Auto Life Announces Manufacturing Agreement.Business Editors & Automotive Writers CARLSBAD, Calif.--(BUSINESS WIRE)--Jan. 17, 2003 Auto Life Acquisition Corp. ("Auto Life"), manufacturer of internal auto and engine cleaning systems, today announced that it had entered in to a strategic manufacturing agreement with Corlund Electronics. Under this agreement, Corlund will manufacture all of Auto Life's requirements for its Engine Cleaning and Transmission Flushing Flushing, part of Queens, New York City, United States Flushing, former village, now in N Queens borough of New York City, SE N.Y.; chartered 1645, inc. into Greater New York City with Queens in 1898. machines. Corlund will also manufacture Auto Life's new products -- a Fuel Injection Cleaning System and a Coolant coolant (kōō´l  nt),n Flushing machine -- when they are rolled out in early 2003. With annual revenues approaching $100 million per year, Corlund is the largest contract manufacturer in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , and the 56th largest contract manufacturer in the world, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent survey by Electronic Business. Corlund will manufacture Auto Life products at its 65,000 sq ft facility in Vista, Calif., where it maintains sheet metal fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , precision machining and electronics assembly capabilities. Auto Life Acquisition Corp. recently purchased 100 percent of the business and intellectual property assets of the former Auto Life USA Inc., as well as its predecessor company, AATI AATI Austin Area Translators and Interpreters Association AATI Asociación Argentina de Traductores e Intérpretes . Auto Life Acquisition Corp. was formed by Dick Mc Gorrian, other industry professionals and outside investors. The former principals of Auto Life USA Inc. have no ownership or management role in the new company, according to Mc Gorrian. "This alliance with Corlund will provide Auto Life with a manufacturing capacity to support the volume and quality requirements of our customer base that is unmatched in our industry," stated Mc Gorrian, president of Auto Life. According to Don Snedden, vice president of business development for Auto Life, "The expertise that Corlund brings to the table, in both the manufacturing and product configuration arenas, will enable Auto Life to offer the most reliable and highest performance machine in the market place." "We are pleased that Auto Life has selected Corlund as its exclusive manufacturer," stated Lyle Jensen, 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. of Corlund Electronics. "We are most impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with Auto Life's product line. Our vertically integrated manufacturing capabilities uniquely position us to support Auto Life's requirements," he added. For further information on the NEW Auto Life and its family of Internal Auto and Engine Cleaning systems, contact Dick Mc Gorrian or Don Snedden at 760/438-9774. |
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