plus 3, Samyang Optics Announces Partnership With US Electric Car Maker - MSN Money

Samyang Optics Announces Partnership With US Electric Car Maker - MSN Money
2010 Suzuki Kizashi Earns Highest Safety Ratings in NHTSA NCAP Crash ... - Biloxi Sun Herald
Oshkosh Corporation's Defense Division Receives Two Delivery Orders ... - Transworld News
Elbert County Sheriff's Department - Elberton Star

Samyang Optics Announces Partnership With US Electric Car Maker - MSN Money

Posted: 27 Jan 2010 11:14 AM PST

Samyang Optics Co. Ltd. (Kospi: 008080.KSE) announced today at a special press conference extravaganza event held at the Grand Hilton Convention Center in Seoul, Korea, that it has signed a distribution agreement with California electric transportation pioneer ZAP (OTCBB: ZAAP) for the exclusive rights to manufacture, assemble and market ZAP's complete line of electric trucks, vans, motorcycles, scooters and ATVs in Korea. This event was well attended by more than 500 people, with 150 people from the media, including media coverage by SBS, YTN, and MBN television stations in Korea.

This partnership is part of Samyang's broader strategic plan to enhance its core business with a new thrust in cleantech, focusing on Korea's increasing market opportunities in electric vehicles. The agreement establishes Samyang as ZAP's exclusive distributor and assembly partner, leading to potential manufacturing for its electric vehicles in Korea. The distribution agreement commits Samyang to set up manufacturing facilities and distribution hubs in Korea with annual procurement quotas. The electric vehicle bodies will be produced by ZAP's recently announced manufacturing partner, Zhejiang Jonway Automobile Co. Ltd., and use the electric power train technology and engineering designed by ZAP and produced by ZAP Hangzhou, the joint venture between ZAP, Holley Group and Better World International.

Samyang, known for its camera lens manufacturing business, held a press conference today to announce this new strategic core business strategy targeting global growth in clean technologies. Under the distribution agreement, Samyang has secured the exclusive Korean distribution, assembly and eventually manufacturing rights for ZAP's latest and upcoming electric vehicle models, including the ZAP Alias electric car and the recently announced A380 5-door electric SUV (sports utility vehicle), developed by ZAP and Jonway. Preproduction models of each were showcased in Korea for the announcement. Samyang will be taking delivery of ZAP's electric vehicles from ZAP Hangzhou until their facilities are equipped to begin assembly in Korea.

Samyang's Co-CEO Christopher Kang, MD established the framework of this partnership with ZAP's President Gary Dodd at the North American International Auto Show held recently in Detroit. Dr. Kang says, "Samyang decided to partner with ZAP because of its extensive industry knowledge in electric vehicle production and the breadth and maturity of its current line of electric vehicles." According to Mr. Dodd, the expansion of ZAP's market through this partnership with Samyang in Korea further solidifies its strategic goals of supplying electric vehicles to global markets.

The Ministry of Knowledge Economy for Korea has announced plans to commercialize electric vehicles with an investment of 400bn won (US$342.6m) by 2014 on research and development for high-performance batteries and other related electric vehicle subsystems. The Ministry of Knowledge Economy has announced a goal of capturing 10 percent of the global market for zero-emission plug-in cars by 2015 with the target of having all-electric vehicles comprise 10 percent of domestic sales of small-size cars by 2020. This partnership is focused on addressing this opportunity.

Attending the press conference today were Samyang Co-CEOs and Directors Christopher Kang, MD and Sang-Yoon Rhee, along with ZAP Chairwoman Dr. Priscilla Lu, ZAP CEO Steve Schneider, ZAP President Gary Dodd, ZAP Hangzhou CEO Raymond Yang, Jonway CEO Alex Wang, Junfeng Feng, VP of International Investments for the Yuhang District of China, home to ZAP Hangzhou, and other officials.

Samyang Optics Co., Ltd.

Samyang, located in Masan, Korea, is a developer of optical lenses and a range of applications for closed circuit television systems used extensively in highly important security settings such as casinos and banks, as well as government and commercial buildings. Founded in 1972, Samyang's securities are publicly traded on the Korean stock exchange. Samyang is an exclusive supplier for "Made in Korea" lenses to Sears and has made lenses for Nikon, Canon, Minolta and Yashica. In 2004 Samyang merged with Japanese optical device maker Seikou.

About ZAP

ZAP is one of the world's oldest electric vehicle providers, having delivered over 117,000 of a broad range of vehicles to more than 75 countries since 1994. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. The Santa Rosa, California based company offers some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. For further information visit http://www.zapworld.com.

About Holley Group

Holley Group is the parent of Holley Metering Limited, a global leader in electric metering with diversified businesses spanning pharmaceuticals, real estate, telecommunications and IT. Holley employs more than 12,000 people and over 800 R&D personnel worldwide. Headquartered in Hangzhou, Holley operates manufacturing in China, Thailand, Argentina and Uzbekistan. Holley products are sold through offices in major cities throughout China, India as well as South East Asia and the European markets. For more information, visit http://www.holleymeter.com/en.

Safe Harbor Statement

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP's periodic reports filed with the Securities and Exchange Commission.

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Contacts: Samyang Mr. Dong Hoon, Kim +82-2-6005-8719 kdh5240@syopt.co.kr  ZAP Alex Campbell +1-707-525-8658 x 241 acampbell@zapworld.com

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2010 Suzuki Kizashi Earns Highest Safety Ratings in NHTSA NCAP Crash ... - Biloxi Sun Herald

Posted: 27 Jan 2010 10:10 AM PST

Enhancing driver confidence, and contributing to the Kizashi's Active Safety (i.e. a heightened accident avoidance capability), the Kizashi also offers a reinforced rigid chassis for added stability – via sport-tuned suspension – and control; four-wheel disc brakes with ABS and electronic brake-force distribution; Electronic Stability Program (FWD) or Intelligent Vehicle Stability Program (AWD); and excellent visibility via unobstructed sight lines, fold-down rear headrests and available rear sonar and backup camera.

The 2010 Suzuki Kizashi, which arrived in dealer showrooms last December, delivers a premium package and experience without the premium price tag. The Kizashi is available in four trim levels, from the well-equipped entry-level Kizashi S, priced between $18,999 for FWD and $21,749 for AWD, to the luxuriously appointed SLS model ranging from $24,399 for FWD M/T to $26,749 for AWD Continuously Variable Transmission (CVT). Prices do not include the $735 destination and handling charge.

About Suzuki

The Brea, Calif.-based Operations of American Suzuki Motor Corporation (ASMC) was founded in 1963 by parent company Suzuki Motor Corporation (SMC) and currently markets its vehicles in the United States through a network of approximately 350 automotive dealerships and numerous other motorcycle, ATV and marine distributors in 49 states. With global headquarters in Hamamatsu, Japan, SMC is a diversified worldwide automobile, motorcycle, and outboard motor manufacturer. In 2008, SMC sold more than 2 million new cars and trucks and more than 3.5 million motorcycles and ATVs. Founded in 1909 and incorporated in 1920, SMC has operations in 196 countries and regions. For more information, visit www.media.suzuki.com.

Media Contacts

Jeff Holland, American Suzuki – (714) 996-7040 ext. 2464, jeff.holland@suz.com

David Boldt, American Suzuki – (714) 996-7040 ext. 2464, david.boldt@suz.com

SOURCE American Suzuki Motor Corporation

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Oshkosh Corporation's Defense Division Receives Two Delivery Orders ... - Transworld News

Posted: 27 Jan 2010 09:20 AM PST

Windsor, Alberta 1/27/2010 05:25 PM GMT (TransWorldNews)

Oshkosh Corporation's (NYSE: OSK) Defense Division has received two delivery orders from the U.S. Army Tank- automotive and Armaments Command Life Cycle Management Command (TACOM LCMC). The contract is valued at over $325 million. The order to for spare parts and repair kits for the MRAP All-Terrain Vehicle (M-ATV).

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The orders are expected to start being delivered in August 2010 and to be completed by the end of January 2011. Oshkosh has received awarded valued at over $3.9 billion, to date, for the delivery of 6,619 M-ATVs, and spare kits and aftermarket in theatre support.

Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons.

About Stock Market Weekly

Stock Market Weekly is a financial website and independent electronic publication that provides information and free stock marketing alerts and news on selected publicly traded companies. We also track small cap companies that may be positioned to break out.

Stock Market Weekly is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.

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Elbert County Sheriff's Department - Elberton Star

Posted: 27 Jan 2010 04:12 AM PST

News

Police blotter

Elbert County Sheriff's Department

Jan. 17

Metal was reported stolen at Lunsford Granite Company. It was later returned.

Jan. 19

A refrigerator and fan were reported stolen on Washington Highway.

A man reported his debit card was used without permission on Jan. 14.

Scrap metal was reported stolen from Lunsford Granite on Old Middleton Road.

A woman reported her debit card used without her permission.

Jan. 20

A theft was reported on Montevideo Road.

A man reported his vehicle was scratched on Mineral Springs Road.

A woman reported her son's father pushed her down on Mineral Springs Road.

Jamarcus Donte Jones, 26, of 1119 Kathwood Drive in Elberton was arrested on an outstanding warrant.

A woman reported her well damaged on Danton Drive.

A truck was reported stolen in a burglary on Jones Ferry Road.

A man reported his jacket and fire pager stolen on Jan. 15 at the Inferno while he attended the Elbert County/Hart County basketball game.

A window in a mobile home was reported broken on Fortson Circle.

Tyler James Graham, 20, of 25 Chestnut St. in Elberton was charged with public drunkenness, underage possession of alcohol and possession of a Schedule IV drug.

A woman reported her ex-boyfriend pushed her head and slapped her at Destiny Foods in Bowman.

Jan. 21

A woman reported her credit card was used without her permission.

A woman reported a threat.

A fire was reported set in woods on Cedar Creek Road. Tires, a wooden lock box and a metal cash box were burned.

A man reported his 13-year-old daughter was harassed by email by a fellow student at Elbert County Middle School.

Jan. 22

A woman reported a window on her home was broken by an orange on Porter Drive.

A man reported checks stolen and used without permission.

Gems were reported stolen in a burglary on Jones Ferry Road.

Steel was reported stolen next to railroad tracks along Bowman Highway in Bowman.

Jan. 23

Roger Randolph Brown Sr., 48, of 18 Elton Lane in Elberton was charged with two counts of cruelty to children in the third degree, public drunkenness and aggravated assault under the Family Violence Act (FVA).

Jan. 24

Harassing phone calls were reported.

A trailer was reported stolen from Highway 172 in Bowman.

Two ATVs, a trailer and other items were reported stolen in a burglary on Parhamtown Road in Bowman.

A phone was reported stolen on Church Street in Bowman.

A mother reported harassing calls and text messages to her daughter.

Elberton Police Department

Jan. 17

Simple battery and criminal trespass were reported on Auld Avenue.

Jan. 19

A battery incident was reported on Third Street.

Niesha Laquet Lawrence, 35, of 1771 Woodall Road in Elberton was charged with no insurance.

Harvey Deorlanzo Jordan, 25, of 108 Cactus Hill Circle in Elberton was charged with obstruction of officers and driving while license suspended/revoked.

Shane Kirakis Smith, 23, of 56 Arnold St. in Elberton was arrested on an Athens-Clarke County Police Department warrant.

Jamie Demond Huff, 31, of 1393 Pine Hill Drive in Elberton was charged with driving while unlicensed.

Jan. 20

Carie Anne Dale, 25, of 1141 Lynda Lane in Elberton was charged with theft by shoplifting.

Trevor Anre Joiner, 36, of East Point was charged with forgery.

A theft was reported at the Elbert Memorial Hospital emergency room.

A vehicle was reported damaged on Elbert Street.

Jan. 21

Randall Lloyd Osborn, 36, of Rutledge was charged with DUI alcohol second offense, driving while license suspended second offense and required right turn and was arrested on a Morgan County warrant.

Santez Ferando Carter, 25, of 709 Old Mineral Springs Road/277 Locklin St. in Elberton was charged with battery under the Family Violence Act (FVA).

Jan. 22

A battery incident was reported on Mill Street.

A burglary was reported at the One Stop Store on Adams Street.

A theft was reported at Anytime Towing on Martin Luther King Boulevard.

A man reported two dogs killed his cat on Elm Street.

Jan. 23

An assault was reported on Elberta Court.

Officers investigated an assault at JuJu's Cafe on Almond Avenue.

A barred patron reportedly punched his fist through the front window of JuJu's Cafe on Almond Street.

Tires were reported slashed on Campbell Street.

A woman reported a hit-and-run in the Save-A-Lot parking lot.

Jan. 24

An auto was reported entered on Petersburg Road.

David Edward Eberhardt, 50, of 233 Third St. in Elberton was charged with public drunkenness and obstruction and arrested on a warrant.

A crack pipe was reported found on South Oliver Street.