SOLANA BEACH, CA – May 1 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTC Bulletin Board: ARME) today announced the appointment of Mr. Sam Karp to the Board of Directors. Mr. Karp is a resident of and premier builder/developer in the exclusive community of Rancho Santa Fe, located in southern California. Mr. Karp has a great interest Armor and believes in the exceptional potential of Armor’s electric vehicle program sufficient to provide a substantial capital investment into the company in February 2005 and again in April 2006.
Mr. Karp founded Kachay Homes in 1975, developing and building exclusive residential homes and commercial projects including condominiums, office buildings, a shopping center and a hotel in Bloomington Hills Michigan, Florida, Texas and since 1989 in the southern California areas of Del Mar and Rancho Santa Fe.
Sam Karp and his Investment Partners Group are always looking for exceptional opportunities in the forefront of significant and aggressive trends. They are very pleased to be associated with the company both from the standpoint of substantial share holders but also in the benefit Mr. Karp can bring to the company with his background, location to the company and exceptional contacts in southern California and in the international arena.
Armor also announced today the resignations of Mr. Harj Manhas and Mr. Thom Eggertson from the Company’s Board of Directors. The Company wishes to express a sincere thank you for the service provided to the Board by these two former members and wish them well in their new endeavors.
About Armor Electric, Inc.
Armor Electric, Inc. (www.armorelectric.com) is a leader in the design, manufacture, and distribution of electric battery power drive systems for land and water vehicles.
For further information, please contact: Investor Relations, cschertzer @ armorelectric.com
This information may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed on the website might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
OTC BB: ARME / ARME.ob
News issued by: Armor Electric, Inc.
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Original Story ID: (1587) :: 2006-05-0501-001
Original Keywords: Mr. Sam Karp, Armor Electric, Inc., ARME.ob, OTCBB: ARME, Investment Partners Group, design, manufacture, and distribution of electric battery power drive systems for land and water vehicles, California Armor Electric, Inc.
News Source: Armor Electric, Inc.