing, and truckload<br />
management. Since 2006 TTSI has made a major commitment to be a good corporate citizen and<br />
a steward of the environment. www.tts-i.com<br />
About Capacity of Texas, Inc.<br />
Capacity of Texas, Inc., has been serving the terminal tractor industry for over 39 years under<br />
the Trailer Jockey® brand. Capacity manufactures the Trailer Jockey® completely in-house and is<br />
solely focused on the manufacture and support of this product. Located in Longview, Texas,<br />
Capacity is a wholly owned subsidiary of Allied Specialty Vehicles, Inc, ("ASV") and is the largest<br />
American owned manufacturer of terminal tractors in North America, offering a full product line of<br />
terminal trucks used throughout the world. Capacity distributes products through a national and<br />
international authorized representative network. For a current listing of Capacity products and<br />
authorized representatives, visit www.capacitytexas.com<br />
About Allied Specialty Vehicles, Inc.<br />
ASV, with revenue of approximately $1 billion, is a market leader in three industry segments:<br />
Fire & Emergency, Recreational Vehicles, and Bus & Industrial. The Company was formed on<br />
August 25, 2010 through the combination of four existing portfolio companies of American<br />
Industrial Partners (AIP): E-ONE, Inc., Collins Industries, Inc., and Halcore Group, Inc.; with<br />
Fleetwood RV, Inc. to be combined in the fourth quarter of this year. Within the Fire & Emergency<br />
segment, ASV offers an extensive line of fire apparatus under the E-<br />
ONE brand name including pumpers, aerials, tankers, rescues, and airport firefighting equipment.<br />
Additionally, the Company offers a full line of ambulances<br />
under the Horton, Wheeled Coach, American Emergency Vehicles, and Leader Emergency<br />
Vehicles brand names. Within the Recreational Vehicle segment, the Company produces Class A<br />
and Class C Recreational Vehicles under many of the industry's iconic brand names including<br />
Discovery, American Coach, Bounder, and Tioga, among others. Within the Bus & Industrial<br />
segment, the Company produces Type A bus products for both the school and childcare markets<br />
under the Collins, Mid Bus, and Corbeil brand names as well as terminal trucks and street sweeper<br />
products under the Capacity and Lay-Mor brand names. For additional information on Allied<br />
Specialty Vehicles, Inc. please visit www.alliedsv.com<br />
About American Industrial Partners<br />
American Industrial Partners is an operationally focused middle market private equity firm<br />
comprised primarily of multidiscipline engineers and experienced operators which makes control<br />
investments in North-American based industrial businesses and implements strategies to grow the<br />
earnings of those businesses. AIP has managed three prior funds which totaled over $1 billion and<br />
is currently investing its fourth fund, $405.5 million American Industrial Partners Capital Fund IV,<br />
LP. For more information, visit www.aipartners.com<br />
Safe Harbor Statement<br />
Matters discussed in this press release contain forward-looking statements within the meaning of<br />
the Private Securities Litigation Reform Act of 1995. When used in this press release, the words<br />
"anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such<br />
forward-looking statements. Actual results, performance or achievements could differ materially<br />
from those contemplated, expressed or implied by the forward-looking statements contained<br />
herein. These forward-looking statements are based largely on the expectations of the Company<br />
and are subject to a number of risks and uncertainties. These include, but are not limited to, risks<br />
and uncertainties associated with: the impact of economic, competitive and other factors affecting<br />
the Company and its operations, markets, product, and distributor performance, the impact on the<br />
national and local economies resulting from terrorist actions, and U.S. actions subsequently; and<br />
other factors available from the Company.<br />
CONTACT: <strong>Vision</strong> Industries <strong>Corp</strong>.<br />
Rudy Tapia, Vice-President of Business Development<br />
1-877-340-8909 ext 203<br />
Rudy@<strong>Vision</strong><strong>Motor</strong><strong>Corp</strong>.com<br />
Investor Relations Contact:<br />
Rusty Miller, Investor Relations Director<br />
1-877-340-8909 Ext. 205<br />
rusty@visionmotorcorp.com<br />
http://www.globenewswire.com/newsroom/news.html?d=207167[2/6/<strong>2012</strong> 3:50:48 PM]<br />
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DATE: MARCH 31, <strong>2011</strong><br />
FROM: CLEAN TRUCK PROGRAM<br />
THE PORT<br />
OF LOt AIIGILII<br />
Executive Director's<br />
Report to the<br />
Board of Harbor Commissioners<br />
SUBJECT: RESOLUTION NO. - AWARD OF PURCHASE ORDER<br />
CONTRACT WITH VISION MOTOR CORPORATION TO RETROFIT<br />
HARBOR DEPARTMENT-OWNED BALQON ELECTRIC YARD<br />
TRUCKS<br />
SUMMARY:<br />
Staff is requesting approval of a Purchase Order Contract with <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>oration<br />
in the amount not to exceed $1,400,000 (includes taxes) to retrofit a total of fifteen<br />
Harbor Department-owned Balqon <strong>Corp</strong>oration E-20/E-30 Electric Trucks, but only<br />
authorizing the order of six retrofits now, and additional retrofits if and when additional<br />
grant funding is received. The retrofits would upgrade the battery-only system to a<br />
hydrogen fuel cell hybrid system. It is anticipated that the proposed hydrogen fuel cell<br />
retrofit would double the battery range of the trucks to make them more suitable for port<br />
operations. The Hydrogen Fuel Cell Hybrid Electric Yard Trucks would be maintained<br />
and operated by the Port of Los Angeles terminal operators. Staff recommends<br />
approval of this Purchase Order Contract due to the environmental benefits and longterm<br />
economic advantages to the City of Los Angeles. The costs of the first six retrofits,<br />
up to $622,000, will be reimbursable from a $1.4 million federal grant that has been<br />
authorized for the Harbor Department from the United States Department of Energy's<br />
(USDOE) Energy Efficiency and Conservation Block Grant (EECBG) program. The<br />
Harbor Department continues to seek additional federal/state funding to enhancel<br />
upgrade the remaining nine electric trucks of an entire fleet of fifteen. If additional<br />
funding is secured, the requested approval by the Harbor Commissioners would also<br />
allow the Executive Director to order the retrofits of the remaining electric trucks.<br />
RECOMMENDATION:<br />
It is recommended that the Board of Harbor Commissioners (Board):<br />
1. Approve the Purchase Order Contract with <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>oration to retrofit up to<br />
fifteen (15) Harbor Department owned electric trucks with hydrogen fuel cell hybrid
DATE: MARCH 31, <strong>2011</strong> PAGE20F5<br />
SUBJECT: RESOLU1"ION NO. - AWARD OF PURCHASE ORDER<br />
CONTRACT WITH VISION MOTOR CORP<br />
systems and authorize said expenditures (Transmittal 1);<br />
2. Authorize the Executive Director to execute the Purchase Order Contract for and on<br />
behalf of the Board;<br />
3. Authorize the Executive Director to place an initial order of fuel cell enhancementl<br />
upgrade kits to retrofit six Harbor Department owned electric trucks;<br />
4. Authorize the Executive Director to place an additional order of fuel cell<br />
enhancementl upgrade kits up to the remaining Harbor Department owned Electric<br />
Truck fleet, subject to securing a fully reimbursable federal/state grant to offset the<br />
cost; and<br />
5. Adopt Resolution No. ____<br />
DISCUSSION:<br />
Background - On November 20, 2006, the Harbor Department and the Port of Long<br />
Beach jointly adopted the Clean Air Action Plan (CAAP) , a comprehensive program with<br />
initiatives designed to substantially reduce air emissions from major sources in the two<br />
ports. A CAAP Update was recently approved at a Joint Commission meeting on<br />
November 22, 2010. Emission sources targeted by the CAAP include ships, trains,<br />
cargo handling equipment, harbor craft, and heavy duty trucks. Harbor Department staff<br />
has determined that adopting new technologies that significantly reduce emissions will<br />
be necessary for the Port of Los Angeles (Port) to meet its overall emission and health<br />
risk reduction. In addition to the CAAP goals, the Port is striving to achieve substantial<br />
reductions in greenhouse gas emissions (GHG) consistent with AB32.<br />
The City of Los Angeles (City) was awarded $37 million from the Department of Energy<br />
through the United States Department of Energy's (USDOE) Energy Efficiency and<br />
Conservation Block Grant (EECBG) program. In March 2010, the Harbor Department<br />
was awarded $1.4 million of these funds from the City of Los Angeles, Environmental<br />
Affairs Department (these funds are now managed by the Community Development<br />
Department). The Harbor Department divided the funding into three projects, two of<br />
which have already been approved by the Board of Harbor Commissioners. The two<br />
approved EECBG funded projects are (1) the installation of a Hybrid Propulsion System<br />
for the Angelina II and (2) the purchase of a zero emission Class 8 hybrid electric truck.<br />
Both projects will be completed by the grant end date of July <strong>2012</strong>. The hydrogen fuel<br />
cell enhancementlupgrade kit will be the third and final EECGB funded project.<br />
Balgon Truck History - In 2008, the Harbor Commissioners approved Agreement No.'s<br />
2664 and 2761 at an approximate combined amount of $5.8 million between the Harbor
DATE: MARCH 31, <strong>2011</strong> PAGE 3 OF 5<br />
SUBJECT: RESOLUTION NO. - AWARD OF PURCHASE ORDER<br />
CONTRACT WITH VISION MOTOR CORP<br />
Department and Balqon <strong>Corp</strong>oration to manufacture 25 battery-operated electric trucks<br />
(Model E-20 and E-30), including battery cost. To-date, Balqon <strong>Corp</strong>oration has<br />
delivered 15 of the 25 electric trucks ordered and the Harbor Department has paid<br />
approximately $4.3 million. The remaining 10 electric trucks are on hold because testing<br />
results indicate that when the Balqon yard truck pulls extra-heavy loads (e.g. >50,000<br />
Ibs), it exhibits reduced battery life compared to the testing at lower load levels (Le.<br />
DATE: MARCH 31, <strong>2011</strong> PAGE 40F 5<br />
SUBJECT: RESOLUTION NO. - AWARD OF PURCHASE ORDER<br />
CONTRACT WITH VISION MOTOR CORP<br />
would double under heavier loading conditions, decreasing the charging down time and.<br />
efficiency..<br />
Selection Process - To identify possible hydrogen fuel cell hybrid system vendors, staff<br />
issued a Formal Request for Bid (FRB) on March 4, <strong>2011</strong>. Key requirements set forth<br />
for proposers were for the hydrogen fuel cell hybrid system are: (i) 16 kilowatt hydrogen<br />
fuel cell power module with mounting equipment; (ii) hydrogen tanks with an appropriate<br />
PSI range of 6250 type 3, hydrogen fuel container with installed manual valve and<br />
pressure relief devices; (iii) cab changes; (iv) labor; and (v) design/engineering servicesas<br />
required. These requirements were designed to identify an enhancement/upgrade<br />
that could immediately be used in yard tractor operations as part of staffs planned<br />
demonstration program.<br />
Only one vendor, <strong>Vision</strong> <strong>Motor</strong> <strong>Corp</strong>, submitted a bid by the bid due date of March 18,<br />
<strong>2011</strong>. To encourage as many bids, staff reached out to potential vendors that may be<br />
interested in competitively bidding for this solicitation. Only one bid was received and<br />
based on the analysis (see Transmittal 2), the cost to enhance/upgrade each truck is<br />
$75,000 plus tax. In addition, a one-time payment for an engineering/design plan at<br />
$150,000 plus tax is proposed to document the enhancement/retrofit requirements. If<br />
the Harbor Department opts to enhance/upgrade additional electric trucks in its fleet,<br />
additional engineering/design plan fees would not be required since the bid allows up to<br />
15 trucks as part of the guaranteed pricing within the bid solicitation notice (Bid No. F<br />
735). The total cost to purchase the Hydrogen Fuel Cell Power Module for the initial<br />
order of six trucks is $658,500 (includes taxes) and up to $622,000 is reimbursable from<br />
a $1.4 million grant that has been authorized for the Harbor Department from the<br />
USDOE's EECBG. The remaining $36,500 will be absorbed by the Harbor Department.<br />
The cost of the additional nine potential retrofits is approximately $741,000 (includes<br />
tax) and will occur only if additional grant funding is secured.<br />
ECONOMIC BENEFITS:<br />
Spending under this Board action will support the equivalent of 3.1 direct and 3.4<br />
secondary jobs in the five-county region.<br />
FINANCIAL IMPACT:<br />
This Purchase Order Contract would authorize the Harbor Department to purchase six<br />
Hydrogen Fuel Cell Power Modules for Harbor Department owned Balqon E-20 and E<br />
30 Electric trucks. In accordance to the USDOE's EECBG project specifications, the<br />
incremental costs of the Hydrogen Fuel Cell Power Modules are one hundred percent<br />
reimbursable. Ongoing operating and maintenance costs are expected to be $2,500
FedEx Freight to Test <strong>Vision</strong> Industries' Zero Emission<br />
Tyrano Truck<br />
Nov. 16, 2009 - MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Freight <strong>Corp</strong>., a leading provider of regional and<br />
long-haul less-than-truckload (LTL) services in the U.S., and <strong>Vision</strong> Industries <strong>Corp</strong>. (OTCBB: VIIC), producers of<br />
the zero emission plug-in electric/hydrogen fuel cell hybrid TyranoTM truck, today announced that the companies<br />
have entered into an agreement to test a tractor powered by the hydrogen/electric hybrid TyranoTM drive train. FedEx<br />
Freight <strong>Corp</strong>. is a subsidiary of FedEx <strong>Corp</strong>. (NYSE: FDX).<br />
As part of the agreement, <strong>Vision</strong> Industries <strong>Corp</strong>. will configure a FedEx Freight tractor with its hydrogen/electric<br />
hybrid Tyrano TM drive train. The reconfigured vehicle will then be tested for one year in certain operations to evaluate<br />
the operational suitability of the <strong>Vision</strong> Tyrano TM technology.<br />
"It is our goal to be involved in projects such as this to further the advancement of alternative fuels that both reduce<br />
our dependence on foreign oil and are good for the environment," said Douglas G. Duncan, president and CEO, FedEx<br />
Freight. "We are excited about technological advancements we see today in transportation and look forward to what<br />
the future holds in this arena."<br />
Martin Schuermann, president & CEO of <strong>Vision</strong>, stated, "We applaud the FedEx vision of an environmentally friendly<br />
heavy-duty truck fleet. We believe that our zero emission Tyrano TM -powered vehicle will help FedEx Freight work<br />
toward its goal of reducing its carbon footprint."<br />
About FedEx Freight<br />
Within FedEx <strong>Corp</strong>., the FedEx Freight Segment had annual revenues of $4.4 billion in fiscal year 2009. With<br />
corporate offices in Memphis, Tenn., the Segment includes FedEx Freight, a leading U.S. provider of regional LTL<br />
freight services; FedEx National LTL, a leading U.S. provider of long-haul LTL services; FedEx Freight Canada, an<br />
LTL operating company serving most points in Canada; and FedEx Custom Critical, North America's largest timespecific,<br />
critical shipment carrier. For more information, visit the FedEx web site, fedex.com.<br />
About FedEx<br />
FedEx <strong>Corp</strong>. (NYSE: FDX - News) provides customers and businesses worldwide with a broad portfolio of<br />
transportation, e-commerce and business services. With annual revenues of $34 billion, the company offers integrated<br />
business applications through operating companies competing collectively and managed collaboratively, under the<br />
respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its<br />
more than 275,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and<br />
professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.<br />
About <strong>Vision</strong> Industries <strong>Corp</strong>.<br />
<strong>Vision</strong> is a provider of hydrogen fuel cell/plug-in electric powered vehicles and turnkey hydrogen fueling systems.<br />
<strong>Vision</strong>'s proprietary hydrogen fuel cell/plug-in electric drive system combines the superior acceleration of a battery<br />
powered electric vehicle with the extended range provided by a hydrogen fuel cell. <strong>Vision</strong> uses major manufacturers as<br />
partners or sub contractors to produce its vehicles. This business approach avoids massive outlays of startup capital.<br />
Many regional, state and federal alternative energy programs in the form of grants, subsidies, tax credits and loans<br />
exist or are planned. For more information on <strong>Vision</strong> Industries <strong>Corp</strong>., please visit www.visionindustriescorp.com<br />
Safe Harbor Statement<br />
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities<br />
http://www.visionmotorcorp.com/media/news/FedEx_Freight_to_Test_<strong>Vision</strong>_Tyrano.htm[2/6/<strong>2012</strong> 3:57:42 PM]
Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may,"<br />
"intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or<br />
achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements<br />
contained herein. These forward-looking statements are based largely on the expectations of the Company and are<br />
subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated<br />
with: the impact of economic, competitive and other factors affecting the Company and its operations, markets,<br />
product, and distributor performance, the impact on the national and local economies resulting from terrorist actions,<br />
and U.S. actions subsequently; and other factors available from the Company.<br />
Investor Contact: Redwood Consultants, LLC 415.884.0348 investorinfo@redwoodconsultants.com<br />
CONTACTS:<br />
FedEx Freight<br />
Debra Phillips, 901-434-3122<br />
debra.phillips@fedex.com<br />
http://www.visionmotorcorp.com/media/news/FedEx_Freight_to_Test_<strong>Vision</strong>_Tyrano.htm[2/6/<strong>2012</strong> 3:57:42 PM]
Port of Long Beach and <strong>Vision</strong> Sign Agreement for Zero Emission Truck Demonstration (OTCBB:VIIC)<br />
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