West Marine's Maintenance-Free Batteries Offer Reliability And Long Life.Business Editors
WATSONVILLE, Calif.--(BUSINESS WIRE)--May 25, 2001
Don't get caught offshore with a drained battery and an engine that won't start. West Marine's (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 :WMAR) SeaGel and AGM AGM annual general meeting
AGM n abbr (= annual general meeting) → AG f
AGM n abbr (= annual general meeting) → JHV f (Absorbed Glass Mat) sealed batteries provide a maintenance-free, long-lasting power supply for recreational and commercial boaters. Specially designed for the marine environment, these deep-cycle and dual-purpose (starting and deep-cycle capabilities) batteries offer plenty of power for a wide variety of applications.
"Boaters need a power source they can trust," says Chuck Hawley, West Marine's vice president of product development. "Our marine SeaGels and AGM batteries are superior by industry standards, offering boaters the best technology and quality. In addition to being extremely reliable, their sealed construction makes them a safe alternative to conventional flooded batteries. And although they cost more than conventional batteries, they are a better value since they deliver more power and longer cycle life."
Sealed deep-cycle batteries contain a viscous viscous /vis·cous/ (vis´kus) sticky or gummy; having a high degree of viscosity.
1. Having relatively high resistance to flow.
2. Viscid. chemical "gel" that provides several times the cycle life of flooded batteries and even considerably more than other gels. West Marine's SeaGel Batteries are resistant to damage from repeated deep discharges and extended storage. Even after remaining completely discharged for 30 days, deep-cycle gels will recharge to full capacity, unlike conventional flooded batteries. Once charged, a low self-drain rate allows the battery to sit unattended for an entire winter without significant power loss.
Although these batteries cost more then conventional flooded batteries, they produce more energy over their lifetime, which makes them a better value. In fact, SeaGel batteries deliver 30 to 100 percent more energy over the course of their lives compared to other deep-cycle marine batteries.
Dual-purpose absorbed glass mat (AGM) batteries use technology wherein a dense, absorbent glass mat Absorbent glass mat (AGM) is a class of VRLA lead-acid battery in which the electrolyte is absorbed into a fiberglass mat. The plates in an AGM battery may be flat like wetcell lead-acid battery, or they may be wound in a tight spiral. separator is compressed between the battery's positive and negative plates. This provides the battery with more starting power and greater charge acceptance than conventional batteries. Designed for both starting and deep-cycle applications, sealed dual-purpose AGM's perform longer than conventional dual-purpose batteries.
Both technologies offer boaters freedom from battery maintenance and, consequently, from accidental acid spills, terminal corrosion, gas leakage and the danger of explosion. Since the batteries are completely sealed, they can be inverted inverted
reverse in position, direction or order.
inverted L block
a pattern of local filtration anesthesia commonly used in laparotomy in the ox. or installed in hard-to-reach or cramped locations. They can even be completely immersed im·merse
tr.v. im·mersed, im·mers·ing, im·mers·es
1. To cover completely in a liquid; submerge.
2. To baptize by submerging in water.
3. underwater without leaks, spills or damage.
West Marine's SeaGel and AGM sealed batteries offer boat owners the benefit of reliability over a long period of time. Long cycle life, low self-discharge and resistance to damage caused by vibration result in lower replacement costs. West Marine backs up its claim of durability with an 18-month full replacement warranty on all sealed batteries.
Samples of the West Marine's SeaGel and AGM batteries are available upon request for editorial testing. Please contact West Marine for more information.
West Marine, Inc. is the nation's largest specialty retailer of boating supplies and apparel, with 238 stores in 38 states and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , and more than $500 million in annual sales. The Company's highly successful Catalog and Internet channels offer customers approximately 50,000 products -- far more than any competitor -- and the convenience of being able to exchange Internet purchases at West Marine retail stores. The Company's Port Supply division is the country's largest wholesale distributor of marine equipment, serving boat manufacturers, marine services, commercial vessel A commercial vessel is defined by the United States Coast Guard as any vessel (i.e. boat or ship) engaged in commercial trade or that carries passengers for hire. This would exclude pleasure craft that do not carry passengers for hire or warships. operators and government agencies. Because the overwhelming majority of West Marine's revenues come from aftermarket Aftermarket
See: Secondary market.
See secondary market. sales, the Company has traditionally been less affected by economic downturns than manufacturers and sellers of new boats.
In 1999, West Marine launched its West Advantage program designed to build on the Company's strong brand identity and reward loyal customers. The Company expects to have signed up more than one million West Advantage members by year-end 2001. West Marine's other new initiatives include insurance, a private label credit card, boat financing, boat towing, extended service contracts, and new destination super-stores.
"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: The statements contained in this press release that relate to future plans, events, expectations, objectives, or performance (or assumptions underlying such matters), including statements regarding future comparable store net sales Net Sales
The amount a seller receives from the buyer after costs associated with the sale are deducted.
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight and gross margin, are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. Risks and uncertainties include the Company's ability to increase sales at its existing stores and expand through the opening of new stores, competitive pricing pressures, inventory management and shrink issues, the market share erosion faced by the Company's catalog division as the Company and its competitors have opened new stores, the impact of the Internet on the supply chain, weather-related issues, the level of consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. on recreational water sports water sports Urophilia, see there and boating supplies, and other risk factors disclosed from time to time in the Company's SEC filings.