VANCOUVER, Wash., Sept. 26, 2005 (PRIMEZONE) -- Automotive Specialty Concepts (Pink Sheets:AMVS) provides a Corporate Update.
Operations
Automotive Specialty Concepts' corporate office has been equipped with communication services in Vancouver, WA (IE internet, phones) and Dexter Morrison, Sales & Marketing manager and president of AMVS's subsidiary Switch Plate Ads Inc., is preparing for enrollment of staff to handle upcoming expected growth and operations. Financial record preparation is being overseen by AMVS's CFO Jerry Leslie, CPA, he is preparing for an audit and public financials.
Strategic Alliances
The DEA (Drug Enforcement Agency) has shown an interest in AMVS's drug awareness and fundraising programs. Meetings between the AMVS management team and the DEA have taken place, and the results are positive. The DEA stressed that its goal is to use our current endorsements and business model to help stop the movement of steroids into middle, high and college school levels. Strategic alliances with manufactures have also been made to produce AMVS light switch plates, camouflage wheels, running boards, racks, etc., and wheel caps such as the marines and the navy. Other licenses are being targeted such as upcoming college, NBA, NFL and advertising organizations.
University of Oregon Program
With the addition of Football Hall of Famer Mel Renfro to the advisory board and promotional team, AMVS has set its sites on his alma matter, The University of Oregon, where he still holds track records. AMVS has introduced the light switch products to the school, received approval for distribution and has shipped to campus and local sports stores. The U of O switch will be up on the AMVS website this week.
High School Program
In addition to release and shipment of our U of O light switch products the AMVS high school level marketing program is in full swing. Initial orders have been shipped to a variety of schools including previously mentioned Crawford High School of Texas. Based on the recent The High School Coaches Association Conference, orders are still pending for high schools in the Texas Area. Updates regarding our roll out in Washington State and other locations will be included in future updates.
AMVS Website Equipped for Internet Orders
PayPal (Registered Trademark) secure payment systems have been set up and AMVS expects to have the full merchantable payment system up as early as next week. Updates for new designs, new products, etc. will continue to be added on a weekly basis.
Specialty Retail Lines
Several consumer level pre-orders have been made for the camouflage wheels and accessories. Interest from Hummer dealerships, Jeep dealerships and SUV specialty shops is also increasing as we prepare to feature the camouflage accessories and wheels. AMVS's website is the initial marketing platform. Steps are being taken to maximize our traffic on a monthly basis and we are working with professionals in the industry. AMVS expects to partner with other specialty websites, and is continuing to expand its business-to-business and business-to-consumer marketing plans.
Shareholder Awareness
AMVS is pleased with the impressive support from Novak Capital Inc. to grow the shareholder awareness program. AMVS expects to see continued support from their investors relations expertise and their popular website http://www.novakcapital.com/amvs.html In addition, an aggressive approach is being taken with a website and search engine optimization program, frequent newsletter updates (email info@novakcapital.com or use the sign up box that will be on the website over the weekend), radio advertisements, interviews with popular shows and websites for CEO, Paul Stringer; and board members, Mel Renfro and Mychal Thompson, TV spots on stock related programs, direct mailing to the shareholder base, among other things. The objective is to introduce new investors to the value of Automotive Specialty Concepts and broaden our shareholder base, now nearing 2000.
About Automotive Specialty Concepts, Inc.
(http://www.automotivespecialtyconcepts.com/)
Automotive Specialty Concepts, Inc. is a provider of marketing alternatives for the automobile industry specializing in sports memorabilia and collectable artwork for the car owners, especially customized logos for universities, and established sports leagues and teams. The company has patent protection for its proprietary processes. The company also specializes in fundraising and drug awareness programs.
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.