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Press Release Source: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Announces Relationship with Subaru
Thursday January 12, 9:45 am ET
STOWE, Vt.--(BUSINESS WIRE)--Jan. 12, 2006--Prime Rate Investors, Inc. (Pink Sheets:PRRM - News) announced the Company's relations with Twin City Subaru of Montpelier, Vermont regarding the sponsorship of one or more of the Company's subsidiaries including, but not limited to, Backcountry TV and High Angle Media. Twin City Subaru is one of Vermont's largest Subaru dealerships and considers the Tribeca -- Subaru's high performance SUV -- to be not only compatible with Prime Rate Investors' outdoor sports initiatives, but the singular exemplar of vehicles in its class. "We are hungry," enthused Armel Mends-Cole on behalf of the dealership, "and Vermont is about outdoor sports with the third most skier visits of any state in the U.S.," he continued. Pending finalization, Twin City Subaru and the Company will designate Subaru vehicles to represent initiatives of the Company's subsidiaries throughout the Northeast. "A relationship with Subaru here in our home in the Northeast only paves the way for greater North American representation throughout cross-marketing initiatives across the continent," said Prime Rate Investors President Dan Burgess. For more information regarding Twin City Subaru visit www.vtcars.com or call 800-696-7550.
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About Prime Rate Investors, Inc: For information regarding Prime Rate Investors or any of its outdoor sports and media subsidiaries visit www.primerateinvestors.com.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.