Future Carz Inc. Announces 200 Percent Increase in New Leases by Subsidiary, AutoCarz Inc., During First Quarter 2001.Business Editors & Automotive Writers SCOTTSDALE Scottsdale, city (1990 pop. 130,069), Maricopa co., central Ariz.; settled in 1895 by Winfield Scott, inc. 1951. It is a resort and retirement center in the Phoenix metropolitan area. , Ariz.--(AutomotiveWire)--April 4, 2001 Future Carz Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FCZI) is pleased to announce that the volume of new leases of vehicles through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , AutoCarz Inc., has increased 200 percent in the first quarter of 2001 over the last quarter of 2000. Remarkably, the company has maintained a customer loan default rate that is less than 5 percent during this period of substantial growth. This default rate is very low when compared to the current national average, estimated to be 28 percent and can be attributed to AutoCarz' unique approach to automobile leasing. Edward Edward killed his father at his mother’s instigation. [Br. Balladry: Edward in Benét, 302] See : Patricide C. Heisler Heisler could refer to: A person:
Future Carz Inc. is the parent company of AutoCarz Inc., an automobile leasing company that offers quality, late model automobiles to qualified individuals who do not meet traditional financing terms. Through AutoCarz Inc., the company is building a network of dealerships positioned to service the sub-prime credit segment of the auto-leasing market. For further information please visit www.futurecarz.com or call Financial Public Relations Financial public relations Public relations division of a company charged with cultivating positive investor relations and proper disclosure information. toll free, 877/685-9977. Special Note Regarding 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. Forward-looking statements in this news release 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 Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release that are not strictly historical statements, including without limitation, management's plans and objectives for future operations and management's assessment of market factors, and statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to a number of risks and uncertainties that could cause the company's actual results in the future materially to differ from the forward-looking statements. |
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