Fountain Powerboat Industries, Inc. Reports Outstanding Sales at the 2004 Miami International Boat Show.Sports Editors/Business Editors WASHINGTON, N.C.--(BUSINESS WIRE)--Feb. 19, 2004 Fountain Powerboat Industries, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FPWR FPWR Fire Precautions (Workplace) Regulations 1997 (UK) ), the leading manufacturer of high performance sport boats, fish boats and express cruisers, today announced outstanding sales at the recently completed 2004 Miami International Boat Show. Fountain Powerboats and its dealers have experienced great success at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of International, Chicago, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and Atlantic City boat shows, and the sales at the Miami International show far exceeded any in the company's history for a single event, according to Fountain President and Chief Executive Officer Reginald M. Fountain. "Sales at Miami exceeded $13.3 million at wholesale, which is 150% more than sales at the 2003 Miami Boat Show", he said. Unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. were distributed throughout the broad product line with particularly strong sales of the 48 Express Cruiser and 42 foot sport boats, and spectacular sales of the new 38LX Express Fish Cruiser, which was introduced last November. Fountain said, "Our new 38LX boat has been well received with much acclaim and has leaped from introduction to sold out for the balance of our 2004 fiscal year, with a backlog continuing into fiscal 2005. We are gearing up to increase the production of the 38LX and 48 Express Cruiser due to the strong demand for both of these models". |
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