Tuesday, September 28 2010 1:00 PM, EST SpeechSwitch, Inc. (USOTC: SSWC) Electric Vehicle Partner Sought Marketwire "Press Releases "
FLEMINGTON, NJ -- (MARKET WIRE) -- 09/28/10 -- Ken Glynn , President of SpeechSwitch, Inc. (PINKSHEETS: SSWC), reported today that a patent application was completed and filed last week on another solar-related invention. This application, in which Glynn is the sole inventor, has been assigned to the Company. The invention has been developed to enable electric vehicles to recharge in the absence of an outlet designed for that purpose. The idea of electric vehicles with solar panels on its body is not new. However, Glynn pointed out that his invention involves multiple panels that telescope or swing out to substantially increase, by five to ten times, the amount of panel surface area for recharging when the vehicle is parked. The new system may be used for emergency recharges, as well as for enhancing or reducing the need for outlet recharging. The invention is also designed for boats and yachts for recharging the battery systems, especially when batteries go dead at sea. Ken further indicated that he has initiated discussions with major auto manufacturers worldwide to seek a partner for a developmental prototype. Auto manufacturers involved in electric vehicle development include GM, Nissan , BMW , SmartCar and others.
Information set forth in this press release contains various "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. The Private Securities Litigation reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
Contact: Ken Glynn 908 788 0077
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