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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]

Chesapeake Forms $1 Billion Fund to Boost Natural-Gas Demand

Wednesday, July 13th, 2011

Chesapeake Energy Corp. (CHK), the most- active U.S. natural-gas driller, will form a $1 billion fund to invest in companies that develop infrastructure or technology to increase the use of gas as a motor fuel.

For the fund’s initial investments, Chesapeake will spend $155 million to buy half of closely held Sundrop Fuels Inc., which plans to build a plant to convert gas and waste products into motor fuel, the Oklahoma City-based company said in a statement today. The plant is expected to open in 2013 with a capacity of 40 million gallons of fuel a year.

It will also spend $150 million over three years on bonds issued by Clean Energy Fuels Corp. (CLNE), a company that builds fueling stations for heavy trucks that run on gas instead of diesel fuel. Chesapeake will make the current and future investments via Chesapeake NG Ventures over the next 10 years, it said.

“What we’re trying to do is create a demand revolution that will have even more benefits than the supply revolution that our company helped create in the last five years,” Chesapeake Chairman and Chief Executive Officer Aubrey McClendon said in an interview.

Chesapeake and other gas producers are hoping that converting cars and trucks to using gas can help boost prices that have declined by 68 percent in the past three years as production climbed. Prices have dropped to an average of $4.288 per million British thermal units this year, after reaching $13.577 in 2008.

Gas Infrastructure Play

“It’s really the largest natural-gas vehicle infrastructure play to date,” Clean Energy Fuels Chief Executive Officer Andrew Littlefair said of Chesapeake’s plan in an interview.

About 1,600 of the more than 3 million heavy trucks in the U.S. — defined as those with a gross vehicle weight of more than 33,000 pounds (15,000 kilograms) — run on liquefied natural gas, or LNG, Littlefair said. Manufacturers are beginning to roll out new engines for the long-haul tractor trailer rigs that run on LNG, he said.

LNG sells for $1.50 to $2 less a gallon than the equivalent amount of diesel and produces less carbon dioxide and other pollutants when burned, Chesapeake said in a statement.

Clean Energy Fuels will use the investment to add about 100 new fueling stations on major highways, Littlefair said. The company, co-founded by Littlefair and Dallas billionaire T. Boone Pickens and based in Seal Beach, California, has about 240 fueling stations already.

Demonstration Plant

Chesapeake chose to invest in Louisville, Colorado-based Sundrop because its technology may be able to produce a liquid from natural gas that costs about the same as LNG, McClendon said. Sundrop is backed by Oak Investment Partners and Kleiner Perkins Caulfied & Byers, according to its website.

“We certainly think the demonstration plant is going to prove the efficacy of the technology and the compelling nature of the economics underneath it,” McClendon said.

Chesapeake has begun converting its fleet of 4,500 light trucks to run on compressed natural gas. The company will convert 100 of its drilling rigs and some of its fleet of hydraulic fracturing equipment to run on LNG, it said today.

Converting the rigs and fracturing equipment will cut the company’s diesel fuel consumption by about 350,000 gallons a day, according to the statement.

Chesapeake is operating 157 drilling rigs in the U.S. this week, the most among oil and gas producers, according to data from Baker Hughes Inc.

Story by:
Mike Lee

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