Titan Motorcycle Co. of America Ships First New Phoenix Model
1 June 1999Titan Motorcycle Co. of America Ships First New Phoenix Model
PHOENIX, June 1 -- Titan Motorcycle Co. of America announced today the shipment of its first production unit of the new Phoenix(TM) series motorcycles retailing at $19,995. The product of painstaking design, prototyping and road testing, Titan's new line of Phoenix motorcycles is being produced in the company's new 60,000 square foot specialized manufacturing facility. "The launch of the Phoenix series represents a major milestone for Titan and for the American V-twin motorcycle market," said Patrick Keery, president. Nearly two years in the making, the Phoenix line broadens Titan's product offering, with retail price points now ranging from $20,000 to $50,000. Titan's Phoenix series was designed in response to frequent requests by dealers and customers for a V-twin motorcycle that would incorporate Titan's quality and performance, offering exceptional value at a moderate retail price. "The concept is being well received, and we are enthusiastic about the exceptional 'marketability' of the Phoenix series," Keery said. To learn more about the finest available in high-performance motorcycles, visit the company's website at http://www.titanmotorcycle.com. Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of 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), and Phoenix(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 risks 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 periodic filings with the Securities and Exchange Commission.