Phoenix Motorcars, Inc. Selected by AlwaysOn as a GoingGreen 100 Top Private Company Award Winner
Recognized for Leadership in Clean Technology and Global Business Potential
Rancho Cucamonga, California – Phoenix Motorcars has been chosen by AlwaysOn as one of the GoingGreen 100 Top Private Companies for 2007. The first-annual elite GoingGreen 100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the GoingGreen 100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 500 nominations from venture investors, investment bankers and other industry experts.
"The AlwaysOn GoingGreen 100 companies will accelerate the global movement to a more sustainable environment," said Tony Perkins, founder and editor of AlwaysOn. "The ideas and innovation we saw as we reviewed hundreds of clean technology companies will be foundational to the next wave of economic growth in California and beyond. My congratulations to each AlwaysOn GoingGreen 100 winner —these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."
Phoenix Motorcars and the GoingGreen 100 Top Private Companies for 2007 will be honored at AlwaysOn GoingGreen to be held at the University of California in Davis from September 10 – 12. GoingGreen is a two-and-a-half-day executive gathering that highlights the significant impact clean technologies have on new economic growth and in sustainable use of natural resources. The idea behind the GoingGreen 100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the clean technology industry.
Phoenix Motorcars’ all-electric sport utility truck (SUT) can travel at freeway speeds while carrying five passengers and a full payload. The Phoenix SUT meets all specifications for a Type III Zero-Emission Vehicle, has a driving range of over 100 miles, can be recharged in less than 10 minutes and has a battery pack with a life of 250,000 miles or more. Equipped with a non-toxic, revolutionary Altairnano NanoSafe™ (NASDAQ: ALTI) all-battery pack, Phoenix Motorcars provides a evolution that answer the concerns of earlier battery electric vehicles.
“We are honored to have received this award,” said Daniel J. Elliott, CEO of Phoenix Motorcars Inc.
A full list of all the AlwaysOn GoingGreen 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/18632
About Phoenix Motorcars, Inc
Phoenix Motorcars Inc., a privately-held company headquartered in Ontario, Calif., has been an industry leader in the development of battery-electric, freeway-speed vehicles since 2001. The mission of Phoenix Motorcars is to manufacture zero-emission vehicles including Sport Utility Trucks and Sport Utility Vehicles to reduce the toxic emissions from the largest contributor to air pollution, personal automobiles. Phoenix Motorcars has strategic alliances with UQM Technologies, Inc. (AMEX: UQM) and Altair Nanotechnologies, Inc. (NASDAQ: ALTI)
About AlwaysOn GoingGreen
AlwaysOn GoingGreen is a two-and-a-half-day executive gathering that highlights the significant impact clean technologies have on new economic growth and in sustainable use of natural resources. AlwaysOn GoingGreen features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The goal of the conference is to identify the most promising entrepreneurial opportunities and investments in the clean tech industry.
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