Carbon Motors™ Addresses the GT Foundation

December 08, 2006

ATLANTA, Georgia, December 8, 2006 – Today, at the invitation of the Chairman of the GeorgiaTech Foundation, Don Chapman, and Vice-Provost Dr. H. Wayne Hodges of the Enterprise Innovation Institute of the Georgia Institute of Technology (GeorgiaTech), Carbon Motors addressed the Board of Directors of the GeorgiaTech Foundation.

William Santana Li, Chairman and CEO, Carbon Motors, remarked, “We continue to build our relationship with GeorgiaTech since the signing of the Memorandum of Understanding (MOU) last year as well as the Master Research Agreement (MRA). We appreciate the kind interest and gracious support from the Board of Trustees of the GT Foundation and look forward to continuing to build on our relationship.”

About Carbon Motors Corporation

Carbon Motors Corporation is a new American automaker with an innovative business model. Carbon is developing and will manufacture, distribute, and service an all-new purpose-built law enforcement patrol vehicle. The Carbon mission includes developing a new lower-volume capable vehicle platform, establishing a direct and efficient end-to-end supply chain, and continuing to foster public and private sector collaboration.

About the GeorgiaTech Foundation, Inc.

It is the mission of the Georgia Tech Foundation, its Board of Trustees, officers and staff to foster and manage gifts given in support of academic excellence in the spirit and traditions of the Georgia Institute of Technology. The Georgia Tech Foundation is dedicated to continuing this mission, as it has since 1932, and pledges to faithfully provide to the Georgia Institute of Technology the support it so richly deserves. You can learn more at www.edi.gatech.edu