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Green Automotive to Present at Angel Investor Forum

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^{Published in Business and Finance on Monday, December 7th 2009 at 13:26 GMT by Market Wire}  

DALLAS, TX--(Marketwire - December 7, 2009) - Ganas Corporation, (PINKSHEETS: [ GNAS ]) d/b/a Green Automotive Company Inc. (pending name/symbol change), has been selected as a feature company for the December 9th, 2009 Dallas Forum by The InvestIN Forum ([ www.theinvestinforum.com ]).

Steven Fly, Chairman/CEO, stated, "It's a great honor to be chosen to present the Green Automotive Company to the InvestIN Forum. They are one of the most active and aggressive investment groups of angel investors that have great diversity in their portfolio. With the current news of the upcoming Tesla IPO, GM Volt, Nissan Leaf and Ford Transit are causing quite a stir in the automotive industry, now being fueled by enthusiasts that have formed a waiting list for these new and upcoming electric vehicles. The enormous amount of capital being invested world wide by governments, automobile industry entrepreneurs, and major private equity players, should ensure explosive growth for our organization."

The InvestIN Forum is part of a network of angel groups in Silicon Valley, Boston, Chicago, Los Angeles, New York, Reno, San Francisco, Seattle, Massachusetts, Dallas, New Delhi, Mumbai and Shanghai that work together syndicating deals. As part of the InvestIN Private Investor Network, a virtual community, the InvestIN Forum is able to present early stage investment opportunities to its members across the globe.

The InvestIN Forum President Laurence Briggs stated, "We are delighted to invite Green Automotive to present to our Dallas Forum and be featured in our Virtual Private Investor Network. Electric Vehicles are one of the hottest topics of the moment with enormous growth potential. We are very excited to feature a company that has managed to lock up the exclusive US import rights of the Zotye electric vehicles and provide this opportunity to our accredited investor network."

Green Automotive Company will be planning an aggressive public relations and media tour in January 2010 upon the arrival of the new Electric SUV. For more up to date information, please visit the company website at [ www.usaelectricauto.com ].

Green Automotive Company is the sole North American distributor for the new Zotye all Electric Sport Utility Vehicle (SUV) manufactured in Peoples Republic of China by Zotye International Holding Company ([ www.zotye.com/en ]). The Zotye Electric SUV Vehicle has: A/C & Heat, Power windows/Power locks, DVD Audio System, Integrated electric system monitoring screen (Monitor battery status, vehicle speed, charging status, Regular On Board Charging (front) and fast charging port (right side), Automatic transmission (8:1 ratio), Five Door 4 seats Electric SUV (Lithium Ion Battery) Max Speed: up to 70 mph, with a range of up to 250 miles. The Vehicle also comes with an 185,000 Mile Warranty.

View this release in video format: [ http://www.vodnewswire.com/vodnewswire/news/gnascorp-20091207/ ]

About Green Automotive Company Inc:

Green Automotive Company Corporation is a Delaware Corporation that is involved in the import/distribution of Electric Cars/SUV's to North America. More info visit; [ www.usaelectricauto.com ]

About Zotye:

Zotye International Holding Company is Chinese Corporation and a subsidiary of Zotye Holding Group. Zotye International is a foreign trade company and manufactures the all new electric ZOTYE SUV. More info; [ www.zotye.com/en/ ]

About The InvestIN Forum:

The InvestIN Forum is a Dallas based group of accredited investors and is part of network angel groups in Silicon Valley, Boston, Chicago, Los Angeles, New York, Reno, San Francisco, Seattle, Massachusetts, Dallas and recently New Delhi, Mumbai and Shanghai. The groups work together concurrently to make the best investments and close rounds. More info visit [ www.theinvestinforum.com ].

Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Ganas Corporation does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.