BRIEF-Arcimoto Says Co Entered Exclusive Contract Manufacturing Agreement With Ellectramobilys To Build Muses GEN1 300 Light Electric Utility Vehicles

Reuters01-19

Jan 18 (Reuters) - Arcimoto Inc :

* ARCIMOTO INC: ENTERED EXCLUSIVE CONTRACT MANUFACTURING AGREEMENT WITH ELLECTRAMOBILYS TO BUILD MUSES GEN1 300 LIGHT ELECTRIC UTILITY VEHICLES

* ARCIMOTO: ELLECTRAMOBILYS TO PLACE ORDERS WITH CO FROM TIME TO TIME & WILL PROVIDE ROLLING 52-WEEK FORECAST TO ALLOW CO TO GET NECESSARY RAW MATERIALS

* ARCIMOTO INC - ELLECTRAMOBILYS WILL PLACE ORDERS WITH CO FROM TIME TO TIME AND WILL PROVIDE A ROLLING, FIFTY-TWO WEEK FORECAST

* ARCIMOTO INC - ELLECTRAMOBILYS WILL INDEMNIFY ARCIMOTO FROM ALL CLAIMS FOR PRODUCT LIABILITY AND WILL BE DEEMED THE MANUFACTURER

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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