Balqon Corporation CEO Balwinder Samra Interviewed on Bloomberg Television’s “Taking Stock” with Pimm Fox
HARBOR CITY, Calif.--Balqon Corporation (OTCBB:BLQN), an emerging developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, announced today that President and CEO, Balwinder Samra, appeared as a guest on Bloomberg Television’s “Taking Stock”. Mr. Samra was interviewed by host Pimm Fox and discussed Balqon’s heavy duty electric trucks, tractors, electric drive systems and Balqon’s role in advancing clean energy technologies in the U.S.
The interview may be viewed in the Media Coverage section of Balqon’s web site: http://www.ir-site.com/balqon/media.asp
About Balqon Corporation
Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector control technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities. For information about Balqon Corporation and its product offerings, visit www.balqon.com. Balqon Corporation’s common stock is traded on the OTC Bulletin Board under the symbol “BLQN.”
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
With the exception of historical information, the matters discussed in this press release and in the interview with Bloomberg Television, including Balqon Corporation’s marketing and strategic initiatives, are forward-looking statements that involve a number of risks and uncertainties. The actual future results of Balqon Corporation could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, unforeseen technical issues; Balqon Corporation’s ability to attract sufficient capital; the ability of Balqon Corporation to attract and retain talented individuals; adverse economic and market conditions; the projected future demand for Balqon Corporation’s products; changes in technology and governmental regulations and policies; and other events, factors and risks previously and from time to time disclosed in Balqon Corporation’s filings with the Securities and Exchange Commission, including, specifically, those factors set forth in the “Risk Factors” section of Balqon Corporation’s Amendment No. 1 to its Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission on May 22, 2009 and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 as filed with the Securities and Exchange Commission on November 16, 2009.