JMIH news from Miami Boat Show.
Jupiter Marine Receives Orders Resulting from Appearance at the Miami International Boat Show
Business Wire - March 17, 2005 12:06
FORT LAUDERDALE, Fla., Mar 17, 2005 (BUSINESS WIRE) -- Jupiter Marine International Holdings, Inc. (OTCBB: JMIH), a leading manufacturer of high quality, semi-custom center console boats under the Jupiter(TM) brand name, today announced that it received orders for twelve vessels with an estimated retail value of $2.4 million during, and in the weeks subsequent to, its appearance at the 64th Annual Miami International Boat Show.
The Company introduced its new Jupiter 38' Forward Seating model at the Miami International Boat Show, which was held from February 17-21, 2005. This new model was well received by Jupiter Marine's dealer organization and customers, resulting in orders for five Jupiter 38' boats at the show. The Jupiter 38' is a completely new design, conceived by Jupiter staff and designed with the assistance of renowned naval architect Donald Blount. Available in either twin-or-triple engine configurations, the versatile Jupiter 38' caters to both fishing enthusiasts or the casual family cruiser. The model displayed at the Miami International Boat Show was powered by three of the new Yamaha F-250 outboard engines.
Carl Herndon, Jupiter Marine's President, commented, "We are very pleased with the number of orders resulting from our appearance at the Miami show, which we expect to fill over the next six months. The reception and sales of our new Jupiter 38' have also exceeded our projections. The Jupiter 38', along with our 31' and 27' models, continue to be popular with both domestic and international attendees, and we anticipate similar strong sales from our participation at future boat shows."
