Ecologic Transportation, Inc. is a holding company with wholly owned subsidiaries dedicated to environmentally friendly transportation products and services. The Company encompasses three separate but integrated operations that address the environment and transportation holistically. Ecologic Transportation, Inc.’s main operation is the car rental division. Ecologic Transportation, Inc. trades on the OTC Bulletin Board and they have their headquarters in Santa Monica, California.
The Ecologic Car Rentals unit engages in car rental operations and offers environmentally friendly vehicles. The Ecologic Systems unit operates as an alternative energy operations unit. It involves the development and management of enhancing and greening gas stations with new energy options and solutions.
The Ecologic Products unit develops, acquires, and licenses environmentally friendly products to undergo distribution by Ecologic Car Rentals and Ecologic Systems units, as well as other partner distribution channels. The Company provides an earth friendly platform for auto manufacturers to display environmentally friendly cars, energy companies to deliver alternative clean fuels and green technology companies to introduce new products.
Ecologic’s car rental business and systems business will provide distribution channels for certain environmental products and generate certain internal product requirements in order to be “green” throughout the operation. The business plan calls for the products to focus on transportation and their ancillary markets.
The first product, Ecologic Shine™, is a proprietary waterless car cleaning process that uses biodegradable solutions and creates no contaminating run-off. Ecologic Shine™ is currently being used in five markets in collaboration with a national airport parking chain with plans to roll out to the balance of their locations.
On September 15, 2010, Ecologic Transportation, Inc. announced that Ecologic Products, Inc. (one of the company’s wholly owned subsidiary) signed an exclusive agreement with KO Manufacturing, Inc. for environmentally responsible car cleaning products and processes. KO Manufacturing Inc. is an innovative leader in the commercial cleaning market. Based in Springfield, MO, their commitment is to reducing environmental impact through the use of cleaner technologies and more efficient processes.
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