BLUE ASH, Ohio, Oct. 4, 2010 (GLOBE NEWSWIRE) -- AMP Holding Inc. (OTCBB:AMPD), a company engaged in the emission-free electrification of OEM vehicles, announced it will be attending and participating in the Detroit Ride-and-Drive event at the Business of Plugging In conference, taking place in Detroit, October 12-14.
The Business of Plugging In conference is hosting an exclusive ride-and-drive event offering attendees the opportunity to get behind the wheel of several production and concept plug in electric vehicles (PEVs). AMP's 100% electric GM Equinox will participate in the event, alongside the Nissan LEAF, Chevy Volt and other leading PEVs. A test track will be available alongside the Detroit River where the event is taking place.
"This year's conference is indeed timely, as this is the year PEVs will actually be hitting U.S. roads. AMP's technology has earned it a place at the conference alongside industry giants like Nissan and GM. This forum is an excellent facilitator of meaningful and relevant discussion on the future of the PEV market," said David E. Cole, chairman emeritus of the Center for Automotive Research.
The Business of Plugging In conference is an event with international appeal, as it is a unique forum that is focused on the growth of PEVs and the business models that will support their global introduction; the conference plays a critical role in developing the global PEV market. This conference leads intelligent and collaborative discussion on the current and future state of the industry; bringing automotive, utility and new technology thought leaders together with policy makers, financiers and researchers.
About AMP Holding Inc.AMP was founded in 2007 by automotive industry veterans who have created several hi-tech companies. Currently, the AMP team is comprised of top engineers and business executives, as well as two key pioneers of GM's EV1 project. AMP's first models to all-electric were the GM Sky and the Pontiac Solstice, and most recently, the Chevrolet Equinox. Since its inception, AMP's unique electrification technology has proven to be an idea that has generated an extreme amount of interest, with inquiries coming from around the world. AMP will be electrifying a wide range of OEM vehicles and SUVs, and expects to announce new model additions in 2010. The Company expects its vehicle electrification technology will provide new solutions to America's energy demands.
To learn more, visit the AMP website at www.ampelectricvehicles.com.
Forward-Looking StatementsCertain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
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