Automotive X Prize Team Available to Discuss Guidelines

Preliminary Guidelines for Multi Million Dollar Prize Now Open for Public Comment

NEW YORK, April 4 /PRNewswire-USNewswire/ -- The Automotive X Prize team will be available Wednesday, April 4 and Thursday, April 5 at the New York International Auto Show (NYIAS) to discuss their draft competition guidelines for a multi-million dollar prize to build a super efficient vehicle that can attain 100 miles per gallon or its equivalent.

Available during the press preview days are: Mark Goodstein, Executive Director of the Automotive X Prize, and AXP Senior Directors Cristin Lindsay, John Shore and Neal Anderson.

In additional to releasing draft guidelines, AXP invites interested teams -- major auto companies and innovators alike -- to execute letters of intent to participate as the AXP moves toward an official launch later this year.

To arrange an interview with a member of the AXP team, please contact Carrie Fox at the NYIAS at 202-255-9214.

To view a copy of the draft guidelines, please visit http://auto.xprize.org.

The X PRIZE Foundation is an educational non-profit prize institute whose mission is to bring about radical breakthroughs in space and technology for the benefit of humanity. On October 4th, 2004, the X PRIZE Foundation captured world headlines when Mojave Aerospace Ventures, led by Burt Rutan and Paul Allen, built and flew the world's first private craft to space twice in two weeks to win the $10 million Ansari X PRIZE. Because of the dramatic nature of the achievement, the X PRIZE Foundation is now widely recognized as the leading model for fostering innovation through competition. In October 2006, the Foundation launched the $10M Archon X PRIZE for Genomics for the first team to sequence 100 human genomes in 10 days.

CONTACT: Carrie Fox, +1-202-255-9214, or Don Foley, +1-703-855-8910, for Automotive X Prize

Web site: http://auto.xprize.org/


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