Save The World Air, Inc. Signs Its First Distributor Agreement for the Sale of Its ZEFS Devices
LOS ANGELES, Oct. 31, 2005 -- Save The World Air, Inc. (Pink Sheets: ZERO) today announced that it has entered into its first distributor agreement, for the sale of its ZEFS devices in the North American Original Equipment Manufactures (OEM) and after-market for motorcycles. The distributor agreement provides for a minimum purchase of 10,000 ZEFS devices over a 24-month period to Team Phantom, with the first delivery scheduled for the first quarter of 2006.
Team Phantom is a North American motorcycle parts and accessories manufacturing and distributing company. Team Phantom will be supplying ZEFS products to the American V-Twin industry. This industry includes OEMs that produce high performance road bikes and cruisers, as well as custom motorcycles, commonly known as "choppers". The OEM sector of this market is estimated by industry sources at more than 300,000 new motorcycles and engines annually. Based on current industry production data, the company believes that there are at least 2,000,000 in-use motorcycles in North America.
"This distributor agreement marks a major milestone for our company for which our product development and marketing teams have worked long and hard," CEO Eugene E. Eichler announced. "Motorcycle and engine manufacturers in the U.S. will now have access to our ZEFS device which will help reduce emissions, while adding increased fuel efficiency and enhanced performance to their products".
Save the World Air, Inc. is currently engaged in the product development, and initial sales and marketing, of devices using proprietary technologies that can be installed on motor vehicles, motorcycles and stationary engines to reduce harmful emissions, improve fuel efficiency and/or improve performance.