Action Performance, NASCAR Champion Rusty Wallace in Contract Agreement; Extension Through 2007 Includes Personal Appearances.Business Editors and Sports Writers The following is a list of sports writers. Historical sportswriters
PHOENIX--(BUSINESS WIRE)--March 20, 2001 Action Performance Companies Inc. (Company) (Nasdaq:ACTN ACTN Action ACTN Acetone ), the leader in the design, marketing, promotion and distribution of licensed motorsports merchandise, today announced an agreement with Rusty Wallace, 1989 NASCAR NASCAR (National Association for Stock Car Auto Racing), organization that sanctions American stock-car races, est. 1948. It held its first race in Daytona Beach, Fla. Winston Cup champion, and Rusty Wallace Inc., to extend their existing licensing and promotional agreement through 2007, which includes personal appearances and product endorsements by the popular racecar race·car n. Sports An automobile used for racing. driver and personality. Initially scheduled to expire at the end of 2004, the parties agreed to a three-year extension through Dec. 31, 2007, and added a number of personal appearances by Wallace to promote NASCAR racing, Action Performance Companies, and Action Performance collectible die-cast products. Appearances are expected to include photo shoots, TV, radio, and/or video productions. "We are very pleased with Rusty's success as one of racing's top drivers and, especially, with his strong support of Action's products and distributors over the years," remarked Fred Wagenhals, Action Performance chairman and chief executive officer. "We are looking forward to working closely with Rusty, not only to further increase his popularity and promotional opportunities, but also to bring the sport of NASCAR racing to an even larger audience." About Action Performance Action Performance Companies Inc. is the leader in the design, marketing, promotion and distribution of licensed motorsports merchandise. Its products include a broad range of motorsports-related die-cast car replica collectibles, apparel, souvenirs and other memorabilia. The company markets and distributes products through a variety of channels, including trackside track·side n. The area near a track, especially a racetrack. at racing events, a worldwide network of wholesale distributors and specialty dealers, QVC QVC Quality Value Convenience QVC Question Valid Command , the Racing Collectables Club of America (RCCA RCCA Root Cause and Corrective Action (to prevent the recurrence of a defect by eliminating its cause) RCCA Rural Community College Alliance RCCA Roller Coaster Corporation of America RCCA Rod Cluster Control Assembly ), www.goracing.com, and mass retail department stores and chains. This news release contains forward-looking statements regarding the company's promotional activities and opportunities. The company's actual activities and results could differ materially from those set forth in the forward-looking statements. Factors that might cause such differences include, among others, competitive pressures, acceptance of the company's products and services in the marketplace, the success of new marketing programs, the company's ability to successfully execute its restructuring, and other risks 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. dated Sept. 30, 2000, on file with the U.S. Securities and Exchange Commission. |
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