LOS ANGELES, July 9, 2007 (PRIME NEWSWIRE) -- Mizati Luxury Alloy Wheels, Inc. (Pink Sheets:MZTI), a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans and light trucks has appointed Mr. Tony Cortez as their new Sales Manager. In this position, Mr. Cortez will focus on establishing and developing an efficient sales team to increase revenue generation.
Mr. Cortez has over nine years of extensive experience as a Sales Manager. He has a long history of improving the sales process with hands on experience in the selection of distributors, budgeting and accounts receivable oversight, executive presentations, and networking. Tony also brings Mizati broad industry knowledge in marketing, such as selecting new wheel designs and advertisements in the high-end alloy wheel industry.
Mr. Cortez coordinated several multi-national corporate accounts for Mas Italy, MB Italia LLC, OZ Racing and Savini Forged. He also initiated successful ventures into key Latin American markets. Mr. Cortez is fluent in English and Spanish, and has conversational language skills in Italian. Mr. Cortez will be making a large contribution towards growing our international clientele.
While Mr. Cortez worked for Savini Forged, he prepared sales and marketing plans, selected new designs, targeted market segments of opportunity, negotiated agreements with manufacturers, established sales management objectives and directed advertising and sales promotion programs. He also recruited, trained and motivated the sales staff. Mr. Cortez will be working closely with Frederick Croft, COO, to build Mizati into a leader in the wheel and tire industry.
About Mizati Luxury Alloy Wheels, Inc.
Mizati Luxury Alloy Wheels, Inc. ("Mizati") designs, markets and distributes high-quality custom alloy wheels for passenger cars, sport utility vehicles, vans and light trucks. Incorporated in 2001, the company operates from its corporate headquarters in Walnut, California. Mizati currently markets and distributes three separate and unique brands of luxury wheels, "Mizati(r)," "Hero(tm)" and "Zati(tm)," through a network of 300 dealers and distributors. Mizati has achieved an average annual revenue growth rate of 102% for the past three years, and had total revenue of $4,162,754 in 2006.
For more information about Mizati Luxury Alloy Wheels, Inc. (Pink Sheets:MZTI), visit the company website at http://www.mizatiwheels.com.
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"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in MZTI Securities and Exchange Commission filings. MZTI undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.