American Quantum Cycles Approved by American Motorcycle Leasing for Consumer Leasing.Business Editors MELBOURNE, Fla.--(BUSINESS WIRE)--June 8, 2000 American Quantum Cycles (AMEX AMEX See: American Stock Exchange :AFV AFV Alternative-Fuel Vehicle AFV America's Funniest Home Videos (TV show) AFV Armored Fighting Vehicle AFV America's Funniest Videos AFV Amniotic Fluid Volume AFV America's Funniest Home Video AFV Avantage Fiscal ), a manufacturer of high performance motorcycles, announced today approval by American Motorcycle Leasing for consumer leasing of its heavyweight cruiser and touring motorcycle A touring motorcycle is a type of motorcycle designed for long-distance touring and heavy commuting. Although any motorcycle can be used to tour with, manufacturers have brought specific models designed to address the particular needs of these riders. lines. American Motorcycle Leasing, a privately held Company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , offer both AB credit and subprime leasing to the motorcycle retail market. Over 500 motorcycle Dealers in 38 States carry its leasing program. The six-year-old company provided leases for over 1,000 motorcycles in 1999. "We have evaluated American Quantum's motorcycle products, have assessed that they are very competitive in the marketplace with respect to price, performance and styling and have approved them for our leasing program," stated Tony Havens, Chief Executive Officer of American Motorcycle Leasing. American Quantum's Chief Executive Officer, Richard Hagen stated, "Being approved by American Motorcycle Leasing will open up retail funding for a large number of our potential customers." About American Quantum Cycles American Quantum Cycles manufactures American-made, high performance, custom-made, cruisers and touring style motorcycles with state-of-the-art engines utilizing a patented four-valve head for greater power and lower pollutant pol·lut·ant n. Something that pollutes, especially a waste material that contaminates air, soil, or water. emissions. Using a PC-based kiosk Intranet/Extranet system installed in dealer showrooms, customers can select a precise motorcycle design Motorcycle Design can be described as activities that define the appearance, function and engineering of motorcycles. Professionally it is a branch of industrial design, similar to automotive design using identical techniques and methodology, but not as focused on styling. with options tailored to their requirements. For more information visit the Company's Web site at www.quantumcycle.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties. Although American Quantum Cycles believes that the expectations reflected in its forward looking statements are reasonable, actual results could differ materially from those expectations. Important cautionary statements and risk factors that would affect actual results are discussed in materials filed by American Quantum Cycles with the Securities and Exchange Commission. |
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