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SOURCE Saleen Automotive, Inc.
CORONA, Calif., Feb. 10, 2014 /PRNewswire/ -- Saleen Automotive, Inc. (OTCQB: SLNN), (OTCBB: SLNN) (the "Company"), an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel, is pleased to announce that the Company is partnering with the Art Center College of Design on a revolutionary concept for an electric vehicle.
Art Center College is located in Pasadena, CA and has been responsible for many top automotive designers globally. Over the years, The Art Center has produced or generated such progressive automotive designers as J. Mays, Vice President of Ford Design, Ken Okuyama, Chief Designer of Pininfarina, Chris Bangle, Vice President of Design for BMW and Frank Stephenson, Design Director of McLaren and Shiro Nakamura, Design Head for Nissan to name a few. The college is widely credited with adding innovation, quality and other positive impact to the projects on which its students and faculty collaborate.
"Our electric car project is a critical component in Saleen Automotive's future," stated Steve Saleen, CEO, Saleen Automotive. "Since I conceived my electric car model, I've known that I wanted to work with Art Center and its collective talent. I'm not prepared to divulge much about our project yet, but the work we've done so far has been compelling. I credit much of that to our colleagues at the college and other talented Art Center alumni at Saleen."
"Working with Steve Saleen is a tremendous opportunity for our students and faculty," said Stewart Reed, Transportation Design Chair. "Not only are we intent on bringing forward advanced design concepts worthy of the Saleen name and our college's reputation for excellence but we are most pleased to be crafting for electric vehicles that could fundamentally change the world around us. Art Center's core ethos aspires to encourage its students to create meaningful work."
"We look look forward to a long and rewarding partnership and to bringing a very special electric vehicle to the roadway," added Saleen who has Art Center alumni on his team.
For more information and updates visit the following online locations:
Company website: www.saleenautomotive.com.
About Saleen Automotive, Inc.
Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. An example of such forward looking statements in this press release include statements regarding the Company developing and completing successful new car projects. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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