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Leo Motors, Inc. Files Three Key Patent Applications for Electric Vehicle Technology


Wednesday, December 17, 2008

New York, NY -- Leo Motors, Inc., an innovative automotive company engaged in the development, manufacture, and marketing of electric vehicles ("EVs") and EV components, has filed three key technology patent applications pertaining to the company's EV technology with the Korea Intellectual Property Office. The three patent applications relate to the company's Zinc Air Fuel Cell (ZAFC) power pack technology, as well as the company's Waterproof Air-cooled Polymer Power Pack and Wind Turbine Generator. Leo Motors believes that combined, these technologies solve the chronic problems plaguing traditional EVs, namely, limited driving range due to battery life.

Leo's ZAFC power pack technology eliminates traditional EV cost and performance barriers, such as high voltage control, charging time, and limited range. ZAFC power packs are designed to supply the electricity to the EV battery, charging the battery as long as tiny zinc balls are fed into the power pack itself. In practice, this means that for long range driving all one needs is a supply of zinc balls.

The Waterproof Air-cooled Polymer Power Pack solves the problem of power pack breakage caused by water entering the system. Traditionally, EV battery packs have been exposed to the danger of cell drop down or killing passengers with electric shocks due to heavy rains or flooding.

The Wind Turbine Generator generates electrical energy using front winds when a car runs; it also uses wind to assist the rotation power of the electric motor, thus significantly reducing electricity consumption of the motor; also, wind turbine generates electricity and charge the battery when the car reaches the cruise speed, thus it does not need assistance in the motor; and it is designed to make the jet stream in the tail of the EV propel the car faster. Using this reusable solution, the EV can reduce electricity consumption by up to 25%.

"Leo's cutting-edge ZAFC power pack has the potential to revolutionize the EV market, making it especially important for us to build out our intellectual property portfolio," said Robert Kang, PhD, the Company's Chairman and Chief Executive Officer. "Given the realities of current environmental concerns coupled with a troubled economy, now is a very exciting time to be in the business of developing next generation pure electric vehicles, plug-in hybrid, and battery zinc hybrid electric vehicles."

About Leo Motors, Inc.

Leo Motors, Inc. was formed from the most innovative team of electric automotive experts in 2005 and has since introduced a line of vehicles to the world. Leo Motors, Inc. emerged as a Delaware corporation in November 2007 as the result of a reverse merger with SIMCO America (OTC: SCMA). Leo Motors, Inc., a Delaware company (the "Company"), through its operating subsidiary Leo Motors., Ltd., a Korean company, is in the business of developing, manufacturing, and marketing Electric Vehicles ("EVs") and EV components. The company's ultimate goal is to become the global leader in the EV market. The company's overarching strategy is to gain an initial foothold in the EV market as a niche supplier, build on a reputation as a technology leader and a socially responsible company, and develop its catalog of products and technology while the market for EV develops. The company believes that if it can properly develop its brand, reputation, and product capability, then when the improving price and quality of EVs collides with the increasing demand, it will be able to reap the rewards. Leo Motors has established its technology and has been focused on securing a future export sales network in Australia, Japan, China, Southeast Asia, Europe, and the U.S. For more information, please visit www.leomotors.com.

Forward-Looking Statement

This press release includes "forward-looking statements" 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 "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" 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 company's reports and registration statements filed with the Securities and Exchange Commission.



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