Bikers Dream announces new corporate store and new dealerships.SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--Feb. 27, 1997--Bikers Dream Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BIKR) is pleased to announce the opening of a new corporate owned store in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , as well as, three new Bikers Dream dealerships and four additional Ultra Kustom Cycle dealers. Bikers Dream opened a new corporate owned store in San Diego located just off the 5 Freeway. Visible from the freeway, over 50,000 cars a day pass the location. The store will carry a full line of Ultra Kustom Cycles and pre-owned Harley-Davidsons. The store will also have a full compliment of motorcycle parts and accessories, including a broad display of Custom Chrome and S&S products, as well as offer service. Bikers Dream also licensed three new locations for its dealer program. The new Bikers Dream dealers are located in Atlanta, Salt Lake City and Korea. All new dealer locations will carry the company's Ultra Kustom Cycle line. Due to the strong level of interest in Bikers Dream dealers, management now anticipates licensing up to 15 new dealers in 1997, up from the previous forecast of four new dealers. Ultra Kustom Cycles has added four new dealers in Arkansas, Ohio, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. . Ultra Kustom now has 10 independent dealers (non-Bikers Dream). Bikers Dream is one of the largest purveyors of cruiser motorcycles (750cc+). Company stores average 10,000 square feet and offer a wide variety of new Ultra Kustom Cycles, pre-owned Harley-Davidson motorcycles, as well as thousands of parts and accessories. The company's Ultra Kustom division is a domestic manufacturer of high quality V "twin" engine motorcycles and related parts. This release contains forward looking statements that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. Investors are cautioned that all forward looking statements involve risks and uncertainties, including without limitation, sales and production risks inherent to the motorcycle retail, manufacturing and distribution industry. CONTACT: Bikers Dream Donald J. Duffy, 714/835-8464 or Continental Capital & Equity Corp. John R. Manion, 407/875-1110 On the Internet at www.insidewallstreet.com |
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