Pickups Plus Inc. Receives Initial Order from China
November 17 2005 - 8:00AM
Business Wire
Pickups Plus (OTCBB:PUPS) a retail company that specializes in the
aftermarket accessory and environmental protection businesses today
announced that it has received its initial order for its ValuGard
Environmental Protection and Car Care Products for distribution
into China. The opening order was for a total of $259,000; the
company has already received 50% of the funds and will receive the
remainder F.O.B. The order is expected to be shipped by month end.
The initial order is to pre-stock the locations that are currently
being opened in China under the "Sino-US AutoMart" Banner. Sino-US
AutoMart will start with six flagship stores in Beijing and hope to
expand to 60 by the first quarter of next year. "We are pleased to
have received this initial order from our China distributor,"
stated Pickups Plus Chairman Merritt Jesson. "This initial sale
proves to the general public that business can be done in China for
real funds by companies that have a proven track record." Investors
can visit the Pickups Plus IR Hub at
http://www.agoracom.com/IR/PickupsPlus, where they can post
questions and receive answers within the same day, or simply review
questions and answers posted by other investors. Alternatively,
investors are able to email all questions and correspondence to
PUPS@agoracom.com where they can also request addition to the
investor email list to receive all future press releases and
updates in real time. About Pickups Plus Inc.: Pickups Plus, Inc.
(OTCBB:PUPS, www.pickupsplus.com) is a retail operator and
franchiser of automotive parts and accessories stores catering to
the light truck and SUV market, with five franchised locations in
the U.S. and two company owned-stores. It markets and distributes
the ValuGard line of professional car care and environmental
protection products through its Automotive Preservation, Inc.,
subsidiary to automotive dealerships for new vehicle preparation,
as well to detailing shops and automotive specialty stores. For
More Information Please Visit (http://www.pickupsplus.com/) Certain
statements contained herein are "forward-looking" statements (as
such term is defined in the Private Securities Litigation Reform
Act of 1995). Because such statements include risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements.
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