Patriot Motorcycles Adds Motorsport Mauricie-Bois-Francs of Canada to Global Distribution Network
Tuesday May 17, 9:01 am ET
Agreement Represents $1 Million Initial Order, $3.5 Million by Years End and on-Going 4-Year Commitment
SAN CLEMENTE , Calif. --(BUSINESS WIRE)--May 17, 2005--Patriot Motorcycles Corporation (Pink Sheets: PMCY - News ) today announced the addition of a Canadian company to its expanding global distributor organization. The key addition to the Patriot global distribution network further broadens the reach of the Yamoto by Patriot line of products.
The new alliance grants exclusive distributorship of the entire Yamoto by Patriot line of Off-Road Motorcycles and All-Terrain Vehicles (ATVs) - as well as parts, merchandise and accessories - to the Motorsport Mauricie-Bois-Francs organization of Quebec, Canada for the Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland territories.
The distribution agreement calls for Motorsport Mauricie-Bois-Francs to establish a minimum of 60 Canadian dealers within six months and contains options for six additional exclusive regions - including Manitoba, Saskatchewan, Alberta, British Colombia, NWT (North West Territories), Yukon Territory and Nunanut Territory.
The agreement also specifies an initial $1 million order, with an on-going commitment of at least 500 units per month for the next five consecutive months commencing July 1, 2005 . This commitment will increase by 7% every year for the next 4 years.
The Motorsport Mauricie-Bois-Francs organization is headed by President Rejean Nolin and CEO Olivier Nolin. "The Canadian market for these products is extremely strong," notes Olivier Nolin, "and the Yamoto by Patriot line will certainly make a dramatic debut...just as it has in the United States ."
According to the Motorcycle and Moped Industry Council of Canada (MMIC), the retail market in ATVs alone has experienced a 100% growth in the past six years. The MMIC also states that in 2004, sales of new All-Terrain Vehicles were approximately $671 million (Canadian).
Mark Green, President of Sales and Marketing for Patriot Motorcycles, adds, "I'm so excited to see the continued and dynamic growth of Patriot. Our new Canadian distribution and dealer organization partners will also receive the full support of Patriot's marketing efforts. This includes dynamic advertising and marketing...our industry-exclusive 5-year Z-Max(TM) product guarantee...and co-participation at numerous special events, such as the recent Fort Lauderdale Air & Sea Show, where we introduced our new Southeast region distributor organization...to name but a few."
See highlights of the McDonalds Air & Sea Show- https://www.patriotmotorcycles.com/video/ybypasb.wmv
"The integration of Motor Sport Mauricie-Bois-Francs as our Canadian distributor represents a major element in our planned and ongoing dealer network expansion," notes Patriot Motorcycles Chief Executive Officer Michel Attias. "The professionalism of the Motorsport Mauricie-Bois-Francs organization with the backing of Banque Nationale du Canada is one more step in securing Yamoto by Patriot's North American market position."
About Patriot Motorcycles Corporation
Patriot Motorcycles (PMCY) is the exclusive distributor of the Yamoto line of Dirt Bike motorcycles and All Terrain Vehicles (ATVs) manufactured in China . The company and its management are firmly committed to building the Yamoto by Patriot (TM) brand, to building a significant and substantial Domestic and International dealer organization and to distributing the finest products that consistently out-price the competition (by as much as 50%). Patriot is also the first and only company to offer a Five Year Guarantee based on after-sale use of its co-branded zMAX® Micro-Lubricant. Additional Patriot branded products and accessories are also being evaluated. Yamoto by Patriot (TM) - poised to become the first great Chinese-manufactured brand. Note: Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include, but are no limited to, demand for the company's products and services, PMCY's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Dana Point, CA, March 17, 2005 - Patriot Motorcycle Corp. (Pink Sheets: PMCY), the exclusive provider of Yamoto motor products in North America, Brazil and Chile, has named Los Angeles-based RBI Communications to lead its public relations and communication strategies. RBI will continue brand-building for Yamato by PatriotT motor products, including the company's affordable line of dirt bikes and all-terrain vehicles (ATVs), manufactured in China . Patriot motor products are backed by a nationwide dealer network and category-leading warranty protection.
"Patriot Motorcycles is poised to fill the major U.S. market demand for high-quality, affordable bikes and ATVs," said RBI Partner Betsy Isroelit. "We're excited to continue to establish Yamato by Patriot as the trusted brand for families who want to enjoy off-road recreation together, but who until now have been priced out of the category."
RBI has guided branding and communications for the dominant brands in two of the country's fastest-growing industries - Autobytel Inc., the largest new vehicle research and buying destination on the Internet, and Spafinder, Inc., the leading spa marketing, publishing and gift certificates company. Additional RBI clients include Household Auto Finance (now HSBC), Panasonic Corporate Systems Company, and the Hollywood Sign. RBI, which produced the first Super Bowl commercial for an Internet company, has 25 years of marketing and PR experience in the automotive retail segment, providing communications services for major dealerships and dealer groups, and playing a key role in the development of Autobytel's nationwide dealer network - the very first online vehicle sales fulfillment program.
"We know we have a great story to tell," said Patriot Motorcycle Corp. President Dan Cwieka. "We are delighted to add RBI's vast communication expertise to help bring our story to the consumer and our growing dealer network. As our message of affordable family fun further penetrates into the marketplace, we expect tremendous impact on the already growing demand for Patriot's products."
Our vision is to be the first to build brand identity, market, sell and service a high quality Chinese manufactured line of off-road Motorcycles, ATV's, Watercraft and other motorized products with the purpose of bringing "Affordable Family Fun to the WORLD."
Patriot Motorcycles is the exclusive distributor of the Yamoto line of dirt bikes and all-terrain vehicles (ATVs) for the United States , Canada , Mexico , Brazil and Chile . Patriot also offers an unprecedented extended Five-Year Guarantee, based on continued use of its co-branded zMAX® Micro-Lubricant.
Note: Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include, but are no limited to, demand for the company's products and services, PMCY's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange.
About RBI Communications, Inc. Hollywood-based RBI Communications is a full service communications firm specializing in advertising, public relations and multimedia production. The company helped pioneer the cost-effective strategy of using focused public and media relations to build brands, and strategic advertising support to maintain them. By generating exhaustive, positive media coverage for clients in the most influential media outlets, RBI has helped to generate awareness, grow revenue, and build and maintain some of the business world's most successful brands. The company's integrated marketing efforts, meanwhile, have led to successful campaigns in virtually every medium and market.
March 2005
PATRIOT/zMAX ENGINE TREATMENT PROGRAM
Patriot Motorcycle Corporation ("Patriot") is pleased to announce the details of its joint agreement with zMax Micro LubricantsT. The agreement allows for the first ever five (5) year guarantee of Off-Road Motorcycles and ATV's. This guarantee covers power trains, transmissions, carburetors and all internally lubricated parts including primary drives and shaft final drives ( refer to zMax Motorcycle, ATV Guarantee ).
The details of the agreement are as follows:
Patriot will supply dealers with the zMax product at $9.95 per six (6) ounce bottle. Patriot recommends a dealer retail pricing level of $19.95 per bottle. It should be noted that zMax is only sold to dealers by the case, at a cost of $238.80. To order zMax, contact your regional sales manager. In the near future, dealers will be able to procure zMax using the automated parts order system on the patriotmotorcycles.com web site.
Patriot vehicles will be serviced by dealers prior to delivery. Servicing includes the installation of four (4) ounces of zMax in the engine and two (2) ounces in the gas tank. Dealers are advised to fill engine oil to the recommended level prior to installing the zMax product.
The purchaser must return to a Patriot dealer for servicing, which includes an oil change and installation of the zMax product, every six months. This servicing creates a paper trail to support the zMax guarantee and adds an additional revenue stream for our dealers.
The initial six-month warranty (parts only) is provided by Patriot in the Yamoto base warranty package. With the implementation and maintenance of the zMax program, the zMax guarantee will cover the listed parts and labor for an additional 4.5 years (refer to zMax Motorcycle, ATV Guarantee for additional information) .
The zMax product is packaged in a co-branded format with Patriot.
All Patriot dealers are required to participate in the zMax program. This program is unparalleled in the off-road recreational vehicle industry and sets Yamoto apart from other manufacturers of off-road products.
The zMax claims procedure is outlined in the "ZMax Motorcycle, ATV Guarantee."
This historic agreement is just the first of many outstanding opportunities being developed for you by Patriot Motor Corporation.
Patriot Motorcycles Jumps into Freestyle MX World
With Sponsorship of 2005 Freestyle MX Tour
DANA POINT, Calif. (BUSINESS WIRE), Feb. 7, 2005 – Patriot Motorcycles Corporation(TM) (Pink Sheets: PMCY - News) today announced it has teamed up with the fastest-growing spectator sport in America – Freestyle Motocross.
The premier event in this sport is the annual Freestyle MX Tour, featuring world-class riders on powerful motorcycles performing breathtaking mid-air stunts while soaring overhead in front of thousands of thrilled motorsports fans at each and every show. The Freestyle MX Tour is renown as the largest such tour in the world – and this year’s is slated to be the biggest, best and most exciting tour ever, with the sport’s top riders performing the most amazing and gravity-defying aerial acrobatics ever seen in the motocross world.
Tour riders are regularly featured on “The X-Games” broadcast on ESPN and every year media attention continues to grow – with both the sport and the tour garnering increased coverage in print as well as on broadcasts (such as “The Late Show with David Letterman”®). And this year’s tour is no exception, as it promises to be the most widely covered event of its kind in the history of freestyle motocross.
Now, the Yamoto by Patriot© brand of off-road dirt bikes and ATV’s will be a high-profile participant as well – having just signed an exclusive agreement to be the “Presenting Sponsor” for the upcoming Freestyle MX Tour 2005. The 2005 Freestyle MX Tour will be seen at 70 venues – including top NASCAR and INDY races – with attendance ranging from 50,000 to 300,000 per event.
Patriot Motorcycles intends this high-profile sponsorship to be an integral part of the dramatic kickoff of its national branding campaign – designed to introduce the exciting Yamoto line of Chinese Dirt Bikes and ATV’s to the U.S. market.
As the “Presenting Sponsor,” Yamoto by Patriot will receive tremendous exposure through signage on all Tour vehicles including Freestyle MX Tour motor coaches, equipment vans, Tour bikes and the 36-foot and 20-foot enclosed Tour trailers. Tour posters, autograph cards and other merchandise such as rider hats and T-shirts will feature the Yamoto by Patriot logo and designs. In addition to all on-site signage, Yamoto by Patriot will be included on all national and local advertisements for each Tour stop. Total impressions generated by the exposure for Yamoto by Patriot are expected to top 140 million.
Marc Burnett, President of MD Extreme Promotions, founded the Tour seven years ago and was the first to market in producing freestyle motocross demonstrations. “Yamoto by Patriot Dirt Bikes and ATV’s are the perfect grass-roots products. They are affordable for the whole family and stand up to the punishment of our pro riders,” states Burnett.
Mark Green, President of Sales and Marketing of Patriot Motorcycles Corp., is enthused about the historic partnership. “We are building the first significant Chinese-manufactured brand in America,” notes Green. “The extension and credibility offered by the Freestyle MX Tour was an opportunity we sought out to connect with our grass-roots consumer. We have put significant resources towards the Tour to ensure our message of affordable family fun reaches its target.”
Patriot Motorcycles Races Into Off-Road Recreational Industry With Record ATV and Off-Road Motorcycle Sales and Dealer Appointments to Close Out 2004
DANA POINT, Calif.--(BUSINESS WIRE)--Jan. 12, 2005--Patriot Motorcycles Corporation(TM) (Pink Sheets: PMCY.PK - News) has proven there is a growing market in America for the affordable, Chinese-manufactured “Yamoto” off-road products.
On November 2, 2004, Patriot Motorcycles took over distribution and operations for Yamoto Motor Corporation. In the first 60 days, Patriot Motorcycles delivered over 1,750 units, with an average wholesale dealer price of $950 each.
Michel Attias, CEO of Patriot Motorcycles Corporation(TM), stated, “These are exciting times for Patriot Motorcycles and Yamoto Motor Corporation, considering we have spent most of our time planning and preparing for the national launch for Yamoto products. What’s most impressive is that within those first 60 days, Patriot Motorcycles received over 100 individual, new dealer applications without aggressively soliciting to our targeted prospects.”
On January 13, 2005, Patriot Motorcycles will conduct the first quarterly meeting of its Dealer Advisory Board (DAB). Attending dealers were assembled from across the nation to gather valuable input and to introduce Patriot Motorcycles’ national dealer rollout plan and the new Yamoto 200cc water-cooled ATV, which is equipped with a state of the art double A-arm independent front suspension.
Patriot Motorcycles Corp. Secures North America Distribution of Yamoto Off-Road Products by Adding Canada as Part of Its Global Expansion
DANA POINT, Calif.--(BUSINESS WIRE)--Dec. 2, 2004--Patriot Motorcycles Corp.(TM) (Pink Sheets: PMCY - News) extended its exclusive distribution agreement with Yamoto Motor Corp.(TM), formerly Win-speed Industries Inc., to distribute, market, sell and promote its motorcycles and All Terrain Vehicles (ATVs) throughout the country of Canada.
This agreement secures the exclusive distribution of Yamoto Motor Corp.(TM) products for Canada and puts Patriot Motorcycles Corp.(TM) in charge of distribution for all of North America and a step closer to achieving its company distribution goals.
Michel Attias, CEO of Patriot Motorcycles Corp.(TM) stated: "Extending our agreement to Canada will allow Patriot Motorcycles to increase revenue through an expanded market share for the Yamoto Motor Corporation(TM) products. We have already established that the quality and desirable price points of the Yamoto Motor Corporation(TM) products are well received by consumers throughout Canada." "This agreement combined with the right choice of distributors should bolster our international revenue stream and create additional opportunities to increase shareholder value."
Patriot Motorcycles Corp.(TM) is actively engaging prospective companies for national distribution for Canadian operations. The appropriate company will assist Patriot Motorcycles Corp.(TM) with the setup of distribution, establishing the dealer network, marketing and promotions throughout Canada.
ADDING and REPLACING Patriot Motorcycles Corporation and zMAX -R- Micro-Lubricant -TM- Sign Agreement Enhancing Coverage On All Yamoto -TM- ATV's and Dirt Bikes For Up to Five Years
DANA POINT, Calif.--(BUSINESS WIRE)--Nov. 11, 2004--In BW5400 issued Nov. 11, 2004: Add after last graph of release:
The corrected release reads:
PATRIOT MOTORCYCLES CORPORATION AND ZMAX® MICRO-LUBRICANT(TM) SIGN AGREEMENT ENHANCING COVERAGE ON ALL YAMOTO(TM) ATV'S AND DIRT BIKES FOR UP TO FIVE YEARS
On October 28, 2004, Patriot Motorcycles Corporation(TM) (Pink Sheets: PMCY - News) and zMAX® Micro-Lubricant(TM) entered into an unprecedented agreement that allows Patriot Motorcycles Corporation to enhance the factory warranty of its exclusively distributed Off-Road Yamoto(TM) products.
zMAX is the official micro-lubricant of Speedway Motorsports Inc. ((SMI) NYSE:TRK) owners of premiere racing venues that host NASCAR, IRL, NHRA, Champ Car and World of Outlaw events. With over 50 years experience in racing, zMAX is endorsed and used by a litany of racing legends including Carroll Shelby and AJ Foyt.
zMAX, when added to the engine and fuel, increases gas mileage, reduces emissions, improves engine performance and, most importantly, increases engine life. Continual use every six months will cover the engine, transmission, carburetor, primary and final drives and all internally lubricated parts for five years from the date of purchase. This enhanced guarantee covers parts and labor.
The zMAX Micro-Lubricant motorcycle formula will be packaged and co-branded with Patriot Motorcycles and made available initially through Patriot Motorcycle and ATV dealers and distributors throughout the United States, Mexico, Canada, Chile and Brazil.
"We are extremely happy to announce our strategic alliance with Yamoto," stated Ed Rachanski, Sr., President of Oil-Chem Research Corp., makers of zMAX. "Our 25 plus years experience with air-cooled engines in the aviation market makes zMAX ideally suited for this relationship with Yamoto in the motorcycle and ATV arena."
Mark Green, President of Sales and Marketing for Patriot stated, "This is an historic event in the motorcycle world. This sets the Yamoto by Patriot product apart from all of the competition. Typically, Chinese-manufactured products come with a six-month limited warranty on dirt bikes and ATV's." This agreement and association with zMAX allows Patriot Motorcycles Corporation to improve product quality while it increases corporate, dealer and distributor revenue. "Additionally, this program drives customers back into our dealer locations on a regular basis, generating additional opportunities for our dealers."
Patriot Motorcycles Corp. On Target with Global Expansion Plans; Secures “EXCLUSIVE” Distribution of Yamoto Off-Road Products for BRAZIL and CHILE
DANA POINT, Calif.--(BUSINESS WIRE)--NOV. 2nd, 2004--On October 28, 2004, Patriot Motorcycles Corporation(TM) (Pink Sheets: PMCY - News) extended its exclusive distribution agreement with Yamoto(TM) Motor Corporation(TM) formerly Win-speed Industries, Incorporated to distribute, market, sell and promote its motorcycles and All Terrain Vehicles (ATVs) throughout the countries of Brazil and Chile.
This agreement secures the exclusive distribution of Yamoto Motor Corporation(TM) products for Brazil and Chile and puts Patriot Motorcycles Corporation(TM) one step closer to achieving its company distribution goals.
Michel Attias, CEO of Patriot Motorcycles Corporation(TM) stated, "Extending our agreement to Brazil and Chile allows Patriot Motorcycles to increase revenue through expanded market share of the Yamoto Motor Corporation(TM) products. We are very excited and confident that the quality and desirable price points of the Yamoto Motor Corporation(TM) products will be well received by consumers throughout South America."
Patriot Motorcycles Corporation(TM) is actively engaging prospective companies for national distribution for Brazil and Chile operations. The appropriate company will assist Patriot Motorcycles Corporation(TM) with the set up of distribution, the dealer network and marketing.
Note: Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1998, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, PMCY's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Patriot Motorcycles Corp. Positions Itself to Become the Largest Distributor of Affordable On and Off-Road Products in U.S.
DANA POINT, Calif.--(BUSINESS WIRE)--Sept. 15, 2004--Michel Attias, CEO of Patriot Motorcycles Corp. (Pink Sheets:PMCY - News), announced today its intention to dominate the growing U.S. market for affordable On and Off-road Motorcycles and ATVs.
Through its recent agreement with Winspeed-Motors, Patriot Motorcycles Corp. has obtained the exclusive rights to distribute Yamoto(TM), a line of products manufactured in China, throughout the U.S.
In the 5 months prior to this agreement, sales averaged well over 1,200 units per month, totaling over 4 million in overall sales. Projected sales could more than double coming into this holiday season.
The results of a recent outsourced survey confirm Yamoto's(TM) quality, reliability and price point are sought-after by the American consumer. Problems identified included parts procurement, service availability and communications with the factory about product improvements. Patriot Motorcycles has implemented the needed systems controls and procedures to provide solutions to these issues.
Yamoto(TM) products are manufactured in China, using similar quality standards we have become accustomed to seeing from our Japanese imported products. This gives Patriot Motorcycles a distinct advantage, at roughly half the price of common brand names.
Yamoto's(TM) quality, reliability, manufacturer's warranty and price points open doors with motorcycle dealers across the country, allowing consumers to affordably purchase Dirt Bikes and ATVs for the whole family.
Michel Attias stated, "The intention of Patriot Motorcycles is to dominate the distribution of Chinese Manufactured, entry level affordable off-road products. We will succeed by obtaining strategic acquisitions, forming concrete alliances and targeting specific distribution points."
Patriot Motorcycles Corp. Secures Exclusive Distribution Of Yamoto Off-Road Products For Mexico As Part Of Planned Global Expansion
DANA POINT, Calif.--Oct. 7, 2004--On September 18, 2004, Patriot Motorcycles Corporation(TM) (Pink Sheets:PMCY) extended its exclusive distribution agreement with Yamoto(TM) Motor Corporation(TM) formerly Winspeed Industries, Incorporated to distribute, market, sell and promote its motorcycles and All Terrain Vehicles (ATVs) throughout the country of Mexico.
This agreement secures the exclusive distribution of Yamoto Motor Corporation(TM) products for Mexico and puts Patriot Motorcycles Corporation(TM) one step closer to achieving its company distribution goals.
Michel Attias, CEO of Patriot Motorcycles Corporation(TM) stated, "Extending our agreement to Mexico allows Patriot Motorcycles to increase revenue through expanded market share of the Yamoto Motor Corporation(TM) products. We are very excited and confident that the quality and desirable price points of the Yamoto Motor Corporation(TM) products will be well received by consumers throughout Mexico."
Patriot Motorcycles Corporation(TM) is actively engaging prospective companies and personnel for Mexico operations. The appropriate company will assist Patriot Motorcycles Corporation(TM) with the set up of distribution, the dealer network and warehousing.
Patriot Motorcycles Corporation(TM) will leverage its relationship with Champ Car(TM) (www.champcar.com) to promote the Yamoto Motor Corporation(TM) products at the heavily attended Champ Car(TM) Race of the Year in Mexico City, November 7, 2004.
Dick Simon, Vice-President of Sales and Marketing with Patriot Motorcycles Corporation(TM) added, "With our ongoing relationship with Champ Car(TM) we will get immediate brand recognition from over 350,000 spectators alone, and with the attractive price points of our products, every one of those race fans is a potential Yamoto Motor(TM) customer."
Patriot Motorcycles Corp. Announces Exclusive Distribution Agreement with Winspeed Industries, Inc.
DANA POINT, Calif.--(BUSINESS WIRE)--Aug. 11, 2004--Michel Attias, CEO of Patriot Motorcycles Corp. (Pink Sheets:PMCY - News), announced the signing of an exclusive distribution agreement with Windspeed Industries, Inc. to distribute, market, sell, and promote its Motorcycles and ATV's throughout the United States.
On December 10, 2003, WinSpeed entered into an exclusive distribution agreement with Chongqing Wangguan Motorcycle Industry Co. Ltd. ("Chongquing"), a company incorporated and domiciled in China, to be the sole distributor of motorcycles and ATV's manufactured by Chongquing for the United States.
With the signing of this new definitive agreement, Patriot Motorcycle Corporation has acquired the Winspeed Industries current distribution network, inventory, and future revenues generated from Motorcycles and ATV sales by its existing dealer base in the United States. Additionally, Patriot Motorcycles may use all intellectual property including trade names, trademarks, logos and domain address, Yamoto.com(TM), Yamoto-Motors.com(TM).
Mr. Attias stated, this is an exciting time, "This agreement sets a solid foundation from which Patriot Motorcycles can grow." We have seized the opportunity to increase our product and parts sales to hundreds of retailers. In addition, Patriot Motorcycles Corporation has identified over 10,000 U.S. "retail and rental point locations" as probable candidates for new product distribution, parts sales and service locations.
"Yamoto's(TM) quality, reliability, manufacturer warranty and price point, will open doors with motorcycle dealers across the county, allowing consumers to affordably purchase Dirt Bikes and ATV's for the whole family," stated Mr. Attias. Patriot's Yamoto(TM) products are manufactured in China, using similar quality standards we have come accustomed to seeing from our Japanese imported products. This gives Patriot Motorcycles a distinct advantage, at roughly half the price of common brand names.
Patriot's new addition of the Yamoto(TM) brand of products, combined with our good old fashion, "US quality" customer service, will establish a continued upward momentum in our current and future sales growth.
Patriot Motorcycles Corp. Announces Partnership with Mi-Jack Conquest Racing
DANA POINT, Calif.--(BUSINESS WIRE)--Aug. 12, 2004--Michel Attias, CEO of Patriot Motorcycles Corp. is proud to announce that Patriot is now the official supplier of Motorcycles and all terrain vehicles (ATVs) for the Mi-Jack Conquest Racing Team. Mi-Jack Conquest Racing currently participates in the 2004 Bridgestone Presents the Champ Car World Series Po wered by Ford being represented by the #34 Ford/Lola/Bridgestone driven by rookie sensation Justin Wilson.
Patriot Motorcycles, a publicly held corporation (Pink Sheets: PMCY - News), is the exclusive United States distributor of off/on road motorcycles and all terrain vehicles (ATVs) manufactured in China by Yamoto Motors Corporation, to Patriot's stringent specifications. The company and its management are firmly committed to distributing the finest manufactured motorized products, starting with their off/on road motorcycles and ATVs at a substantially lower cost of their competitors. Patriot's goal is to bring affordable family fun to the world.
Team co-owner Eric Bachelart is excited about the addition of Patriot Motorcycles to the Mi-Jack Conquest Racing family. "We are proud to associate ourselves with such a fine company. Patriot and Mi-Jack Racing share the same traits of striving for excellence in our respective organizations. We look forward to a profound relationship now and into the future."
Patriot's Vice President of sales, racing legend Dick Simon echoed Bachelart's sentiments regarding the association with Mi-Jack Conquest Racing. "I have been involved in racing for over forty years and to come back to racing, bringing Yamoto by Patriot Motorcycles together with Champ Car and a team of this caliber is fantastic. I couldn't be happier!"
Mr. Attias stated, Patriot is very excited to be associated with the Mi-Jack Conquest racing Team, "This is just one of many steps throughout the motorsports industry the company will take to build the Yamoto brand."
Mi-Jack Racing will begin using Patriot Motorcycles' products starting with the Centrix Financial Grand Prix of Denver on August 13-15, 2004. "Our Drivers and the team's crew cover a lot of ground at the various tracks we visit throughout the season. We all are looking forward to using Patriot's Motorcycles as our mode of transportation on and off the tracks," added Bachelart.
Patriot Motorcycles Expands Dealer Organization
To Include Major Chain Retailers
DANA POINT , Calif. - (WIRE SERVICE) - March 1, 2005 - Patriot Motorcycles Corporation (Pink Sheets: PMCY) today announced that its national dealer organization now will also include major chain retailers.
The expanded dealer organization features dual-representation and exposure for the Yamoto by PatriotT brand. Traditional authorized dealers will sell and service the full line of Yamoto by Patriot Dirt Bikes and All-Terrain Vehicles (ATV's), while major chain retailers represent only select products and models.
Patriot announced it has received an initial order from a major chain retailer for two products from its Yamoto by Patriot line. "As part of our planned structure, two specific and select models - the Yamoto ATV110 and PY110 Dirt Bike - are non-exclusive to traditional Patriot Dealers," notes Dan Cwieka, President of Patriot. "These models are being used to assist with accelerated branding of the Patriot and Yamoto names. A dual-level dealership organization such as this greatly broadens exposure and speeds the building of brand awareness."
Mark Green, President of Sales and Marketing for Patriot, states, "The initial order and distribution agreement are based in part on both vehicles being awarded 'green sticker' compliance status by the California Air Resources Board (CARB) for off-road use in California and, in turn, all 50 states."
"Besides the benefits of immediate and proven distribution," Green adds, "acceptance by a major chain retailer serves to enhance Yamoto by Patriot brand recognition through their own brand advertising and our association with it. It also underscores the broadening scope of both our brand and our dealer network."
The chain's Southern California stores will also provide the co-branded Patriot zMax® Micro-Lubricant treatment that initiates Patriot's industry-first, unprecedented Five-Year Guarantee. Customers purchasing Yamoto by Patriot Dirt Bikes and ATV's are obligated to return at six-month intervals for oil changes that include the Patriot zMax treatment, continuing the guarantee extension for another six-months - and for up to five full years. It also ensures continued customer contact for chain retailers, as it does for traditional Yamoto dealers.
Patriot Chairman and CEO, Michel Attias, notes, "An increasing number of chains are now focused on bringing recreational vehicles to the U.S. market. And in an increased effort to bring better and more compliant off-road vehicles into their lineup.they find Yamoto by Patriot to be both a positive and lucrative addition."
About Patriot Motorcycles Corporation
Patriot Motorcycles is the exclusive distributor of the Yamoto line of Dirt Bikes and All-Terrain Vehicles (ATV's) for the United States , Canada , Mexico , Brazil and Chile . Patriot also offers an unprecedented, "industry-first" extended Five-Year Guarantee - based on continued use of its co-branded zMAX® Micro-Lubricant. The company and its management are dedicated to making Yamoto by Patriot T the first great Chinese-manufactured brand, to building a national and international network of authorized dealers and to distributing quality products that consistently out-price the competition for the entry-level / family market. Patriot also offers additional branded products and accessories.
Note: Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include, but are no limited to, demand for the company's products and services, PMCY's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
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