APT MotoVox Group, Inc. (OTC BB: MTVX) launched a new online store for MOTOPEDS which are innovative hybrids that fuse the unique elements of a bicycle, a motorcycle and a moped into a radical new riding experience. The models come in Cruzer, Pro and Survival styles. MOTOPED® initially came to market last December in a hit kickstarter campaign that went viral and quickly sold out. They have reworked their brand identity and this week launched online sales offering an initial production run of 500 MOTOPEDS for a pre-Christmas delivery. During a soft launch over the weekend, they sold 25% which exceeded sales expectations.
Wayne Patterson, CEO of APT MotoVox Group, added, “MOTOPED has quickly grown to be one of the top-selling motor-assisted bicycles in the world. It causes people to take a completely fresh look at the way they approach two-wheeled transportation — whether that’s a bike to get to and from work or school, or for a variety of new recreational purposes. MOTOPED has achieved cult-like status in record time.”
For more information, visit http://www.motopeds.com
About APT MotoVox Group, Inc.:
APT MotoVox Group, Inc. (OTC BB: MTVX) is a Delaware registered corporation headquartered in Kansas City and is the holding company for the MotoVox® and MOTOPED® motorsport product lines, SmartCarb® patented fuel system, and the Sonic Flow small engine technology lines (http://www.motovox.com/, http://www.powerapt.com/ and http://www.motopeds.com)
Some statements made in this press release are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as “anticipate,” “believe,” “expect,” “future,” “intend,” “plan,” and similar expressions to identify forward-looking statements. These statements including those related to the growth of the industry and the Company’s performance, are only predictions and are subject to certain risks, uncertainties and assumptions. Additional risks are identified and described in the Company’s public filings with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company’s past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.
William Maher, SVP
APT MotoVox Group, Inc.
E & E Communications
SOURCE APT MotoVox Group, Inc.
Source: PR Newswire (October 6, 2014 – 10:47 AM EDT)