KANSAS CITY, Mo., Oct. 6, 2014 /PRNewswire/ -- APT MotoVox Group,
Inc. (OTC BB: MTVX) announced the launch of MOTOPED®, which debuted
last December in a breakaway Kickstarter campaign that quickly went
viral and then sold out. A re-tooled brand identity,
(http://www.motoped.com) officially launches today to our social
media fans (https://www.facebook.com/motopeds) and current
customers, that will offer access to an initial production run of
500 MOTOPED Pro units available for sale through the
website.
With no formal announcement, the company pre-sold through nearly
25 percent of its initial Pro model inventory during a soft launch
over the weekend. Customers can expect delivery in time for
Christmas.
"Sales results from the first 72 hours certainly exceeded our
expectations," said Troy A. Covey,
president of APT MotoVox Group. "With the AIM Expo opening in
Orlando, Florida next week, the
company may have to hold some units aside to ensure sufficient
inventory for the most important trade show in our industry in
North America."
MOTOPEDS (available in Cruzer, Pro and Survival models) are
innovative hybrids that fuse the unique elements of a bicycle, a
motorcycle and a moped into a radical new riding experience.
Product photos are available at
http://www.motoped-choose-your-adventure.com/press-images/.
MOTOPEDS utilize a patented jackshaft pedal drive system and
various lightweight, low-displacement engine packages in order to
yield a 125-pound bike that achieves between 130 and 150 miles per
gallon as a commuter. But that's just the business
end.
Wayne Patterson, CEO of APT
MotoVox Group, added, "MOTOPED has quickly grown to be one of the
top-selling motor-assisted bicycles in the world. It causes
people to take a completely fresh look at the way they approach
two-wheeled transportation -- whether that's a bike to get to and
from work or school, or for a variety of new recreational
purposes. MOTOPED has achieved cult-like status in record
time."
APT MotoVox Group, Inc. indicates that MOTOPEDS will soon be
widely distributed through MotoVox's rapidly growing U.S. and
International dealer and retailer networks, in addition to the new
online store.
For more information, visit http://www.motopeds.com
About APT MotoVox Group, Inc.:
APT MotoVox Group, Inc. (OTC BB: MTVX) is a Delaware registered corporation headquartered
in Kansas City and is the holding
company for the MotoVox® and MOTOPED® motorsport product lines,
SmartCarb® patented fuel system, and the Sonic Flow small engine
technology lines (http://www.motovox.com/, http://www.powerapt.com/
and http://www.motopeds.com)
Forward-Looking Statements
Some statements made in this press release are forward-looking
statements, which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. We use
words such as "anticipate," "believe," "expect,'' "future,"
"intend," "plan," and similar expressions to identify
forward-looking statements. These statements including those
related to the growth of the industry and the Company's
performance, are only predictions and are subject to certain risks,
uncertainties and assumptions. Additional risks are identified and
described in the Company's public filings with the Securities and
Exchange Commission. Statements made herein are as of the date of
this press release and should not be relied upon as of any
subsequent date. The Company's past performance is not necessarily
indicative of its future performance. The Company does not
undertake, and the Company specifically disclaims any obligation to
update any forward-looking statements to reflect occurrences,
developments, events, or circumstances after the date of such
statement.
Contact
William Maher, SVP
APT MotoVox Group, Inc.
InvRel@motovox.com
Paul Knopick
E & E Communications
940.262.3584
pknopick@eandecommunications.com
SOURCE APT MotoVox Group, Inc.
