Echo Automotive (ECAU) Assembles Tech Advisory Board With Players From FedEx, Tesla and Duke Energy

NEW YORK, NY -- (Marketwire) -- 01/15/13 -- Echo Automotive, Inc. (OTCQB: ECAU) a developer of technologies and products that allow the cost effective conversion of existing vehicles into highly fuel-efficient hybrids and plug-in hybrids, has announced its world class advisory team from diverse corporate backgrounds of FedEx (NYSE: FDX), Duke Energy (NYSE: DUK), and Tesla Motors (NASDAQ: TSLA) to name a few. The full list can be seen here, www.echoautomotive.com/about-us#our-partners.

In the early part of December, the newly assembled Tech Advisory Board met to discuss the company's corporate strategy, execution strategy, and product and technical reviews. The Company's EchoDrive™, a revolutionary solution for aftermarket installation of an electric assist system for existing gasoline-powered small to mid-sized fleet vehicles, such as Ford E250 vans F150 trucks will be the initial product offering. The Ford F150 has been the US best-selling truck for nearly 40 years with over 2 million sold in the US alone since 2009.

Echo Automotive, Inc. develops technologies and products that allow the cost effective conversion of existing vehicles into highly fuel-efficient hybrids and plug-in hybrids. Echo Automotive, Inc.'s EchoDrive™ solution can reduce fuel usage in existing fleet operations by up to 50% while targeting a payback of 24 months or less. EchoDrive™ can be fitted on many vehicle models and can scale to delivering hundreds-of-thousands of kits without manufacturing risk. For more information, please visit www.echoautomotive.com.

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