Ecologic Transportation Expands Senior Management for Aggressive Growth


ecologic

SANTA MONICA, CA--September 22, 2011: Ecologic Transportation, Inc. ("Ecologic Transportation" or the "Company") (OTCBB: EGCT) announces today that it has made a significant move in its quest to accelerate its growth plan by teaming with William B. Nesbitt as its President & Chief Operating Officer effective September 21, 2011.

“I've known Bill Nesbitt for over 14 years and he is an accomplished man that is driven by his desire to succeed.”

William B. Nesbitt founded Olin's Rent A Car in NYC which subsequently moved to Miami, FL and eventually became Alamo Rent A Car. At Alamo Rent A Car, Mr. Nesbitt was a Principal and charged with overseeing the implementation of the company's rapid expansion over the next 18 years. He oversaw the opening of over 60 locations in 2 years and, during his tenure at Alamo, grew revenues to $1.3 Billion Dollars from about $10 Million Dollars. Mr. Nesbitt stated, "I came to Ecologic Transportation with one goal and one goal only, to build another successful company." Nesbitt adds, "The time could not be more perfect than now to build a car rental brand with a singular focus on environmentally friendly cars. I look forward to working with Bill Plamondon who I have been an admirer of as an industry competitor."

Ecologic's current management team and Board of Directors are excited for the addition of Mr. Nesbitt and his extensive business background and focus on growth. We believe that he is going to be an invaluable addition to the Ecologic team to drive our growth strategy. Chairman Edward Withrow says, "I've known Bill Nesbitt for over 14 years and he is an accomplished man that is driven by his desire to succeed."

Bill Nesbitt will be available along with Ecologic Senior Management for a shareholder update to be held telephonically the second week of October. The exact date and call in information will be released next week.

ABOUT ECOLOGIC TRANSPORTATION, INC.

Headquartered in Santa Monica, CA, Ecologic Transportation, Inc., is a holding company with wholly owned subsidiaries all dedicated to environmentally friendly transportation products and services. The company encompasses three separate but integrated operations that address the environment and transportation holistically: Ecologic Car Rentals, Ecologic Systems and Ecologic Products. This innovative company has an unbiased approach to green cars and clean fuels by providing a business platform for all emerging environmental transportation technologies. For more information: Ecologic Transportation.

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