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XTME News- .1120 - WASHINGTON, Mo., Feb. 13 /PRNewswire-FirstCall/ -- Xtreme Companies, Inc.
(OTC Bulletin Board: XTME) today announced the receipt of a $1 million order
from Texas-based Wayton Marine International. The purchase order is for 10
Challenger Z-Series boats.
Wayton Marine CEO Sean Wayton stated, "We are excited to be working with
an organization that offers a world class product and look forward to
expanding the Xtreme and Challenger presence throughout Texas."
Xtreme CEO Kevin Ryan added, "On behalf of Ron DiBartolo, we are thrilled
to have the Wayton team on board as a major distributor and believe that given
their reputation and the size of their initial order, we could not have
partnered with anyone better to represent us in that region."
About Wayton Marine
Wayton Marine International specializes in new boat sales, boat brokerage,
charter services and other ancillary service operations such as boat washing
and boat valet services unique to the marine industry. The Company is a
distributor for both Challenger Offshore and Black Hawk lines of boats. The
Company currently offers more than $600 million dollars worth of listings for
used boats and has 37 mega yachts available for Charter Services. For
additional information, please visit http://www.waytonmarine.com.
About Xtreme Companies, Inc.
Xtreme Companies, Inc. is engaged in manufacturing and marketing of
mission-specific Fire-Rescue and Patrol boats used in emergency, surveillance
and defense deployments. The boats have been marketed and sold directly to
fire and police departments, the U.S. Military and coastal port authorities
throughout the United States.
Additionally, Xtreme is the exclusive marketer and distributor for Marine
Holdings, Inc. (MHI) d/b/a Challenger Offshore which manufactures semi-custom
fiberglass boats of 19' to 97' in length, which include leisure, performance,
fishing and motor yachts. MHI is best known for their products that compete
directly with the industry's largest boat producers. Internationally known
race driver and designer Don Aronow, credited as being the architect of the
performance boat industry, along with Harry Schoell, world-renowned marine
engineer, designed and created some of the hull technologies today used by
Challenger Offshore. Mr. Aronow has also been credited with creating companies
such as Cigarette, Donzi, Formula, Apache and Magnum.
Xtreme holds an option to purchase 100% of the outstanding shares of MHI
by March 2006. For more information you may visit please visit
http://www.xtremecos.com and http://www.challengeroffshore.com. Xtreme's
public financial information and filings can be viewed at http://www.sec.gov.
Forward Looking Statements
This release contains forward-looking statements, including, without
limitation, statements concerning our business and possible or assumed future
results of operations. Our actual results could differ materially from those
anticipated in the forward-looking statements for many reasons including: our
ability to continue as a going concern, adverse economic changes affecting
markets we serve; competition in our markets and industry segments; our timing
and the profitability of entering new markets; greater than expected costs,
customer acceptance of our products or difficulties related to our
integration of the businesses we may acquire; and other risks and
uncertainties as may be detailed from time to time in our public
announcements and SEC filings. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they relate only
to events as of the da