APC and Prolong Announce New Product Offering for the Sport Compact Market; New Offering Dubbed ``FUSION SERIES'' Aims for Big Sales.Business Editors/Automotive Writers IRVINE, Calif.--(BUSINESS WIRE)--May 12, 2003 Prolong Super Lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. , Inc., operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. of Prolong International Corporation (AMEX AMEX See: American Stock Exchange :PRL PRL - Proof Refinement Logic. Versions: micro-PRL, lambda-PRL, nu-PRL. ["PRL: Proof Refinement Logic Programmer's Manual", CS Dept, Cornell, 1983]. ), today announced a new alliance with APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. American Products Company, Inc. to manufacture and market a new series of performance chemicals, the FUSION SERIES(TM), in the fast growing, multi-billion dollar sport compact market. FUSION SERIES(TM) includes three essential, easy-to-use chemicals: FUSION Engine Treatment to effectively reduce friction and heat in hotter-running engines, FUSION Injection Charge to clean dirty fuel injectors, and FUSION Octane oc·tane n. 1. Any of various isomeric paraffin hydrocarbons with the formula C8H18, found in petroleum and used as a fuel and solvent. 2. An octane number. Juice for a street-legal jolt of extra power. The offering has been specially developed and packaged in bold, contemporary graphics for the sport compact automotive enthusiast. "We received an impressive response from the retail, performance and consumer audiences during the product's debut at SEMA's International Auto Salon Show held recently in the Los Angeles Convention Center The Los Angeles Convention Center (abbreviated LACC) is a convention center in downtown Los Angeles. The LACC hosts annual events such as the Greater Los Angeles Auto Show, and was best known to video games fans as host to E3 until its cessation in 2006. ," said Brad Harkless, Prolong Super Lubricants Vice President of Sales and Marketing. Corona, California Corona is a city in Riverside County, California, United States. As of the 2000 census, the city had a total population of 124,966; a 2004 special census put the fast-growing city's population at 144,274. based APC, already well-known and highly successful in this significant and rapidly expanding automotive niche, which commands nearly two billion in retail sales, had been seeking a chemical line-extension to its popular exterior, interior and engine modification products. Prolong Super Lubricants has earned enormous customer loyalty and a strong reputation in the motorsports world for its patented engine and transmission treatments and its performance enhancing fuel additives. Prolong is confident the FUSION SERIES products will expand awareness of its performance enhancing automotive chemicals within the growing segment of sports compact enthusiasts. "Our teaming up is natural," said Brian Horowitz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of APC. "Both organizations have a passion for being leading edge and the best in their category, for providing customers with premium quality products, and for the sheer enjoyment of helping make our customers' rides look and run their best." "We are extremely excited about co-branding and marketing the FUSION SERIES(TM) with APC," said Mr. Harkless. "They are leaders in the sport compact marketplace because they have a thorough understanding of the attitude and culture of their customers, which they satisfy with consistent quality and innovation. We share the same dedication to our customers. FUSION products are for the tuners who care about how their car runs as well as how it looks. Each is easy-to-use. All you need to know is where the oil and gas caps are, and all you need to do is pour it in, and pour it on." The trio of FUSION SERIES(TM) products will be available soon in several leading mass and automotive retailers, speed shops and directly through APC's popular website catalog at www.4apc.net." Product information emphasizes that conscientious maintenance rather than any hard core mechanical knowledge is all that is necessary to benefit from using FUSION SERIES(TM) products. The Engine Treatment is formulated to help provide significant heat reduction in the notoriously hotter running compact engines, as well as provide protection against metal-to-metal friction, especially at extreme pressure points. The Injection Juice, recommended for use every 3,000 miles, helps restore optimum fuel efficiency and horsepower by thoroughly removing sludge and carbon deposits. The Octane Juice is formulated for extra boost and maximum horsepower. APC products, designs, trademarks and copyrights are the property of American Products Company, Inc. Prolong Super Lubricants products, designs, trademarks and copyrights are the property of Prolong Super Lubricants, Inc. FUSION SERIES(TM) is the joint owned property Joint Owned Property Any property held in the name of two or more parties. Notes: Joint ownership could involve a married couple, business partners, etc. See also: Joint, Joint Account, Jointly and Severally, Joint Return, Joint Stock Company, Joint Venture, of American Products Company, Inc. and Prolong Super Lubricants Inc. Prolong International Corporation (AMEX:PRL), a consumer products holding company headquartered in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). , through its operating subsidiaries, manufactures, markets and distributes a complete line of patented lubricant and proprietary automotive, commercial/industrial and household products. The Company's products are marketed and sold under the brand name Prolong Super Lubricants(R) and are used in automotive, industrial and consumer applications. Prolong products are sold throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. at major chain stores and auto retailers and in international markets. More information about Prolong International and its products can be obtained at http://www.prolong.com. Certain statements in this news release that relate to financial results, projections, future plans, events, or performance, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and involve significant risks and uncertainties, including but not limited to the following: competition, cost of components, product concentration and risk of declining selling prices. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. , and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this release, and the Company assumes no obligation to update such forward-looking statements. |
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