July 1, 2010 —The Pflugerville Community Development Corporation (PCDC), which promotes economic development and employment in the city, today announced it has finalized an agreement with National Scooter Company Inc. to facilitate the relocation of the company’s global headquarters to Pflugerville by August 1.

National Scooter Company, which designs, develops, manufactures, sells and distributes a multi-line of bikes, scooters, motorcycles and electric cars, is expected to bring more than 100 jobs to Pflugerville within three years. “As a region, we strategically target companies in high-potential and strong growth industries to ensure that we are building a solid, diverse base of businesses,” said Charles Simon, executive director of the PCDC. “National Scooter Company will be
supplying dealerships across the country with electric and gas vehicles designed and
manufactured in Pflugerville.”

The president and CEO of National Scooter Company, Greg James, is relocating the business from East Texas and Seattle, Washington. James said nine cities in Texas and one in Washington were considered for the business’ new location. According to James, the ‘ace in the hole for Pflugerville’ was the city’s ability to offer Triple Freeport exemption, which gives businesses who assemble, process, manufacture or store certain goods an exemption from paying county, school district and city taxes if the goods are shipped out of the state within 175 days. Several market pressures have put National Scooter Company in an ideal position to meet the demands of a largely unserved market.

“National Scooter Company was formed to meet the rapidly growing demand of consumers seeking affordable, high-quality, high-mileage transportation,” James said. “We will create new jobs in the United States by bringing manufacturing that was previously sourced in China to Pflugerville, Texas. We intend to improve product quality, create design and engineering differentiators, and generate new marketing opportunities as an American-produced product.”

National Scooter Company’s global headquarters, manufacturing, design and engineering, distribution and shipping, as well as a factory retail store will be located at Springbrook II Business Park, 1950 Picadilly Drive, in Pflugerville. The company’s flagship retail store, Austin Electric Vehicles, is also expected to open in Austin in the near future. For additional information regarding investment opportunities, employment, or to inquire about becoming a dealer, contact National Scooter Company at info@austinelectricvehicles.com.

About the Pflugerville Community Development Corporation
The Pflugerville Community Development Corporation supports the city’s goals of smart growth while diversifying the city’s tax base and providing support to both commerce and the community. PCDC promotes Pflugerville as a desirable place for new businesses to operate, and supports existing businesses by helping to address their needs. PCDC can provide funding for use as an incentive to businesses to begin doing business in Pflugerville. PCDC funds, which are 4B money generated from a half-cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities and drainage projects. Located 16 miles northeast of Austin and just south of Round Rock, Pflugerville is wellsituated in a growing region. Recent transportation improvements, such as state highways 45 and 130, offer further linkage and direct access to other nearby cities and the region’s main airport. For more information, visit www.pfdevelopment.com.

.About Opportunity Austin
Opportunity Austin is the Austin Chamber of Commerce's five-year economic development initiative to foster sustainable growth through the creation of new jobs and increased payroll in the Central Texas region.