AimRite Holdings Approves 5 & 7 Year Exclusivity with Major OEM Vehicle Manufacturer.SAN DIEGO--(BUSINESS WIRE)--July 8, 1998--The Board of Directors of AimRite Holdings Corporation has approved a 5 year exclusivity on one vehicle model and 7 years on another with a major OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and vehicle manufacturer. This exclusivity agreement covers two vehicle applications out of several that may be targeted for the COAST suspension suspension, in vehicles suspension, in automobiles, system of springs used to suspend the frame, body, engine, and power train above the wheels. Its principal purpose is to lessen the jarring of the automobile that is caused by irregularities in the roads control system. These exclusivity agreements were r application of the COAST suspension control system to their vehicles. Preparation for production is prpension control system, including both the hardve vehicle stability, ride comfort and performanproduce the COAST Suspension Technology in the with Hyperlinks to your home page. URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com |
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