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Archive for the ‘Enterprise Holdings’ Category

EVCARCO’s Corporate Development Update Regarding its Future Driven® Brand

Friday, March 23rd, 2012

Fort Worth, Texas – EVCARCO Inc. (OTCBB:EVCA) (OTCQB:EVCA), a Future Driven® Automotive Retail Group today announced updates to the shareholders and investment community on recent corporate developments, future plans, growth strategies, capital needs and changes to its share structure.

The Company has been working diligently to cultivate several, potentially valuable joint partnerships, identify new markets with products that provide carbon reduction technologies, sales channels, and sources of revenue.

As the Company moves forward, it continues to operate from its Micro-New Car Dealership in Ft.Worth, Texas that has generated cumulative gross revenues of $2,208,948.00, as of the last reported period of September 30, 2011. These revenues represent sales of new electric cars, EV charging stations, and pre-owned vehicles. The Company also continues to expose and market its Master Franchise and Single Locations Franchises opportunities of the Future Driven® Dealership Franchise.

On February 22, 2012, the Company announced that it signed a Memorandum of Understanding (MOU) with HFX Laboratories, Inc. regarding the market development, testing and licensing of the HFX4 Hydrogen Hybrid Combustion/Fuel Enhancement Systems. The Company is currently conducting tests of the HFX4 Hybrid System. The system produces hydrogen for use as a catalyst in the vehicle’s combustion system. The hydrogen catalyst is introduced into the vehicle’s air intake to completely utilize the fuel in the combustion process. The goal is to find in EVCA’s Due Diligence, results of 20% to 35% improvement in MPG and a reduction in emissions in the range of 60%, depending on engine efficiency.

Mack Sanders, CEO of EVCARCO, stated, “We have continued to work on expanding and growing acceptance of environmentally friendly vehicles. With recent increases in gasoline and diesel, we expect more consumers will feel the pain at the pump and embrace our products.”

Effective November 30, 2011, the Company amended its Articles of Incorporation to increase authorized capital. The increase was necessary in order to accommodate conversion of debt taken on over the same year. As of the date of this release, significant portion of the convertible notes payable has been paid off.

For more information on EVCARCO, Inc., please view: www.evcarco.com.  Shareholder inquiries should be directed to (972) 571-1624.

EVCARCO Inc. is a Future Driven® Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.

Forward-Looking Statement

This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like “expect,” “anticipate,” “estimate,” “forecast,” “objective,” “plan,” “goal” and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

Investor Relations Contact:

Jack Eversull

The Eversull Group, Inc.

972-571-1624

214-469-2361 fax

[email protected]

Hertz and Enterprise Both Now Renting the Nissan Leaf

Monday, August 22nd, 2011

Hertz (NYSE: HTZ ) and Enterprise Both Now Renting the Nissan Leaf

Electric vehicles are generating quite the buzz this year, with the Nissan (OTC: NSANY.pk) Leaf and other popular models finally rolling off the lines and into the hands of anxious consumers.  By the end of the year, there will be a surprising number of EVs available on the market, and in many states, it is also possible to rent these vehicles.  Enterprise, the popular auto rental chain, currently rents both the Chevy Volt and the Nissan Leaf in 6 states across the US, and Hertz has just announced that it, too, will soon be offering electric vehicles for use as rentals, although initially only in San Francisco.

The introduction of EVs through rental car companies is one that offers a number of prospective benefits.  Consumers seem to be a bit skeptical about purchasing the cars, wondering if the decreased range and the rarity of charging stations means that they are likely to end up stranded somewhere with no way to get home or charge their vehicles, and the rental option actually provides them with a chance to experience the cars for themselves.  Customers will find that the Nissan Leaf has a range of about 100 miles before it needs a charge, which should be sufficient for a day’s activities for most.  Many of the hotels offering the cars as part of their packages will also provide charging stations onsite so that renters can charge the vehicles overnight. Continue reading “Hertz and Enterprise Both Now Renting the Nissan Leaf” »

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