| Vision Industries and Burtek, Inc. to Enter Into Teaming Agreement |
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Los Angeles,
CA, May 17, 2010—Vision Industries Corp. (OTCBB:
VIIC), producers of zero emission electric/hydrogen hybrid trucks, is pleased
to announce that it has signed a letter of intent with Burtek, Inc. to
enter into a teaming agreement regarding Burtek’s
representation and/or production of Vision’s hydrogen fuel cell-related
products for the U.S. defense market.
The Vision products under consideration for this teaming agreement
include Class 8 hydrogen fuel cell trucks; its mobile
synthetic hydrogen fuel generation system; and platform, trailer and other
vehicle platforms with hydrogen fuel cell power trains as they are made
commercially available by Vision. “Consider
the fact that a full 80 percent of all United States Marine Corps fatalities
occur in convoys; 40 percent of which are primarily involved in the transport
of both water and fossil fuels,” said Dr. James I. Finley, President and
Chief Executive Officer of Burtek. “Reducing or eliminating the need to transport
fossil fuels and water further entrenches the value of the hydrogen-fuel
solution in saving American lives.” Of the agreement, Martin Schuermann, President and CEO of Vision stated, “We are excited
about the prospect of working with a company that has proven itself
to be very successful in the military marketplace. The U.S. Marine Corps Systems Command is
currently soliciting demonstration projects for its experimental, forward
operating base exhibit at the Marine Corps Base in About Burtek, Inc. Burtek, Inc. is a wholly-owned subsidiary of Rabintex Industries Ltd.
Burtek, headquartered in About Vision Industries Corp. Vision is a developer of zero emission
electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling
systems. Vision’s proprietary electric/hydrogen hybrid drive system
combines the superior acceleration of a battery powered electric vehicle with
the extended range provided by a hydrogen fuel cell. Vision uses major manufacturers
as partners or sub-contractors to produce its vehicles. This business approach
avoids massive outlays of startup capital. Many regional, state and
federal alternative energy programs in the form of grants, subsidies, tax
credits and loans exist or are planned. For more information on Vision
Industries Corp., please visit www.visionindustriescorp.com Matters discussed in this press
release contain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this press release, the
words "anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements. Actual results,
performance or achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the Company
and are subject to a number of risks and uncertainties. These include, but are
not limited to, risks and uncertainties associated with: the impact of economic,
competitive and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the national and
local economies resulting from terrorist actions, and Vision
contact: Rusty Miller, 310.450.0299 Ext. 205 or
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