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Old 02-27-2009, 08:39 PM
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Fast Ventures selected as strategic advisor to BXR Motors, Inc.

Dallas-Forth Worth, Miami – January 05, 2009. Fast Ventures announced today that it has been selected as exclusive strategic advisor to Dallas-Fort Worth-based BXR Motors Inc., which is home to the widely anticipated Bailey Blade Roadster.

The company’s founder, Neal Bailey, initially achieved semi-celebrity status through his commitment to build the high-performance car based on a shoestring budget in his garage.

Today, Neal Bailey’s vision has grown way beyond an ambitious idea and led to the development of a curvaceous super car that will be available with a zero-emission electric powertrain, or a traditional 750 horsepower, 5.4L V8 combustion engine. Neal has also teamed up with his friend and business partner Eric Rodela to further his vision and make the Bailey Roadster a reality. The company’s website regularly receives more than 250,000 hits every month and has been featured in more than 80 periodicals, blogs, and articles from around the world. While BXR Motors, Inc. has yet to set a definite sales price for the Bailey Blade Roadster, they expect to be able to accept orders as of October of 2009.

“It’s funny, but when Eric and I received the first inquiries from people who wanted to know when the car becomes available and how much of a deposit we require to reserve a car, we knew that we needed the help of a seasoned strategic advisor to reach the full potential of our project,” said Neal Bailey. “By teaming up with Fast Ventures’ technology group we feel that we are not only in very capable hands, but also work with people who share our vision, enthusiasm, and commitment to the future success of our company,” he continued.

“Neal’s and Eric’s commitment to BXR Motors, Inc. is a text-book case that proves that the entrepreneurial spirit and can-do attitude is still going strong in America,” said Mark Alexander, Director of Fast Ventures’ technology group. “In times when American automakers whine over declining sales and line up in Washington, D.C. to apply for government handouts, these two entrepreneurs prove that timeless design, high-performance, and alternative fuel technologies do no longer reflect a far-fetched futuristic vision, but rather a prerequisite for building a successful car company,” he added.

Fast Ventures will assist BXR Motors, Inc. with its strategic business development, including the exploration of a viable capital market strategy to fund the completion of the Bailey Roadster prototype and subsequent production of up to 50 cars.

About BXR Motors, Inc.
BXR Motors, Inc. was founded by Neal Bailey and Eric Rodela. Although Neal initially conceived the idea for the Bailey Blade Roadster in 2007, the two have only recently decided to turn their vision for a next-generation high-performance car from a hobby into a business. As of January 2009, BXR Motors, Inc. plans offering the Bailey Blade Roadster with a 100% electric powertrain, powered by leading-edge lithium phosphate battery technology and a fuel efficient 750 horsepower 5.4L V8 combustion engine. While the company has yet to set a definite sales price for the car, they anticipate being able to accept reservations as of October of 2009. For more information, please visit Bailey Blade Sports Car | Supercar Roadster Sportscar | Blade Electric Sports Car | BXR Motors.

About Fast Ventures
Fast Ventures is a leading boutique consultancy advising talented entrepreneurs and emerging growth companies on strategic business development, corporate finance, and marketing & sales related issues. The firm has offices in London, Budapest, and Miami and recently announced plans to launch its own venture capital fund in 2009. For more information, please visit Fast Ventures - Welcome
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