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Sunday, May 20, 2012
Automotive Power
All the latest news from R&D to the commercialization of the Automotive Fuel Cell Market.
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Vision Industries renews agreement with Martin Schuermann as President & CEO
Vision Industries Corp. VIIC -2.70% announced on June 14, 2011, that the Board of Directors of the Company has renewed Mr. Martin Schuermann's appointment as President and Chief Executive Officer of the Company for a term of three (3) years and has appointed Allan Legator as Secretary/Treasurer.
"Martin's reappointment insures continued forward progress and market traction for the company. He has positioned Vision Industries to be in the forefront of hydrogen fuel cell engine technology with endorsements from the Department of Energy and many of the nation's top freightliner and tractor manufacturers. We are excited to have him at the helm," said Scott Lambert, a member of Vision's Board of Directors.
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
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