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Date: 31 March 2009

On behalf of: Vectrix Corporation ('Vectrix' or 'the Company')

Embargoed until: 0730hrs

Vectrix Announces Suspension of Trading Pending Publication of Accounts

Middletown, R.I.- March 31-Vectrix Corporation (www.vectrix.com), the maker of the world's first high performance, two-wheel zero emission vehicle, announces that the Directors expect that the Company will not be able to publish its Report and Accounts for the year ended 30 September 2008 (the 'Accounts') until, inter alia, the successful completion of a fund-raising exercise. Therefore, the Company is not in a position to publish the Accounts by 31 March 2009, as required by the AIM Rules, and accordingly trading of the Company's common stock on the AIM market of the London Stock Exchange will be suspended with effect from today, pending publication of the Accounts.'

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Enquiries to:

VECTRIX Corporation                                       www.vectrix.com 

Michael J. Boyle, President and CEO               (401) 848-9993

HSBC

Nick Donald / Nic Hellyer                                   +44 (0)20 7991 8888

Notes to Editors

About Vectrix

Vectrix listed on AIM in May 2007 and is the developer of the world's first high performance, zero emission, electric motorcycle which is at least 10 times more powerful than existing electric power two wheel vehicles.

Vectrix is dedicated to developing and commercializing zero emission vehicle platform technologies focused on two-wheel applications. Longer term, Vectrix plans to develop environmentally sensitive technologies for other segments within the transportation industry. 

Vectrix is headquartered in Middletown, Rhode Island, USA, has a modern vehicle assembly facility in Wroclaw, Poland and an R&D center in New Bedford, Massachusetts.

Vectrix was awarded the 2006 Frost & Sullivan Award for Technology Innovation and Leadership in Alternative Vehicle Technologies.

Transportation is the largest single source of air pollution in the world. A typical motorcycle/scooter produces significantly more CO2 and pollutants than a large diesel truck, and far more than a modern low emission automobile. The Vectrix bike utilizes innovative zero-emission technology, offering customers a clean, affordable, and much needed alternative.

 

 

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