STANTON, Calif., Feb. 6, 2004 (PRIMEZONE) -- Xtreme Companies, Inc. (OTCBB:XTME) announced today that it sold a model FRJ-1250 Fire-Rescue Jet Boat to Anglesea Volunteer Fire Company No. 1 in North Wildwood, New Jersey. The expected delivery date is March 2004.
Eric Shenkus, President, Anglesea Volunteer Fire Company No. 1 commented, "Xtreme Companies' FRJ-1250 has proven its weight over the last couple of years in the neighboring town of Stone Harbor, NJ. The boat meets all of our needs especially in ocean rescue, around marina developments and has excellent fire fighting capabilities."
Xtreme CEO Kevin Ryan stated, "The FRJ-1250 continues to perform at high levels for past purchasers and that optimum performance was the basis for this opportunity with Anglesea Volunteer Fire Company No.1." He added, "In addition, since the sale and delivery of two FRJ-1250's to the Port Authority of New York and New Jersey in the last quarter of 2003, the response and number of inquires from other potential customers has been very encouraging."
The FRJ-1250 is ideal for shallow water rescues, pier fires, shore fires, or structure fires near the water. It is remarkably maneuverable, turning quickly in its own footprint, and it operates at higher speeds than other currently available fireboats. Its maneuverability and performance generates highly desirable rapid response time, and it can also be used to fill the water tanks of traditional fire trucks near a shoreline. The boat can hold up to five firefighters at a time. With its individually powered Hale pump capable of delivering approximately 750 gallons per minute, a distance of approximately 120 feet, it can accomplish extensive firefighting results in difficult surroundings, both ashore and with other watercraft. The boat is small enough that it can be moved easily on a trailer behind an SUV. One firefighter can easily deploy, operate, and recover the boat. It can also be equipped with a specialized foam dispensing system for chemical fires.
About Xtreme Companies, Inc.
Xtreme Companies, Inc. manufactures and markets mission-specific high performance boats to fire, rescue, law enforcement, military, and government agencies. For additional information about Xtreme Companies, Inc. please visit: www.xtremecos.com . 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 our products 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.