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Prototype Pedi-Cabs Ship to Mexico


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SOLANA BEACH, Calif., May 17, 2007 -- Armor Electric Inc. (BULLETIN BOARD: ARME.OB) is pleased to announce that two prototypes of the electric powered pedi-cab will be shipped today to Mexico City where the vehicles will undergo standard certification testing by official government engineering labs. Representatives of the purchasing client, BIMO Electrico S.A., visited the facilities of Armor's EPS partner last week to inspect final engineering changes and to arrange for customs clearance. BIMO is paying for the transportation and testing of the vehicles, and after government certification BIMO is committed to a large scale purchase order. Armor expects the orders to ramp up on a monthly basis as manufacturing expands until the entire 40,000 unit requirement is fulfilled.

Merrill Moses commented: "Today is an exciting day for Armor and its shareholders. For more than a year, we have pursued the BIMO order with our EPS partners, funding large development costs and enduring numerous engineering changes and challenges as well as the usual delays expected when doing business with government entities. We anticipate a smooth certification process and hope to be able to announce orders and revenue for our shareholders in the near future. We are confident that a successful launch of the electric pedi-cabs in Mexico City will bring serious interest from metropolises around the globe that currently face unmanageable gridlock, pollution, and oil scarcity."