Great White to Test Market Polaris Victory Motorcycles
8 October 1998
Great White to Test Market Polaris Victory MotorcyclesWACO, Texas--Oct. 7, 1998--Great White Marine & Recreation Inc. (OTC BB:JAWS) announces that it has been selected by Polaris Industries Inc. to test market the Polaris Victory Motorcycle in the country of Mexico beginning in January 1999. Mexico is one of two world markets being tested by Polaris next year in preparation for a planned worldwide rollout in 2000.
Polaris Victory Motorcycles are the first all-new, American-made heavyweight cruisers available in 60 years. Victory Motorcycles are styled with a clean, classic look, and are built using the latest technologies coupled with a powerful 1507cc V-Twin engine. Since their introduction last year, Victory Motorcycles have received rave reviews and were named "Best Cruiser of 1998" by Cycle World.
Colin Smith, Great White's President and Chief Executive Officer, stated, "We are very excited to have been chosen to test market Polaris Victory Motorcycles in Mexico. This is an excellent opportunity for the Company and we foresee tremendous demand for this exciting new product."
Great White Marine and Recreation Inc. is an international distribution company of marine watercraft and recreational vehicles and related products through its network of dealers extending from the southwestern United States into Central America, Mexico, South America and the Caribbean. Brand name products distributed by Great White include Polaris(tm) personal watercrafts and all-terrain vehicles, Mercury(tm) outboard boat motors, Mercury QuickSilver(tm) two-cycle engine oil, and an extensive line of Fisher(tm) fiberglass and aluminum boats as well as Cruisers Yachts. Great White's corporate headquarters are in Waco, Texas, with sales, servicing and warehousing facilities in Monterrey, Mexico, Puerto Vallarta, Mexico, and Pompano Beach, Florida.
The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "safe harbors" provision of The Private Securities Litigation Reform Act of 1995.