Autobahn International Enters into Distribution Agreement with Travunija Commerce in Novi Sad, Serbia.VANCOUVER, B.C. -- Autobahn International, Inc. (Pink Sheets: AUBI.PK) announced today that they have entered into an agreement with Travunija Commerce, a Company in Novi Sad Novi Sad (nô`vē säd), Ger. Neusatz, Hung. Újvidék, city (1991 pop. 179,626), N Serbia, on the Danube River. , Serbia, for the distribution of cars, pick-up trucks, SUVs, heavy duty trucks and farm machinery, that are manufactured in China and exclusively distributed worldwide by Autobahn International Inc. When the agreement is closed, Travunija Commerce will be the exclusive distributor for the following countries: Serbia and Montenegro Serbia and Montenegro (sûr`bēə, mŏn'tənē`grō), Serbian Srbija i Crna Gora, former country of SE Europe, in the Balkan Peninsula, a short-lived union (2003–6) of the republics of Serbia and the much , Croatia, Macedonia, Bosnia, Kosovo, Metobia, Albania and Ukraine. The sole dealer and distributor agreement will be valid for a period of five years and renewable for a further ten years. Under this agreement, Travunija Commerce will be responsible for the implementation, supply and management of all distributors, sales force, spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. , after service, and warranty agreements. About Autobahn International Inc. Autobahn International, Inc. is an internationally acclaimed ac·claim v. ac·claimed, ac·claim·ing, ac·claims v.tr. 1. To praise enthusiastically and often publicly; applaud. See Synonyms at praise. 2. automotive company. Autobahn is involved in the marketing and distribution of automobiles. For more information, please see website www.aubiauto.com. Legal Notice Regarding Forward Looking Statements The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are 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. , within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results |
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