STANTON, Calif., Jan. 15, 2004 (PRIMEZONE) -- Xtreme Companies, Inc. (OTCBB:XTRI) announced today that it has completed an acquisition for 100% of the outstanding shares of Rockwell Power Systems, Inc., a manufacturer of specialty boats for fire and rescue. As a result of the transaction, Rockwell will become a wholly-owned subsidiary of Xtreme.
About Xtreme Companies, Inc.
Xtreme Companies, Inc. is engaged in the manufacturing and marketing of mission specific high performance boats to fire, rescue, law enforcement, military, and government agencies. The Company's public financial information and filings can be viewed at www.sec.gov.
Forward Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.