Yamaha Introduces New Pressure Washer

4 04 2013

3,000 PSI Power Tool Perfect for Motorsports, Marine, Construction, and Home use

KENNESAW, GA – April 4, 2013 – (Motor Sports Newswire) – Yamaha Motor Corp., U.S.A.’s outdoor power equipment division announced today its new Yamaha PW3028 Pressure Washer, building on its trusted generator line to bring heavy duty cleaning equipment to motorsports, outdoor, marine and recreational activities. The 3,000 PSI pressure washer has 2.8 gallons per minute of flow for cleaning requirements frequent users demand, combined with unique features such as a five-in-one nozzle tip, a fold-flat handle for storage and maintenance-free, non-pneumatic wheels to handle any terrain.

YAMAHA MOTOR CORP., U.S.A. PW3028 PRESSURE WASHER

The pressure washer is powered by a powerful 192cc, four-stroke Yamaha engine and backed by a factory three-year warranty. The product will be available at Yamaha Outdoor Power Equipment dealers mid-April with a $749 manufacturer’s suggested retail price.

“We listened to our customers in the ATV, motorcycle, marine and construction markets who were asking for a reliable and strong pressure washer that served their everyday needs,” said Dave Park , Yamaha outdoor power equipment product line manager. “The Yamaha PW3028 Pressure Washer combines the durability of a Yamaha engine and trusted CAT Pump into a targeted tool for high demand jobs.”

The Yamaha PW3028 is designed for customers that use their pressure washers between 50 to 300 times a year, the serious user. Common uses include cleaning boats, decks, docks and driveways, as well as for motorsports and construction equipment. The pressure washer will be 90 percent assembled and include a bottle of engine oil and gas stabilizer so customers can easily and quickly start cleaning. Other product features include:

  • 5-in-1 Nozzle, so you always have the right tip for the job with you
  • Pivoting Tip, convenient reach into wheel wells, under vehicles and more
  • Durable, brass Triplex CAT Pump®
  • Auto decompression for easy starting
  • Fuel saving idle down feature
  • Gasoline petcock to shut off the gas and run the carb dry, helping avoid stale gas
  • Easy oil drain and fill
  • A small footprint and a fold-flat handle for easy storage
  • Low pressure nozzle (800 PSI) for detail work around decals, paint and other sensitive items
  • 30-foot braided steel high pressure hose
  • Built-in detergent tank, great for maneuverability

For more information, visit www.yamaha-motor.com/generators or call 1-800-88-YAMAHA.

About Yamaha Motor Corp., U.S.A.

Yamaha Motor Corporation, U.S.A. (YMUS), a leader in the outdoor power equipment market, offers the highest quality generators on the market. The company’s ever-expanding line of products also includes outboard motors, motorcycles, ATVs, side-by-side vehicles, scooters, personal watercraft, snowmobiles, boats, race kart engines, accessories, apparel and much more. YMUS products are sold through a nationwide network of more than 4,000 dealers in the United States.

Headquartered in Cypress, Calif., since its incorporation in 1977, Yamaha also has facilities in Wisconsin and Georgia, as well as factory operations in Tennessee and Georgia. For more information on Yamaha, visit www.yamaha-motor.com.

SOURCE: Yamaha Motor Corp., U.S.A.

yamaha-red-logo

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SPY Inc. Announces Investor Conference Call for the Year Ended December 31, 2012

20 03 2013

CARLSBAD, CA – March 18, 2013 – (Motor Sports Newswire) – SPY Inc. (OTCBB: XSPY) today announced the date of its year ended December 31, 2012 investor conference call to be on Thursday, March 21, 2013, at 1:30 p.m. PDT.

SPY Inc. invites you to join the investor conference call on Thursday, March 21, 2013, at 1:30 p.m. PDT. The dial-in number for the call in North America is 1-800-510-0146 and 1-617-614-3449 for international callers. The participant pass code is 46047181. The call will also be webcast live on the internet and can be accessed by logging on at http://investor.spyoptic.com.

The webcast will be archived on the Company’s website for at least 60 days following the call. An audio replay of the conference call will be available for seven days beginning approximately two hours after the completion of the call on March 21, 2013. The audio replay dial-in number for North America is 1-888-286-8010 and 1-617-801-6888 for international callers. The replay pass code is 77986852.

SPY Inc.:

We design, market and distribute premium products for people who are happy to be outside, especially youthful people who love action sports, motorsports, snow sports, cycling and multi-sports markets. Our products embrace their attendant lifestyle subcultures, crossing over into more mainstream fashion, music and entertainment markets. We believe a primary strength is our ability to create distinctive products for young-minded, active people with a very different and irreverent point of view. Our core products — sunglasses, goggles and prescription frames — are marketed under the SPY® brand.

CONTACTS:
Maddy Isbell
PR Manager
760-804-8420
Fax: 760-804-8442
http://investor.spyoptic.com

Spy-Optics logo

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SPY Inc. Announces Investor Conference Call

18 03 2012

CARLSBAD, CA – March 16, 2012 – (Motor Sports Newswire) – SPY Inc. (OTCBB: XSPY) invites you to join us for an investor conference call on Tuesday, March 20, 2012, at 1:30 p.m. PDT. The dial-in number for the call in North America is 1-866-356-4441 and 1-617-597-5396 for international callers. The participant pass code is 14990320. The call will also be webcast live on the Internet and can be accessed by logging on at investor.spyoptic.com.

The webcast will be archived on the Company’s website for at least 60 days following the call. An audio replay of the conference call will be available for seven days beginning approximately two hours after the completion of the call on March 20, 2012. The audio replay dial-in number for North America is 1-888-286-8010 and 1-617-801-6888 for international callers. The replay pass code is 64798890.

About SPY Inc.: We design, market and distribute premium products for hard core participants in action sports, motorsports, snow sports, cycling and multi-sports markets, which embraces their attendant lifestyle subcultures, crossing over into more mainstream fashion, music and entertainment markets. We believe a principal strength is our ability to create distinctive products for active people within the youthful demographics of these subcultures. Our principal products — sunglasses, goggles and prescription frames — are marketed under the SPY(R) brand.

CONTACT:
Alain Mazer
SPY®
Ph. 760.444.9761

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Orange 21 Announces Corporate Name Change to SPY Inc., Stock Symbol Change to “XSPY”

12 02 2012

So Calif. Eyewear Co. Punctuates Focus on Core Brand With Eponymous Return

CARLSBAD, CA – February 10, 2012  – (Motor Sports Newswire) – Orange 21 Inc. (OTCBB: ORNG) today announced that it has changed its corporate name to SPY Inc. effective Feb. 15, 2012 and has received preliminary approval to change its stock symbol to “XSPY” (OTCBB: XSPY) effective that same date.

On Feb. 6, 2012, Orange 21 Inc., a Delaware corporation, filed a Certificate of Ownership and Merger to effect a merger of the Company’s wholly-owned subsidiary, SPY Inc., with and into the Company, and to change the Company’s legal name to “SPY Inc.,” effective Feb. 15, 2012.

Also on Feb. 15, 2012, the Second Amended and Restated Bylaws of the Company reflecting the name change, as previously approved by the Company’s board of directors, will become effective. Other than the name change, no changes will be made to the Company’s bylaws in effect prior to Feb. 15, 2012.

“The changing of our Company name back to SPY harks to the business’s renewed focus on its most important and valuable asset — the SPY brand,” says SPY CEO Michael Marckx. “The Company’s design, marketing, financial resources and psychic energy are now singularly concentrated on SPY.”

Orange 21 decided to cease any new purchase orders of additional inventory for the O’Neill(R), Melodies by MJB(R) or Margaritaville(R) brands in 2011 and sold-off interest in its former Italian-based manufacturing subsidiary, LEM, on Dec. 31, 2010.

In connection with the name change, SPY Inc. anticipates it will begin trading under the new ticker symbol “XSPY” on the OTC Bulletin Board on or about Feb. 15, 2012. The Company’s common stock has been assigned a new CUSIP number of 85219W107 in connection with the name change, to be effective on Feb. 15, 2012.

Outstanding stock certificates for shares of the Company are not affected by the name change; they continue to be valid and need not be exchanged.

About SPY(R) Orange 21 Inc. designs, develops, markets and produces premium products for the action sports, motorsports, snowsports, cycling and multisport, ophthalmic, and lifestyle and fashion markets under the brands SPY(R), SPY Optic(TM), SPY Performance(TM) and SPY Rx(TM).

CONTACT:
Alain Mazer
SPY Optic
Ph. 760.444.9761

SOURCE: Orange 21 Inc.

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Universal Trailer Announces Financing Arrangement to Support Strategic Growth

9 12 2011

CINCINNATI, OH – December 9, 2011 – (Motor Sports Newswire) – Universal Trailer Corporation (www.universaltrailer.com), the nation’s largest trailer manufacturer, announced that it has entered into a new five-year revolving credit facility with Wells Fargo Bank. Following the financing, Universal Trailer (UTC) will have approximately $5 million of total debt providing ample financial flexibility to build on its double digit growth in 2011.

The agreement provides UTC with “the financial flexibility necessary to execute the Company’s long-term strategic plan to develop innovative new products and further support our growing dealer network and community of customers,” said Terry Carlson, CEO of Universal Trailer.

“We are excited to enter into this agreement with Wells Fargo and look forward to a long term relationship,” Carlson said. “This gives UTC the right capital structure to achieve continued growth and profitability.”

In addition to their extensive line of consumer trailers, UTC brands further advanced their work in the medical, communications, sports, marketing and other specialty industries in 2011. A fleet of medical and support trailers were delivered for a client in South America and a massive emergency relief trailer was completed for one of the world’s leading charitable organizations. Other projects were recently completed for BAE Systems, Daktronics, United States Marines, NASCAR, Nike Golf and Polaris Racing, among others.

About Universal Trailer Corporation
Headquartered in Cincinnati, Ohio, Universal Trailer Corporation (www.universaltrailer.com) is the largest trailer manufacturer in the U.S. with leading brand names, a national manufacturing footprint and the largest North American trailer dealer network. The Company manufactures for the enclosed cargo, horse, livestock, motorsports, snowmobile, ATV, motorcycle, utility, vending and custom specialty trailer categories. The Company markets through a network of over 1,000 dealers under internationally recognized brands such as Featherlite, Exiss, Sooner, Haulmark, Wells Cargo and Miley.

Contacts
Universal Trailer Corporation
John K. Hall, 563-547-6085

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GE Capital Upgrades Online Inventory Management Options

8 11 2011

November 8, 2011 – (Motor Sports Newswire) – GE Capital, Commercial Distribution Finance (CDF) today announced upgrades to the Customer Online Management System (COMS), its proprietary inventory management tool. In response to user feedback, the newest version provides manufacturers with their most-requested enhancements. These new capabilities make it easier and faster for them to manage the inventory financing programs with their dealer networks.

“We know that our customers see COMS as the centerpiece of their inventory management systems,” said Jeff Malehorn, president and CEO of CDF and GE company officer. “That’s why we took their input to heart. The result is a significantly upgraded version of COMS with nearly 60% more features.”

A business of GE Capital, Americas, CDF provides financing that allows dealers in the U.S. and Canada to stock inventory from a wide variety of manufacturers and distributors of consumer durables such as technology and outdoor power products, electronics and appliances, recreational vehicles, boats and motorsports.

Manufacturers can now choose to receive alerts via COMS about key account developments. For example, they can be notified when their dealers are approved for funding, which helps keep the supply chain moving. They can also personalize COMS according to their own needs by choosing the most important information for display.

In addition to this kind of transactional information, COMS offers analytical insights by making CDF’s business intelligence tools available in one place. Manufacturers can target sales opportunities and assess risk in their dealer networks using these tools. By analyzing real-time information, manufacturers can examine trends related to dealer performance, including receivable outstandings, credit line utilization and repayments. In addition to assessing the financial health of dealers, manufacturers can gauge the popularity and turn-over rates of various models.

“CDF has created a new standard for managing inventory finance online,” said Judith Statum Toland, director of business intelligence for CDF. “COMS adds value by giving our customers a multitude of tools for managing their dealer networks beyond billing.”

Other new features include:

  • Expanded billing capabilities, including online one-click payments and electronic billing statements that can be downloaded;
  • Enhanced search capabilities;
  • Modern design that enables easier and faster navigation; and
  • Self-service administration that allows customers to update access locally.

About GE Capital, Commercial Distribution Finance
GE Capital, Commercial Distribution Finance (americas.gecapital.com) provided more than $30 billion in financing to 30,000 manufacturers and their distributors across the Americas in 2010. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products. Follow company news via Twitter (@GEInventoryFin).

GE Capital (gecapital.com) offers consumers and businesses around the globe an array of financial products and services. Follow company news via Twitter (@GECapital).

GE (ge.com) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide.

 

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3.4 Million Votes Cast in 2011 eBay Motors People’s Picks Poll – Winners Announced at SEMA Show

4 11 2011

Winning brands include BFGoodrich, Edelbrock, Ford, Garret, Honda, Jeep, Snap-On and others

LAS VEGAS, NV -  November 3, 2011 – (Motor Sports Newswire) – eBay Motors today announced the winners of the 2011 People’s Picks survey, the annual poll inviting enthusiasts to weigh in on all things auto, from best camshaft, to favorite ignition, to favorite muscle car – even the best movie car of all time. More than 3.4 million votes were cast in this year’s competition, 10 times the 2010 turnout. New this year, entrants had the opportunity to vote via mobile through the eBay Motors iPhone app.

“This year’s massive voter turnout reflects the incredible passion of the auto community, something we fuel every day on eBay Motors, where people are buying auto parts literally every second,” said Famous Rhodes, senior director, eBay Motors. “The automotive community has strong opinions not just on their favorite cars and trucks, but also on the brands that help them modify and customize those vehicles. People’s Picks ultimately shows that brands matter when it comes to enthusiasts.”

The annual eBay Motors People’s Picks survey offered ten different voting categories: American Muscle Cars, Motorsports, Import Tuner, Super Cars, Trucks, Four Wheeler/Off Road, Classic European, Motorcycles, Cars in Culture, and Modern Foreign and Domestic. A selection of winners can be found below.

Winners in multiple categories this year include BFGoodrich, Edelbrock, Garret, Hooker and K&N. For movie buffs, Best Movie Car went to “Eleanor,” Nicolas Cage’s 1967 Shelby Mustang from the Gone in 60 Seconds remake.

PEOPLE’S PICKS 2011 SELECT WINNERS:

  • Muscle Car
    • Favorite muscle car of all time: Ford Mustang (followed by the Camaro and GTO)
    • Favorite Bolt-On Brand: Edelbrock
    • Favorite Super Charger: Roush
  • Tuner
    • Most tunable brand: Honda
    • Favorite performance tire: Pirelli
    • Favorite turbo charger: Garret
  • Trucks
    • Favorite exhaust header: Hooker
    • Favorite tire brand: BFGoodrich
  • 4X4/Off Road
    • Best brand: Jeep
    • $1000 to spend on aftermarket goes to: Lift Kit/Suspension
    • Favorite tire: BFGoodrich
  • Project Corner
    • Best foundation for late model street rod: Ford Mustang
    • Toughest part of a project: Body/Paint
    • Favorite professional tool manufacturer: Snap-On
  • Cars in Culture:
    • Best movie car: 1967 Shelby Mustang (Eleanor) from Gone in 60 Seconds Remake
  • Motorsports
    • Favorite racing series: NASCAR
    • Greatest race in the world: Le Mans (followed by the Daytona 500 and Indy 500)

About eBay Motors

eBay Motors, a part of eBay Inc., is the Internet’s largest marketplace for buying and selling all things automotive. The site offers everyday cars for everyday drivers, as well as collector cars, motorcycles, auto parts and accessories. eBay Motors is consistently ranked the first or second most visited automotive site on the web according to ComScore (April 2011).

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) is about enabling commerce. We do so through eBay, the world’s largest online marketplace, which allows users to buy and sell in nearly every country on earth; through PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments; and through GSI, which facilitates ecommerce, multichannel retailing and digital marketing for global enterprises. X.commerce brings together the technology assets and developer communities of eBay, PayPal and Magento, an ecommerce platform, to support eBay Inc.’s mission of enabling commerce. We also reach millions through specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

Contacts

Airfoil PR
Andy Kill, 650-691-7311
kill@airfoilpr.com

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Gatorz Inc. Reports Financial Results for the First Quarter Ended March 31, 2011

1 07 2011

OAKVILLE, ONTARIO – June 29, 2011 – (Motor Sports Newswire) – Gatorz Inc. (TSX VENTURE:GTZ) (“Gatorz”) today reported its financial results for the first quarter ended March 31, 2011.

Business Development:

  • In the fourth quarter of 2010 the company developed a line of premium Italian made injection moulded sunglasses combined with optical lens technology to convey performance, style, quality and value with higher margins. Retail pricing targeted in the range of $85 – $120 for these frames opens a new demographic which hasn’t been available in the past. This new line of glasses were introduced in the first quarter of 2011 in conjunction with a new corporate branding strategy which includes a new Gatorz logo, company color and an exciting new web-site platform that interacts with today’s youthful lifestyle.
  • On April 5, 2011, the Company completed a private placement of 1,804,403 common shares at CDN$0.25 for total proceeds of CDN$460,101 (US$455,500).

First Quarter Results: (all amounts in US$)

  • Revenue increased by $54,740 to $398,479 from the same quarter last year primarily due to introduction of a new plastic line of sunglasses;
  • Gross profit increased by $13,754 to $201,561 (50.58%) compared to the same period last year; and
  • Total comprehensive income for the quarter improved by $47,116 to $3,791 compared to a loss of $43,325 for the same period last year.

You can view the complete financial statements along with the MD&A at www.sedar.com.

Gatorz CEO Kerry Lynch states, “with the introduction of our premium Italian frames combined with our new corporate branding strategy including our new interactive web site we are starting to see substantial gains in this tough economic environment. I am extremely excited about the future!”

About Gatorz

Gatorz Inc. (www.gatorz.com) designs, develops, manufactures, and distributes performance eyewear, including sunglasses crafted from 7075 billet aircraft aluminum and from premium injection moulded Italian frames. Gatorz precision built aluminum eyewear is proudly made in the USA, offering superior craftsmanship, performance and durability. Gatorz proprietary technologies include the ability to customize the frame to the wearer’s specific facial features. In addition, the Company’s lens technology, TruRay Optics, offers a comprehensive assortment of ballistic impact-proof lenses which are 100% UV blocking, optically correct and distortion free. Gatorz distribution markets include motorcycling, motorsports, skydiving, military, off-road, hunting & fishing, action sports, and youth lifestyle markets.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Gatorz Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Gatorz Inc.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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Pirelli NAFTA sees Leadership Changes as Mauro Pessi Appointed President and CEO of Pirelli South America

15 06 2011

Matteo Battaini Named NAFTA Region CEO; Pessi Remains NAFTA Region Chairman

MILAN, ITALY – June 13, 2011 – (Motor Sports Newswire) – In order to facilitate the consolidation and the development of Pirelli leadership in the growing markets of South America, Mauro Pessi will be appointed President and CEO of South America Region immediately. Meanwhile, in order to maintain continuity of Pirelli’s business strategy in North America, Mr. Pessi will retain the chairmanship of the Pirelli NAFTA Region.

To support the challenging growth of Pirelli in the NAFTA region, Matteo Battaini has been appointed CEO.  Battaini’s 20 years experience as a manager with Pirelli includes a strong background in demand planning, supply chain and product management that will help ensure Pirelli’s consistent and unwavering commitment to the region.

Pirelli Tire North America designs, develops, manufactures and markets tires for passenger vehicles in both the original equipment and replacement markets as well as markets and distributes tires for motorcycles and motorsports. Located in Rome, Georgia, Pirelli’s Modular Integrated Robotized System (MIRS) employs state-of-the-art technology to manufacture tires for both export and domestic markets.  For more information please visit www.us.pirelli.com.

For further information please contact:
Rafael Navarro, III, Director of Marketing and Media Relations
951.533.305     rafael.navarro@pirelli.com

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Orange 21 Hires Jim Sepanek as Vice President of Optical

27 05 2011

CARLSBAD, CA – May 26, 2011 – (Motor Sports Newswire) – Orange 21 (OTCBB: ORNG) today announced the hiring of Jim Sepanek as vice president, Optical, effective May 9, 2011.

Sepanek, an executive with nearly 20 years’ experience in the optical industry, will lead business development and sales for SPY(R) and the Company’s licensed other products as it evolves its global presence in the optical category. He will report directly to Orange 21 President Michael Marckx.

“As we expand the relevance of our brands into complimentary channels, we anticipate Jim will enhance our ophthalmic competencies and operational efficiencies,” says Marckx. “The optical category has long been an interest to the business, and this addition to our executive team will allow us the opportunity to exploit exciting and previously untapped opportunities for our brands.”

Sepanek previously served as vice president of Business Development at Signature Eyewear where he was responsible for brand management, key account sales and product design and development. Prior to that, he held executive positions at Rem Eyewear and Revo, Inc., respectively.

“SPY Optic(TM) is uniquely positioned to expand the authenticity of its Southern California heritage to the global optical market,” says Sepanek. “I started my career in the sunglass industry with Revo and am thrilled to apply my optical experience and acumen to help further develop the SPY(R) brand.”

About Orange 21 Inc.: Orange 21 designs, develops, markets and produces premium products for the action sports, motorsports, snow sports and lifestyle markets under the brands SPY Optic(TM), O’Neill(R), Margaritaville(R) and Melodies by MJB(R).

Safe Harbor Statement: This press release contains forward-looking statements. These statements relate to future events or future financial performance, including the expected growth of the company, and are subject to risks and uncertainties. In some cases, you can identify forward-looking statements by terminology such as “will,” “expect,” “believe,” or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. Forward-looking statements include but are not limited to proclamations about the company expanding its brands, enhancing its ophthalmic competencies, exploiting opportunities, positioning its heritage, and other factors that could cause actual results to differ from those contained in the forward-looking statements, which may be identified from time to time in public announcements and/or in our filings made with the U.S. Securities and Exchange Commission. Although, we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results. Moreover, we assume no responsibility for the accuracy or completeness of such forward-looking statements and undertake no obligation to update any of these forward-looking statements.

CONTACT:
Alain Mazer
Orange 21
Ph. 760.444.9761

Orange 21 Inc.
2070 Las Palmas Drive
Carlsbad, CA 92009
PH: (760) 804-8420
FX: (760) 804-8442
www.orangetwentyone.com

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