LOS ANGELES, Nov. 8, 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, enjoyed rave reviews and success at SEMA's 2007 show. Mizati's continuing expansion of its line of superior products met with customer satisfaction at the Las Vegas SEMA show. Mizati's wheels fit most domestic made and foreign made cars and trucks, such as Dodge, Ford, GM, Chrysler, Toyota, Nissan, Honda, Mercedes, and BMW, and consumers everywhere are buying them.
SEMA (Specialty Equipments Market Association) is the largest automotive aftermarket show in North America. This year's four-day show in Las Vegas had over 400,000 attendees who showed up to view the market trends for the coming year. This is Mizati's sixth year participating as an exhibitor, and in keeping with the growth of the Company, Mizati's display booth was twice as large as last year's, a testament that customers from all over the world were interested in seeing the Company's brand new designs.
"This year our booth saw tremendous traffic. As a result of this great turn out, we had endless on-site meetings with buyers and wrote up countless orders," said Hazel Chu, CEO of Mizati. "The sales team members didn't rest. The positive feed back from our customers and the number of on-site contracts written is proof that Mizati is in the forefront of the industry. The first container shipment with our brand new designs arrived during the show, and before the show ended, we had already shipped out the orders," Chu adds.
The encouraging support from customers gave Mizati's sales team a strong boost and advanced Mizati's position in the market. Everyone came back from SEMA with great news, great expectations, and great enthusiasm for 2008.
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 425 dealers and distributors. Mizati has achieved an average annual revenue growth rate of 102% for the past three years.
For more information about Mizati Luxury Alloy Wheels, Inc. (Pink Sheets:MZTI), visit the Company Web site at http://www.mizatiwheels.com.
The Mizati Luxury Alloy Wheels, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3904
"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.