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NEWPORT BEACH, CA--June 4, 2012: Green Automotive Company announcedtoday that it has entered into detailed discussions with LibertyElectric Cars Limited (www.liberty-ecars.com), a UK-based developerof Electric Drive Trains, unique Battery Management Systems andprovider of full support programs for all types of Electricvehicles. These discussions will lead to Liberty technology beingused to convert conventional internal combustion engine drivenvehicles into zero emission electric vehicles. Liberty, formed in2006, was the first company in the world to successfully convertthe Range Rover into a high speed pure electric 4x4 capable of 200miles on a single charge and driven by 4 individual motors. TheLiberty Electric Range Rover was hailed as the world's best luxuryEV in 2010 and provided the most telling example of the company'scapabilities. Liberty's expertise will serve as Green Automotive'sfoundation for its expansion into the European Electric Vehiclemarket as well as provide the technology for the conversionactivities planned for the North American market. "As I disclosed in several of our past public announcements,and in greater detail in our First Quarter March 31, 2012Information and Disclosure Statement filed withOTCMarkets.com" "As I disclosed in several of our past public announcements, and ingreater detail in our First Quarter March 31, 2012 Information andDisclosure Statement filed with OTCMarkets.com", said Fred Luke,President of Green Automotive Company, "we have elected to not makethe Company's primary business that of importing, performing thehomologation, and then competing against a host of others nowentering the market of retailing Electric Passenger Vehicles.Putting the last 2 years of import and homologation knowledge inthe proper prospective, it is clear to us that our fastest andleast expensive path to revenues from the Electric Vehicle (EV)will be to focus on the conversion of conventional internalcombustion engine-driven vehicles of all types, particularlyMass-Transit and passenger vehicles which have already passed theUS Federal Motor Vehicle Safety Standard (FMVSS) tests, to makethem into zero emission vehicles". According to Mr. Luke, this move comes following disappointing testresults during the homologation program and failing negotiationswith Zotye for as to the Zotye Sport Utility Vehicle (SUV). "It wasdetermined by management and our independent engineers, at RoushIndustries", said Mr. Luke, "that the Zotye SUV would struggle topass the stringent crash tests required by the DOT, FMVSS andNIHSTA, without substantial expenditure and time. At which time theCompany began seeking alternatives to replace the Zotye vehicleswith automobiles that the Company could bring to market in a moreexpeditious and efficient manner." On January 17, 2012 the Company announced that it signed a Letterof Intent pursuant to which it would join forces with NiyatoIndustries in an effort to accelerate the plans of both companiesto bring domestically manufactured Electric Passenger Vehicles tothe US market this year. However, Ford's announcement that it wouldbe rolling out its own line of EV's, beginning with the Focus andFusion made it very difficult for us to justify going any furtherwith the Green Automotive-Niyato joint venture. In the process ofdue diligence on Niyato, the Company's management determined thatit was not in its best interest to continue with Niyato as Niyatodid not appear to have the immediate manufacturing facility for theproposed conversion of the vehicles it represented to have undercontract to "convert" to EV's, nor did it have a prototype uponwhich to develop reasonable manufacturing costs, and it appeared tobe under-capitalized to finance its plans, requiring the GreenAutomotive to provide the necessary capital. Taking into consideration the costly and time consuming (24 to 36months) efforts to move the Zotye Vehicles through the stringentimport tests required by the DOT and NIHSTA, and the capitalposition of Niyato, negotiations with Niyato were put on hold andalternate solutions were sought. The first of the Company's new partnership targets was LibertyElectric Cars Limited, a UK-based "conversion and EV support"company which currently designs, develops, manufactures and marketselectric vehicle drive trains for use in its own converted vehiclesand for sale to OEM's for incorporation into their production.Their focus is on larger platforms from 4x4 through to commercialvehicles, where they operate in a niche market with fewcompetitors. Liberty Electric Cars Limited also supplies aftersales support, training, and upgrades for electric vehicle usersthroughout Europe and Middle East. Liberty, through its E-Tech division, is involved in a number ofadvanced research programs for developing next generation EVsolutions, many in partnership with Tier 1 automotivemanufacturers. The E-Tech engineering team can count over 2,500,000miles of EV expertise, and were the first people to design andbuild a ground up electric truck. In addition, they own the UK'slargest EV retail company, which has sold over 1400 electricvehicles and they supply, through their E-Care division, acomprehensive after-market EV support program throughout Europe forelectric trucks and cars. Their clients include such high profile names as UPS, Fed-ex,Navistar, Veolia, Tesco and many more. In November 2010 Liberty entered and successfully completed theRoyal Automobile Club's first annual "Future Car Challenge" where 2Liberty Pure Electric Range Rovers drove from Brighton to London,with 5 people in each car including a film crew in one, ending withan exciting public display on Regent Street in the centre ofLondon. In addition to Liberty's expertise in engineering solutionsfor electric vehicles, and providing the most comprehensive aftermarket program for electric cars and trucks, Liberty also offers arange of exciting electric transport solutions. About Green Automotive Company : Green Automotive Company is a US public company involved in theConversion, Import and Distribution of Eco-friendly vehicles. TheCompany is presently planning to bring All-Electric and otherEco-friendly vehicles into the United States market through acombination of converting piston engine vehicles and importingexisting EV's. The Company is currently involved in assessing anumber of All-Electric and alternate fuel vehicles including anAll-Electric Intra-City and Municipal Mass Transit Bus and SchoolBus, for introduction to the US market. The Company maintains itsCorporate Office in Newport Beach, California. Green AutomotiveCompany shares are traded on the OTC Market Tier--OTC Pink Currentunder the symbol "GACR". For more information visit USA Electric Auto. About Liberty Electric Cars Limited : Liberty Electric Cars Limited was incorporated on November 10,2006 in England and Wales. Liberty Electric Cars Limited currentlydesigns, develops, manufacturers and markets electric vehicle drivetrains for use in its own converted vehicles and for sale to OEM'sfor incorporation into their production. It provides a fullaftermarket program to electric vehicle users to ensure thelongevity of their vehicles, and it retails a range of electricproduct both manufactured in-house and bought in. It also has arange of niche vehicles in the 4x4 sector which provide overlandexpedition solutions and which it is developing into hybridproducts. Liberty operates from 4 sites in the UK (London,Peterborough, Coventry and Newton Abbot), and has partnershiparrangements in other European countries. We are high quality suppliers, our products such as China Mobile Computer Barcode Scanner , Hand Held Barcode Scanners for oversee buyer. To know more, please visits GSM Wireless Terminal.
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