KANSAS CITY, Mo., July 7, 2014 /PRNewswire/ -- APT MotoVox Group,
Inc. today announced an order of 3,000 units of its MBX Mini Bike
line, an order from a current customer, one of the top 10 revenue
grossing international retailers. Neither the retailer name
nor the dollar amount of the order can be disclosed due to
agreements between the companies.
The MBX Mini Bike line has sold more than 55,000 units in just
under three years and in 4th quarter of 2014 APT MotoVox
Group will roll out the MBX Mini Bike line in Latin America and Canada. The
company performed a "rate of sale" exercise within a few markets in
Mexico that resulted in a 97% sell
through in just four weeks. "Anyone in the retail business would
concur that a sell through at this rate is a winner," said
Troy A. Covey, President of APT
MotoVox Group, Inc.
"The product and its price point are right for Latin American
markets. Plans are set to rapidly expand the product to Latin
American and Canadian markets in 2015 after a limited but strategic
launch in Mexico during the latter
part of the fourth quarter of 2014, with aggressive distribution in
2015," Mr. Covey said.
The MBX Mini Bike line has achieved the highest marks for
quality and design of the "traditional" mini bike product
segments. APT MotoVox Group will be announcing the
evolution of the "common minibike" fourth quarter this year by
introducing the MBX 13, 14, and 15 Pro.
About APT MotoVox Group, Inc.:
APT MotoVox Group, Inc. Inc. (OTC BB: FROZ) is a Delaware registered corporation headquartered
in Kansas City and is the holding
company for the MotoVox® motorsport product line, SmartCarb®
patented fuel system, and the Sonic Flow small engine technology
lines (http://www.motovox.com/ and http://www.powerapt.com/).
Forward-Looking Statements
Some statements made in this press release are forward-looking
statements, which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. We use
words such as "anticipate," "believe," "expect,'' "future,"
"intend," "plan," and similar expressions to identify
forward-looking statements. These statements including those
related to the growth of the industry and the Company's
performance, are only predictions and are subject to certain risks,
uncertainties and assumptions. Additional risks are identified and
described in the Company's public filings with the Securities and
Exchange Commission. Statements made herein are as of the date of
this press release and should not be relied upon as of any
subsequent date. The Company's past performance is not necessarily
indicative of its future performance. The Company does not
undertake, and the Company specifically disclaims any obligation to
update any forward-looking statements to reflect occurrences,
developments, events, or circumstances after the date of such
statement.
Contact
William Maher, SVP
APT MotoVox Group, Inc.
InvRel@motovox.com
Paul Knopick
E & E Communications
940.262.3584
pknopick@eandecommunications.com
SOURCE APT MotoVox Group, Inc.