BELLEVUE, Wash., Aug. 25, 2006 (PRIMEZONE) -- Bellevue-Washington based Evader, Inc. (www.evader.us) (Pink Sheets:EVDR), the maker of electric high-performance vehicles powered by leading-edge proprietary technology, is pleased to announce the addition of five U.S. Dealers and a key new Director.
New Dealers
"We are very excited that our customers can now buy Evader motor scooters from Florida to Seattle," said Ken Kelley, Evader CEO. "We welcome our dealer partners and will continue to announce new dealers and distributors in the coming weeks."
The newest members of the Evader team are Update Cycle in Greenville, South Carolina, Regal Graphics in Rock Hill, South Carolina, Mopeds and More in Ocala, Florida, Gekgo Scooters in Key Largo, Florida, and Georgia Cycle Sport of Athens, Georgia.
New Board Member
Evader welcomes Jerry Donatelli as the newest member of the Board of Directors. Mr. Donatelli, an MBA graduate of Adelphi University, is the founding partner of Cornerstone Capital Partners, which oversees investments in eleven (11) portfolio companies with a total enterprise value of almost $400 million. Mr. Donatelli was previously the President and founder of a privately held real estate investment and management company, managing a real estate portfolio in excess of $250 million and over 50 properties. Mr. Donatelli was also Executive Vice President of a corporate mergers and acquisition firm, and he held various engineering and financial positions with Exxon International Company. He is currently a director of Stanek Vinyl Windows, Corp., Window Technologies, LLC, Focus Doors and Windows, and RAD Technologies.
About Evader
Evader (www.evader.us) is a developer and manufacturer of advanced technology electric vehicles. Evader's all new, 4th generation proprietary technology was developed in the United States and is incorporated into all Evader products. Evader's corporate headquarters are in Bellevue, Washington, with European operations based in Zug, Switzerland and their Latin American division operating out of Miami, Florida and Sao Paulo, Brazil.
For more information, visit our website at www.evader.us.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements other than statements of fact, included in this release, are forward-looking statements that involve risks and uncertainties.