UPTREND Receives Initial Order
17 Giugno 2004 - 7:46PM
PR Newswire (US)
UPTREND Receives Initial Order AUSTIN, Texas, June 17
/PRNewswire-FirstCall/ -- UPTREND Corp. (OTC:UPTD) announced today
that it has received an order for 600 AirVests, representing half
of its initial 1200 unit order. The Company received an order for
its patented AirVests from a Dallas-based online and mobile
retailer. Product is expected to be delivered in the third quarter
of 2004 and the Company believes that potential exists for
additional orders from this customer later in the year. Robert
Bitterli, CEO of UPTREND said, "This initial order speaks to the
excitement surrounding the AirVest product. While the AirVest
represents a new safety product for the motorcycle industry, we are
extremely encouraged by the progress of our business development
executives. We have developed a backlog of diverse sales
opportunities. We believe that word-of-mouth advertising, in
conjunction with our aggressive direct sales and marketing efforts
and those of our retailers and marketing partners, will allow us to
continue growing our business rapidly." The AirVest is the most
revolutionary product to hit the motorsports industry since the
helmet. An innovation in high quality safety gear the AirVest acts
as a wearable airbag in the event of an accident, helping to
protect the rider's chest and back from impact. AirVest is light
weight, inflates in milliseconds and is reusable. Additional
information about AirVest can be found at http://www.airvest.com/.
UPTREND believes that with more than 12 million motorcycle riders
in the US alone and the fastest growing segment of new riders
coming from the "Baby Boomers", the conditions for an innovative
and stylish safety product for this industry have never been more
advantageous. UPTREND is a holding company consisting of innovative
products offering substantial growth opportunities. UPTREND Corp.
intends to leverage both its management experience in sales and
business operations and the proven track record of its partners.
Safe Harbor Statement: Matters discussed in this press release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words "anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These include, but are not limited to, risks and
uncertainties associated with: the impact of economic, competitive
and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently; and other factors detailed in reports
filed by the Company. This release was issued through Major
Newswire (http://www.majornewswire.com/). DATASOURCE: UPTREND Corp.
CONTACT: Robert L. Bitterli, CEO of UPTREND Corp., +1-512-220-7422
Web site: http://www.majornewswire.com/ http://www.airvest.com/
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