Tuesday, June 06, 2006 3:23:45 PM
harb did you see the news on XMMC today? Just noticed myself. It didn't do much for the PPS. MMM
June 6, 2006 - 11:30 AM EDT
http://biz.yahoo.com/iw/060606/0133629.html
Xtreme Motorsports of California, Inc. Leads the Way With New Production-Based Sandcar Program
Xtreme Motorsports of California, Inc. (PINKSHEETS: XMMC), a specialty Sandcar and racecar developer and manufacturer, has seen tremendous results since the Company debuted its new production-based Sandcar program at the Extreme Motorsports Expo just over two weeks ago.
"Even before the Expo, we started to make great strides in company sales. We closed several deals during the show, and following the Expo, all of our programs have taken off," said Alan McCaa, President & CEO of Xtreme Motorsports. "We knew it would be exciting, but we didn't realize that consumers would jump on our new programs so quickly. We've quoted over 6 million dollars for Sandcar production within the last 10 work days and we're receiving new orders almost daily," added Mr. McCaa.
The new production based Sandcar program includes what Xtreme Motorsports calls a "SPEC" car. These cars have a list of pre-specified parts, mainly based on what consumers are looking for in a new Sandcar. The customer simply chooses one of the three available engine packages and their color, the Company completes the car, and the client picks up the finished product in approx. 90 working days. In addition to being offered some of the most competitive prices on the market, consumers can immediately see value once the car is completed with a list of available bolt options that can be purchased as well as a proprietary extended warranty program. "The industry has been in need of this for so long. Our clients work hard for their money and we're making changes weekly to accommodate their needs," stated Mr. McCaa.
In most cases sandcars are built to order with car prices ranging from $45,000 to $175,000 depending on the options. Lead times run anywhere from 6 months to 2 years, depending on the builder. With a production-based program that focuses on affordable cars ($30,000 - $40,000) and shorter wait times (60 - 90 work days), a large gap within market demand is filled. Xtreme Motorsports is taking the initiative in providing affordable cars to consumers everywhere.
About Xtreme Motorsports of California, Inc.
Xtreme Motorsports is part of the multi-billion dollar off-road recreational and professional racing market. Off-road vehicle ("ORV") racing is one of the fastest growing sports in the U.S. According to industry estimates, 49.6 million people have ridden or driven off-road vehicles at least once during the fall 2003/spring 2004 season. This represents almost 23% of the entire U.S. population. For more information, visit the corporate web site www.xtrememotorsports-cm.com or view our corporate profile on www.uptick.com.
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Market Wire (June 6, 2006 - 11:30 AM EDT)
News by QuoteMedia
www.quotemedia.com
June 6, 2006 - 11:30 AM EDT
http://biz.yahoo.com/iw/060606/0133629.html
Xtreme Motorsports of California, Inc. Leads the Way With New Production-Based Sandcar Program
Xtreme Motorsports of California, Inc. (PINKSHEETS: XMMC), a specialty Sandcar and racecar developer and manufacturer, has seen tremendous results since the Company debuted its new production-based Sandcar program at the Extreme Motorsports Expo just over two weeks ago.
"Even before the Expo, we started to make great strides in company sales. We closed several deals during the show, and following the Expo, all of our programs have taken off," said Alan McCaa, President & CEO of Xtreme Motorsports. "We knew it would be exciting, but we didn't realize that consumers would jump on our new programs so quickly. We've quoted over 6 million dollars for Sandcar production within the last 10 work days and we're receiving new orders almost daily," added Mr. McCaa.
The new production based Sandcar program includes what Xtreme Motorsports calls a "SPEC" car. These cars have a list of pre-specified parts, mainly based on what consumers are looking for in a new Sandcar. The customer simply chooses one of the three available engine packages and their color, the Company completes the car, and the client picks up the finished product in approx. 90 working days. In addition to being offered some of the most competitive prices on the market, consumers can immediately see value once the car is completed with a list of available bolt options that can be purchased as well as a proprietary extended warranty program. "The industry has been in need of this for so long. Our clients work hard for their money and we're making changes weekly to accommodate their needs," stated Mr. McCaa.
In most cases sandcars are built to order with car prices ranging from $45,000 to $175,000 depending on the options. Lead times run anywhere from 6 months to 2 years, depending on the builder. With a production-based program that focuses on affordable cars ($30,000 - $40,000) and shorter wait times (60 - 90 work days), a large gap within market demand is filled. Xtreme Motorsports is taking the initiative in providing affordable cars to consumers everywhere.
About Xtreme Motorsports of California, Inc.
Xtreme Motorsports is part of the multi-billion dollar off-road recreational and professional racing market. Off-road vehicle ("ORV") racing is one of the fastest growing sports in the U.S. According to industry estimates, 49.6 million people have ridden or driven off-road vehicles at least once during the fall 2003/spring 2004 season. This represents almost 23% of the entire U.S. population. For more information, visit the corporate web site www.xtrememotorsports-cm.com or view our corporate profile on www.uptick.com.
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Market Wire (June 6, 2006 - 11:30 AM EDT)
News by QuoteMedia
www.quotemedia.com
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