Summit Coaches, Inc. Interview Featured On The Wall Street Reporter.SANDY, Utah Sandy (also known as Sandy City) is a city in Salt Lake County, Utah and a suburb of Salt Lake City. As of the 2000 census, the city had a total population of 88,418. A 2006 estimate placed its population at 94,203, making it the fifth-largest city in Utah. -- Summit Coaches, Inc. (Pink Sheets:SMCA SMCAmonochloracetate. ), is featured on the Wall Street Reporter website at www.WallStreetReporter.com. This website receives 4-6 million viewers each month. In the exclusive audio interview, Darren Kinder, Summit Coaches' 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. , discusses some key strategies for marketing the Stiletto coach. Summit Coaches will take advantage of its unique appeal to the baby boomers See generation X. , the fastest growing segment of the growing RV market. For 2004 the RV market has been forecast to exceed $12.3 billion. "The demand is far exceeding the estimated production," said Darren Kinder, CEO. Other topics covered include the unique features and engineering design that set the Stiletto apart from the competition, and CEO Darren Kinder's background in the industry. The Wall Street Reporter is an acclaimed weekly news magazine read by more than 80,000 fund managers, analysts, investment bankers Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. and influential members of the news media around the world. About the Company Summit Coaches specializes in manufacturing, marketing and selling upscale and feature oriented Recreational Vehicle (RV) trailers that appeal to the more educated customer with a taste for quality. The Stiletto's distinctive engineering and design sets it apart from other products in the market. The Stiletto's ability to be lowered to ground level, leaving only a 4-inch step or ramp into the trailer makes it more accessible than traditional trailers that have 4 or 5 steps. Once raised to its 18" traveling level the air system greatly increases the suspension, making for a much smoother ride than traditional trailers. With the higher cost of fuel, the aerodynamic design appeals to the cost conscious consumer. The company has the technology, business experience and drive to produce exceptional products and successfully sell to a national market. Nearly 10 percent of individuals over the age of 55 currently own an RV. With the aging of the population, Summit Coaches unique RV products are being introduced to the market at the right time. For more information visit www.summit-coaches.com. 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. statement under 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 This news release contains forward-looking statements, including statements regarding Summit's expectations about successfully selling its products. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the failure to realize the increased revenues and improved operating margins that the Company has associated with sales of our products, the loss of any key personnel, our inability to introduce new products that are accepted by the market, the loss or non-performance of our sales representatives, unfavorable results of potential litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , and the possibility that competitors could develop or acquire technology that could erode Summit's technical advantages. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained in this news release. |
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