BAT's 'Electrobike' and'EV Bike' Compete for Top Honors
26 April 1999
BAT International's 'Electrobike' and Lee Iacocca's 'EV Bike' Compete for Top Honors at LA Convention Center Bike ExpoLOS ANGELES, April 23 -- BAT International (OTC Bulletin Board: BAAT) announced today that its Electrobike subsidiary will introduce a new line of electric bicycles. The electric powered bicycles will be on display at the Southern California Bike Expo at the LA Convention Center on April 23rd to 25th. Lee Iacocca's electric bicycle company, EV Global Motors, will be right across the aisle. Electrobike expects to "wow" the crowd with a series of exhibits including a Miripolsky Motorcanvas, and the video of Miripolsky riding through San Francisco and creating an "electric art happening". Electrobike will also unveil its new "toy" electric bicycle and exhibit its "Jazz" bike. Also part of the exhibit is an Electrobike "Dealer Kit" which includes a point of purchase display, "Jazz" bikes, a neon store-front sign, merchandise and apparel. One important objective of Electrobike's attendance at the Bike Expo is to host interested dealers and demonstrate the consumer reaction to Electrobike's product line. This Expo is a milestone in that it marks the beginning of the electric bicycle industry in the United States. Additional information about Electrobike products and dealership program can also be found at the company's web site at http://www.electrobike.com. BAT International is organized as a holding company with major ownership positions in subsidiary companies now commercializing advanced transportation and energy technology products developed by BAT. Technologies developed over the last six years include electric vehicles, composite chassis, super- efficient and high power engines, electric bicycles and scooters, advanced batteries, lubricant additives, and electric power generation systems. For information, see BAT's web site at http://www.baat.com. This press release contains forward-looking statements that should not be used to make an investment decision. Please refer to the BAT International web site and other sources for more detailed Company information or call Investor Relations at 619-409-8977, Media Relations at 619-409-8980 or Sales at 619-409-8982.