Titan Motorcycle Expands Manufacturing Facility
28 October 1998Titan Motorcycle Expands Manufacturing Facility
PHOENIX, Oct. 28 -- Patrick Keery, president of Titan Motorcycle Co. of America (OTC Bulletin Board: TMOT), announced today that the company has finalized a new, multi-year lease agreement adding 60,000 square feet of additional floor space for manufacturing-related activities. The new lease, which provides for occupancy in January 1999, will bring the company's total floor space under one roof to 124,000 square feet. "This additional, adjacent space will accommodate the continuation of our aggressive growth plans and facilitate the introduction of Titan's new series of motorcycles planned for spring 1999," commented Keery. Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand- built configurations, including the Gecko(TM), Roadrunner(TM), Sidewinder(TM), Scorpion(TM), and Coyote(TM), represent the finest available in custom- designed, volume-produced, performance motorcycles. Manufactured at the company's corporate headquarters and manufacturing facility, and available with a variety of customized options and designs, Titan large displacement motorcycles are sold through a network of over 80 domestic and international dealers. NOTE: Any statements released by Titan Motorcycle Co. of America that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the company's filings with the Securities and Exchange Commission.