EcoMotors a Finalist in Auto News’ PACE Awards

Allen Park, Mich., November 24, 2010 – EcoMotors opoc® engine is a Finalist for the prestigious – Automotive News’ PACE award. The PACE (Premier Automotive Suppliers' Contribution to Excellence) awards are selected annually from among the automotive supplier community and recognize practical innovation in the automotive marketplace.
This year thirty-five innovations qualified as finalists for the PACE Awards. EcoMotors opoc® is the first and only new engine architecture to be a finalist in the history of the PACE Awards…a remarkable achievement.

“We’re very proud to be a finalist for the PACE awards,” said Don Runkle, CEO of EcoMotors “but we are not surprised, the awards recognize practical innovation and that is one of the defining characteristics of our engine.”

Established in early 2008, EcoMotors is quickly achieving critical mass in terms of changing the landscape of internal combustion power. Based in Allen Park, Mich., EcoMotors is commercializing the unique opoc® engine for use in cars, light trucks, commercial vehicles, aerospace, marine, agriculture, auxiliary power units, generators, etc. Anywhere conventional gas or diesel power is currently utilized, opoc® represents a better propulsion solution.

The two primary investors in EcoMotors are Khosla Ventures and Bill Gates. Khosla Ventures offers venture assistance, strategic advice and capital to entrepreneurs. The firm helps entrepreneurs extend the potential
of their ideas in breakthrough scientific work in clean technology areas such as solar, battery, high efficiency engines, lighting, greener materials like cement, glass and bio-refineries for energy and bio-plastics, and other environmentally friendly technologies as well as traditional venture areas like the Internet, computing, mobile and silicon technology arenas. Vinod Khosla founded the firm in 2004 and was formerly a General Partner at Kleiner Perkins and founder of Sun Microsystems. Khosla Ventures is based in Menlo Park, California.