Extreme Motorsports Quotations Department Goes Crazy!
May 05 2008 - 8:00AM
PR Newswire (US)
BAKERSFIELD, Calif., May 5 /PRNewswire-FirstCall/ -- Extreme
Motorsports of California, Inc. (Pink Sheets: EMOC) ("Xtreme" or
the "Company"), the world's only publicly traded sandcar
manufacturer sees a 1056% spike in quotations upon release of
Electric Sandcar Technology. Upon the release of our last news
concerning our Zero Emissions Sandcar, Xtreme saw an increase of
over 1000% in quotes in just a 6 working day period. Hundreds of
emails requesting quotes came in from dealers and consumers
relating to this product specifically. "We were shocked to see such
a spike," said the management of Xtreme. "We had anticipated maybe
an additional 15 or 20 quotes over the month but in 6 days we got
204 quote requests. What was interesting is to see the different
array of requestors. Our dealers obviously requested quotes as
those amounted to about 26 quotes. It's the private sector that has
requested the most though. Corporations interested in marketing
based on green technology were the highest quotation request at 139
quotations. In considerations of gas prices, 18 of our existing
customer's requested quotes to weigh out the difference in cost in
fuel and maintenance between the existing Sandcar they already have
and the new 'ZES' Sandcar. We have an additional stack of quote
requests that have not been filled yet and will continue to fill
those as quickly as possible. Although it would be unrealistic to
anticipate getting 200+ orders for the ZES we feel confident that
in the near future, the ZES will be a big seller for Xtreme as it
doesn't take much to calculate that the return on the investment is
as little as 12 months on fuel prices alone compared to a gas
engine of comparable performance. It's obvious that there is a need
for environmentally friendly high performance vehicles, which has
caused us to look more deeply into more Green technologies. We look
forward to seeing what comes out of the hundreds of hours of
engineering that we put into this project and how that relates to
future products and developments for Xtreme." Forward-Looking
Statements Statements in this news 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 1993 and
Section 21E of the Securities Exchange Act of 1934. Certain
statements in this release, and other written or oral statements
made by the Company, including the use of the words "expect,"
"anticipate," "estimate," "project," "forecast," "outlook,"
"target," "objective," "plan," "goal," "pursue," "on track," and
similar expressions, are "forward-looking statements" and are
subject to known and unknown risks, uncertainties and other factors
that may cause actual results, performance, or achievements of the
company to be different from those expressed or implied. The
Company assumes no obligation and does not intend to update these
forward-looking statements and takes no obligation to update or
correct information prepared by third parties that are not paid for
by the Company. Investor Relations http://www.xmssandcars.com/ or
email at DATASOURCE: Extreme Motorsports of California, Inc.
CONTACT: Investor Relations of Extreme Motorsports of California,
Inc., +1-661-343-4545, Web site: http://www.xmssandcars.com/
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