Sigma Motorworks, Inc Announces Electric Sports Car Prototype

DARIEN, Conn., March 30 /PRNewswire/ -- Sigma Motorworks, Inc, an US-based
development stage company, announced the final construction stage of its
electric sports car prototype, the Sigma GTE.

The GTE brings up innovative features in its electric drive system. The car is
powered by two Advance Motors DC motors connected directly (no gearbox) to the
front and rear Ford differentials and providing peak 100 hp each, running at
144 volts.

The prototype was built around a Ford Mustang cockpit for enhanced safety and
improved interior quality, providing comfortable seating for 4 people. The
body was designed by Sigma and is made of reinforced fiberglass.

"This project is a test bed for a commercial high performance sports model we
will bring to the market by early 2010, when we expect to sell 500 cars," said
Matias Gorfinkiel, head of operations.

Maximum speed is expected at 145 mph and the lithium-ion cell packs should
provide up to 100 miles range. "This will be one of the fastest electric cars
in the world," said Steve Kase, head of development. "And it's one of the few
all-wheel electric cars around," he adds.

The GTE prototype awaits final components before test drive in James Island
(SC) where it was built.

Company
Sigma Motorworks, Inc is an US-based developer of electric drive vehicles for
the US and European markets. The company believes in independence from fossil
fuel sources and clean transportation projects.

With initial funding from private investors, Sigma is currently working on new
electric vehicle concepts for urban use as well as production car conversions.

Press Release Contact Information:
Matias Gorfinkiel
Head of Operations
Sigma Motorworks, Inc
+ 55 11 9259 3946
press@sigmamotorowrks.com

This release was issued through WebWire(R). For more information visit
http://www.webwire.com.

SOURCE Sigma Motorworks, Inc

Matias Gorfinkiel, Head of Operations of Sigma Motorworks, Inc,
+55-11-9259-3946, press@sigmamotorowrks.com