Leo Signed MOU for Joint Venture in Japan

Dec 23, 2014 (ACCESSWIRE via COMTEX) Seoul, South Korea / ACCESSWIRE / December 23, 2014 / Leo Motors Inc. (OTCBB: LEOM) announced that it signed the Memorandum of Understanding with Eco Holdings, leading solar energy company in Japan to establish a joint venture company in Japan. The joint venture will manufacture and market electric fishing boats and energy storage systems in Japan. Signing the MOU, both companies are doing their best in developing electric fishing boats suitable to the Japanese fishing industry. According to Dr. Kang, CEO of Leo Motors, the MOU is the sign of the start of Leo s successful business in Japan. The electric fishing boat market in Japan is more than 3 times bigger than Korea. With this MOU, Leo is able to enter the hot market. Eco Holdings has more than 750 employees, and sold more than $200 million last year. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section
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