Pickups Plus Inc. Signs Agreement with Ohio SAAB Dealerships
July 18 2006 - 9:43AM
Business Wire
Pickups Plus (OTCBB:PUPS) a retail company that specializes in
restoring, personalizing and protecting new and used vehicles
worldwide, today announced that its wholly owned subsidiary Auto
Preservation, Inc. (AP) has reached agreements with 3 Ohio area
SAAB dealerships Under this agreement, Auto Preservation will
process every vehicle that is sold in the "JUST SAAB" dealerships.
The company will initially apply its OEM approved Paint Sealant to
every automobile, maintain the automobile while in inventory,
prepare the automobile for sale, and give the automobile its final
detailing before delivery to the end client. This agreement covers
both new and pre-owned SAAB's. The dealerships located in both
Cincinnati and Dayton follow our announcement on June 23, 2006 to
focus on the lucrative Automotive Appearance Market. The Dayton
location is the first outside of the Cincinnati area. This begins
the company's five year plan to expand nationally, starting with
the Mid-West. The company estimates that the total value of the
contract will increase the Auto Preservation business by 8% over
last year. For competitive reasons, the company is unable to
provide financial details of the contract. Pickups Plus Chairman
Merritt Jesson stated, "We are excited about this agreement with
JUST SAAB. In addition to our other announcements, we are now
further entrenching ourselves as a player in this space. We believe
our turn-key program is one of the best options for dealerships and
hope to announce further signings in the near future." 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 full service provider in the
automotive appearance market, restoring, personalizing, and
protecting new and used vehicles worldwide, 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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