Thomson Power Announces Partnership with CORPORACIÓN TERRA TRANSPERU SAC Signs MOU with Technology Product Sales Rep and Transport Consultant Vancouver, BC, Canada, August 20, 2014 - Thomson Power Inc., a Vancouver and Silicon Valley-based developer of energy efficient electric drivetrain solutions, announced today that the company has entered into a Memorandum of Understanding (MOU) to supply city buses, coaches and trucks utilizing its proprietary hybrid electric (HEV) ThomsonDrive® systems including vPCS® as well as future products and services to CORPORACIÓN TERRA TRANSPERU, a Peruvian-based trading corporation specializing in technology product sales and financing. “We are happy to announce our plans to work with CORPORACIÓN TERRA TRANSPERU to explore the market supply of CNG powered hybrid electric buses, mini buses, coaches and trucks in several latin american countries utlizing our innovative energy efficiency drivetrain systems,” said Ian B. McAvoy, Chairman and Chief Executive Officer of Thomson Power. “This MOU is a first step in establishing a strong and lasting technical and distribution partnership between two companies who share a common vision of being leaders in the emerging clean energy transportation market. Both companies are firmly focused on delivering environmentally and economically sustainable products that will have a competitive advantage over other suppliers in an emerging market.” CORPORACIÓN TERRA TRANSPERU SAC is a transport management consultancy and product sales representative and distributor with strong business alliances in several Latin American countries. They have established deep government and transport connections throughout Latin America and demonstrated access to capital markets to finance transport equipment. Both companies will further collaborate on product development and market entry strategies over the next several years. About Thomson Power Thomson Power is a developer and supplier of sustainable energy software and power management systems that dramatically improve the performance and efficiency of electric and hybrid drives in medium to heavy-duty truck and bus applications. The plug-and-play vPCS® adaptive controller and ThomsonDrive® integrated electric drivetrain solutions enable fleet operators to economically transition from conventional diesel engines to hybrid and electric buses and trucks. For further information, visit thomsonpower. ### For more information contact: Thomson Power Corporation Ian B. McAvoy, Chairman & CEO Phone: 604.376.4564 | Email: imcavoy@thomsonpower thomsonpower
Posted on: Wed, 20 Aug 2014 13:56:43 +0000
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