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Leo Motors to Hold Grand Opening of Its Flagship Store; Commences Delivery of Scooter Order

^{Published on 2010-05-20 05:05:32 - Market Wire}
 

LAS VEGAS--([ BUSINESS WIRE ])--On May 18, 2010 Leo Motors Inc. (OTC: LEOM) announced that it has delivered the first 100 out of the 1170 scooters ordered by M&M Corp., the companya™s nationwide distributor in Korea. Leoa™s Hilless Series Scooters passed all inspections and quality checks from M&M, and have now been distributed to their dealer network.

"Last month we received our first large scale purchase order and began mass production of our breakthrough series of Electric Scooters. Now we have begun to deliver on our promises, achieve significant revenues from our operations and build shareholder value."

In addition, on May 20, 2010, Leo will hold the Grand opening of its Flagship Store in Seoul sponsored by M&M where customers can learn about Leoa™s innovative technology, experience the performance of its vehicles and place orders. Pictures of the store are available on the Leo website, [ www.leomotors.com ].

aI am thoroughly excited about the progress made at Leo,a CEO Robert S. C. Kang said in a statement. aLast month we received our first large scale purchase order and began mass production of our breakthrough series of Electric Scooters. Now we have begun to deliver on our promises, achieve significant revenues from our operations and build shareholder value.a

About Leo Motors Inc

Leo Motors has developed electric power for the electrification of many vehicles including scooters, motorcycles, full speed sedans highway buses and trucks. Leo Motors is also developing an on-board generator using a refuelable zinc air fuel cell.

Forward-Looking Statement

This press release includes aforward-looking statementsa within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms abelieves,a abelief,a aexpects,a aintends,a aanticipates,a awill,a or aplansa to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the companya™s reports and registration statements filed with the Securities and Exchange Commission.