Workhorse(TM) by AMP Holding Inc. Develops HorseFly(TM) Aerial Vehicle Designed For Package Delivery Market

Workhorse(TM) by AMP Holding Inc. Develops HorseFly(TM) Aerial Vehicle
Designed For Package Delivery Market

Collaborated With University of Cincinnati Department of Aeronautical
Engineering and Engineering Mechanics to Build Battery-Powered Unmanned Aerial
Vehicle

CINCINNATI, Ohio, June 4, 2014 (GLOBE NEWSWIRE) -- via PRWEB - AMP Holding
Inc. (OTCBB:AMPD) (OTCQB:AMPD) announced today that its AMP Trucks subsidiary
has successfully designed and flown a prototype of its new HorseFly™
battery-powered unmanned aerial vehicle (UAV).

Steve Burns, AMP CEO said, "HorseFly is the logical extension of our mission
to help companies better manage their logistics operations. Whether a company
wants to deliver its packages by truck or by aerial vehicle, we want to be
able to answer their needs."

Built in collaboration with the University of Cincinnati's Department of
Aerospace Engineering and Engineering Mechanics, the eight rotor aircraft uses
advanced motor controls to manage the dynamic forces such as wind gusts
associated with flight.

"Our years of designing battery systems and motor control systems for our
electric cars and trucks gives us a wealth of experience on how to control and
power an aerial vehicle. Like ground-based electric vehicles, the best battery
will win. This isn't a hobbyist venture, we're working on an industrial
strength, professional grade battery pack to ensure reliability and longer
flight times" Burns added.

When mated to a Workhorse Electric Truck, the HorseFly™ can quickly recharge
from the large battery in the Workhorse truck. With delivery trucks scattered
within almost any region during the day, the UAV can make short flights from
the vehicle, as opposed to flying from a warehouse for each delivery.

Under an aviation law enacted in 2012 permitting the use of drones for public
safety, commercial use of drones is still prohibited, however most aviation
law experts expect that the 2012 law will be extended to include commercial
use of drones late this year or early in 2015.

About AMP Holding Inc.

AMP Holding Inc. is the parent company of AMP Electric Vehicles Inc. and AMP
Trucks, Inc. Amp Electric Vehicles manufactures electric drive systems for
medium-duty, class 3-6 commercial truck platforms produced under the Workhorse
brand by its AMP Trucks, Inc., subsidiary. For additional information visit
http://www.ampelectricvehicles.com

Forward-Looking Statements

Certain statements contained in this press release may constitute
"forward-looking statements". Forward-looking statements provide current
expectations of future events based on certain assumptions and include any
statement that does not directly relate to any historical or current fact.
Actual results may differ materially from those indicated by such
forward-looking statements as a result of various important factors as
disclosed in our filings with the Securities and Exchange Commission located
at their website (http://www.sec.gov). In addition to these factors, actual
future performance, outcomes, and results may differ materially because of
more general factors including (without limitation) general industry and
market conditions and growth rates, economic conditions, and governmental and
public policy changes. The forward-looking statements included in this press
release represent the Company's views as of the date of this press release and
these views could change. However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.

Contact: Daniel Zito
Workhorse
dan.zito(at)workhorse.com
513-300-5910

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2014/06/prweb11913357.htm

CONTACT: AMP Holding, Inc.
         Dan Zito
         dan.zito@workhorse.com
         513-300-5910
 
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