Speedemissions to Offer Vital Automobile Manufacturer Safety Recall
Data in Its Retail Stores and at BuyCarSafety.com
ATLANTA, GA--(Marketwired - May 6, 2014) - Speedemissions, Inc.
(OTCQB: SPMI), a leader in the vehicle emissions and safety
inspections industry, with 43 locations in Atlanta, Houston, St.
Louis and Salt Lake City, and the developer of CARbonga-SRI and
CARbonga, the revolutionary automobile diagnostic iPhone apps,
announced today it will be offering retail customers an automobile
manufacturer safety recall history for their make and model dating
back to 1996. In addition, the information will be available at the
Company's new automobile manufacturer safety recall data web site,
www.BuyCarSafety.com.
The comprehensive report titled the "Vehicle Information System
Report" ("VISR"), and powered by CARbonga, highlights the complete
safety recall history of the make and model describing in detail
the following important points:
1. Component - identifies the item(s) being recalled 2. Defect
Summary - provides details on the defective item/system 3.
Consequence Summary - clearly defines what happens if not corrected
4. Corrective Summary - outlines the measures required by the
dealer to fix the safety recall item
The report also provides the steps required to determine if the
automobile has ever been recalled for a safety issue that can
affect the operation of the car. The VISR allows vehicle owners to
be proactive in obtaining critical information on the history of
their vehicle, allowing them to seek remedy, counsel and repair
before any potential threatening malfunction or hazardous event
occurs.
"To put the real value of the Vehicle Information System Report in
perspective, understand that there are over 250 million vehicles on
the road in the U.S. You should also know that in a February 2014
report by the National Highway Transportation Safety Administration
there were 632 recalls issued in 2013 totaling 22 million vehicles
- but incredibly, the 18 largest automakers noted there were only
184 recalls," stated Rich Parlontieri, President and CEO of
Speedemissions.
"Going one step further, for the five-year period of 2009-2013,
NHTSA reports that nearly 90 million vehicles were recalled with
some makes and models having as many as 14 recalls over a 10-year
period. And in 2011, all 18 of the major automobile manufacturers
had one or more of their models recalled," added Parlontieri.
To view a VISR sample report, visit:
https://www.buycarsafety.com/demo/reportdemo.html
Speedemissions can now offer their customers, which last year
amounted to almost a quarter million, and any other car owner one
who visits the www.buycarsafety.com website, quick and accurate
answers to the following questions, "Has my vehicle ever been
recalled and what dangers could I be facing?" In a matter of
minutes the customer will get essentially everything they need to
know about the recall status of their car. At a minimal cost, the
VISR provides not only the benefit of safety recall status, but has
the added feature of giving consumers the number of TSBs (Technical
Service Bulletins) issued on that make and model.
"We've been diligently working to find a solution that brings the
CARbonga-SRI app file to the everyday market. The VISR, offered
through our www.buycarsafety.com website, does just that. Plus, in
light of what has transpired with the manufacturer recalls in just
the early stages of 2014, we are very encouraged by what this
forward-thinking initiative can mean to the Company," said
Parlontieri.
ABOUT SPEEDEMISSIONS, INC. Speedemissions, Inc., based in Atlanta,
Georgia, is a national brand offering customers quick and efficient
emission testing and/or safety inspection as required by law. The
Company is in the Atlanta, GA, Houston, TX, Salt Lake City, UT and
St. Louis, MO markets. The Company has expanded its business model
through its newly introduced Speedemissions Car Care Stores and
Speedemissions Car Care franchise unit. Speedemissions hopes to be
among the first companies to offer its customers quick and
efficient vehicle emissions testing and repair services.
For more information, visit: www.speedemissions.com
ABOUT CARBONGA Speedemissions, Inc. owns and developed the CARbonga
line of apps for smart phone users. CARbonga is the first app which
allows the average person to detect automotive car problems for
their own vehicle or when buying a used vehicle. The CARbonga-SRI
app provides a quick and easy way for consumers to stay on top of
the safety of their vehicle by providing the most current
safety-related recalls and service bulletins for their
vehicles.
For more information, visit www.carbonga.com and for CARbonga news
updates follow @CarbongaApp on Twitter.
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https://www.facebook.com/pages/Speedemissions-Inc/522270047828743
CARbonga Facebook
https://www.facebook.com/pages/CARbonga/167142293336305
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FORWARD LOOKING STATEMENTS Certain statements contained in this
news release regarding matters that are not historical facts may be
forward-looking statements. Because such forward-looking statements
include risks and uncertainties, actual results may differ
materially from those expressed in or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially include, but are not limited to, uncertainties
pertaining to market acceptance for Speedemissions' products and
services, its ability to succeed in increasing revenues in the near
term to attain profitable operations and generate sufficient cash
flow from operations, the effect of new competitors in its markets,
its integration of acquired businesses, and other risk factors
identified from time to time in its filings with the Securities and
Exchange Commission, including Speedemissions' Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q and current reports on
Form 8-K which are available at the SEC's website www.sec.gov.
Other factors not currently anticipated may also materially and
adversely affect Speedemissions' results of operations, financial
position, and cash flows. There can be no assurance that future
results will meet expectations. While Speedemissions believes that
the forward-looking statements in this news release are reasonable,
the reader should not place undue reliance on any forward-looking
statement. In addition, these statements speak only as of the date
made. Speedemissions does not undertake, and expressly disclaims
any obligation to update or alter any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
For more information: Speedemissions, Inc. Investor Relations
Email: ir@speedemissions.com
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