SEMA's Silent Auction Raises More than $45,000 for the SEMA Scholarship Fund

LAS VEGAS (Nov. 18, 2002) -- SEMA, the Specialty Equipment Market 
Association, announced that the silent auction held during SEMA Show 2002 
raised more than $45,000 for the SEMA Memorial Scholarship Fund.

The lead item sold was a Lava Red Pontiac Vibe with a Let’s Go Aero Herman 
Trailer customized by Number 1 Accessories Inc. of Costa Mesa, Calif. SEMA-
member companies also donated dozens of attractive items to the silent auction this 
year, including jewelry (hand-strung pearl necklace with silver box), racing 
collectibles (a Smokey Yunick work uniform, an autographed Dale Jarrett racing suit 
and a Simpson helmet signed by 39 NHRA heroes and heroines), autographed 
books (George Barris 7-volume set) and automotive art, clocks, die cast model cars, 
jackets, and two radio advertising packages, which merited charitable bids from 
SEMA Show attendees.

Peter Mac Gillivray, vice president of sales & marketing for SEMA, said that the Vibe 
went to James R. Smith, with Over Fifty Motorsports of Alvin, Texas, for his bid of 
$20,000.

Proceeds of the silent auction benefit the SEMA Memorial Scholarship Fund. The 
fund is a charitable 501(c)(3) corporation, so the auction prices are tax-deductible. 
To date, the SEMA Memorial Scholarship Fund has awarded more than $350,000 
to hundreds of students who are pursuing careers in various segments of the 
specialty automotive industry.

"We thank all of the members that donated to the silent auction this year. We 
couldn't have done it without them," said Ken Pyle, educational services director for 
SEMA. "We’re very proud of how the SEMA Memorial Scholarship Fund has been 
able to help the industry leaders of tomorrow in their educational pursuits. The 
scholarship program means so much to the students, as well as to our industry."

SEMA represents the $26 billion specialty automotive industry. The trade 
association has more than 4,500 member companies. It is the authoritative source 
of research data, trends and market growth information for automakers and the 
specialty auto products industry. The industry provides appearance, performance, 
comfort, convenience and technology products for passenger cars, minivans, 
trucks, SUVs and recreational vehicles. For more information, contact SEMA at 
1575 S. Valley Vista Dr., Diamond Bar, CA, 91765-3914; call 909/396-0289; or visit 
www.sema.org or www.enjoythedrive.com.