BRIEF-Mullen To Integrate Troy, Irvine Engineering Centers

Reuters04-08

April 8 (Reuters) - Mullen Automotive Inc :

* MULLEN STREAMLINES BUSINESS OPERATIONS TO FOCUS ON NEAR TERM COMMERCIAL OPPORTUNITIES

* MULLEN AUTOMOTIVE INC - COST SAVING INITIATIVES AIMED AT REDUCING OPERATING AND INVESTING CASH FLOWS BY APPROXIMATELY $170 MILLION OVER NEXT 12 MONTHS

* MULLEN AUTOMOTIVE INC - PRIORITIZING NEAR TERM REVENUE OPPORTUNITIES AND SIGNIFICANTLY CURTAILING NONCOMMERCIAL PROGRAM

* MULLEN AUTOMOTIVE INC - PLANNED CHANGES INCLUDE INTEGRATION OF TROY AND IRVINE ENGINEERING CENTERS

* MULLEN AUTOMOTIVE INC - BUILDING ON MARCH TRANSACTIONS, APRIL GOAL IS TO MOVE 100 UNITS OF MULLEN COMMERCIAL EVS

* MULLEN AUTOMOTIVE INC - MAKING THESE CHANGES TO REFINE BUSINESS OPERATIONS AND BETTER ALIGN FOCUS ON COMMERCIAL EV SEGMENT

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