T3 Motion Launches Aggressive New Trade-in Program for Segway Owners
The new, "If you can drive it, you can dump it" trade-in program is available to all Segway owners who purchase a new T3 Patroller™ or Vision™ Series vehicle between May 15th, 2013 and August 15th, 2013
COSTA MESA, Calif.--(BUSINESS WIRE)-- www.t3motion.com- T3 Motion, Inc. (NYSE MKT: TTTM), the leading provider of EV technology to consumer, law-enforcement and government markets, announced today that it has launched an aggressive new Segway trade-in program for all current Segway owners who purchase any model T3 vehicle.
"T3 Motion, as part of our aggressive entry into the Consumer and Touring markets with our new Vision™ Series vehicles, has begun offering an exciting new trade-in program for all current Segway Dealers and Owners. We've found that many of our customers have older Segway vehicles and that due to safety concerns, balancing issues, and high insurance costs, they are no longer of any value to their operations. This new program will help facilitate their transition to a safer, high quality vehicle. Our new Vision™ Series vehicles contain the advanced features of our larger commercial vehicles which dominate the commercial security, law enforcement and government markets including our patented removable battery power systems," said William Tsumpes, CEO of T3 Motion.
"Our vehicles offer so many significant advantages over these older, two wheel vehicles that we have had many requests for a trade-in program. We think that the new Vision™ vehicle launch would be the perfect time to give these owners exactly what they've been asking for," Tsumpes stated. "The new smaller T3 Vision™ series vehicle is perfect for both indoor and outdoor environments. With features such as our removable battery packs, this series allows someone such as a Resort Tour operator or Security Provider to operate their businesses with half the number of vehicles as compared to the Segways. Half the number of vehicles also equates to half the investment in equipment, and half the operating and maintenance costs to keep their fleets running, translating directly in to more bottom line profit."
The program is available to all current Segway owners who purchase a new T3 Motion vehicle between the dates of May 15th, 2013 and August 15th, 2013 subject to the T3 Motion Trade-In Program Terms and Conditions.
The program will provide up to a $3,000 credit for the purchase of a T3 Patroller™ Series vehicle, or up to $2,000 credit for the purchase of a T3 Vision™ Series vehicle.
About T3 Motion
T3 Motion, Inc. (NYSE MKT: TTTM) designs, markets and manufactures the T3 Patroller and Vision Series Electric Stand-up Vehicles. Headquartered in Orange County, California, T3 Motion is dedicated to raising the bar on law enforcement and security capabilities in personal mobility technology. More than 4,000 T3 vehicles have been deployed in over 30 countries worldwide. For more information, visit www.t3motion.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding T3 Motion's business, which are not historical facts, are "forward-looking statements" that are not guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, among others, factors associated with market conditions and the satisfaction of customary closing conditions related to the proposed public offering. For additional information concerning these and other factors that may cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Registration Statement filed on Form S-1, as amended, and in the periodic reports the Company files from time to time with the Securities and Exchange Commission.
T3 Motion, Inc.
William Tsumpes, CEO
KEYWORDS: United States North America California
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