Cycle Country's North American Product Coverage Expands With More Distributors, Dealers and Retailers in 2003
MILFORD, Iowa--Sept. 4, 2003--| The Company's Weekend Warrior Lawn & Garden Implements Generate Multiple Magazine Articles From Leading Hunting/Outdoor Writers |
Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing several custom-fitting accessories for the all-terrain vehicle (ATV), is pleased to announce that the Company has secured two new distributors to further expand from their sixteen established distributors currently servicing over 8,000 dealers throughout North America. AMSOIL, Inc., headquartered in Superior, Wisconsin and the first in synthetic motor oil, now carries a complete line of Cycle Country's Per-Form oil filter products for motorcycles, ATVs and other utility vehicles. Additionally, Gamma Sales, Inc., a relatively new Canadian distributor of Powersports parts and accessories, now carries the entire Cycle Country accessories product line.
Amsoil's extensive distribution in the U.S. and Canada has quickly impacted revenue growth and already represents a solid percentage of the Company's overall sales in this product category. While Gamma's primary distribution focused in eastern Canada, will strengthen the Company's dealer coverage in this growing geographical region.
Significant new retailers selling Weekend Warrior products in 2003 include Cabela's, the world's foremost outfitter of outdoor gear and equipment, Sportsman's Guide, a 26 year-old catalog and Internet company and Gander Mountain, an outdoor retailer with 62 stores located throughout Minnesota, Wisconsin, Michigan, Indiana, Ohio, Iowa, Pennsylvania, Illinois and New York. Some of Gander Mountain's new stores encompass 100,000 square feet of indoor space and feature a complete line of ATVs and ATV accessories.
In other news, the Company's Weekend Warrior lawn and garden custom-fitting attachments are starting to see increasing demand from one of the fasting growing areas in the hunting industry, the food plot business. Just like farmers fattening their livestock with better feed, many of today's hunters are cultivating small plots within their territory to help grow bigger game more quickly. The Company's Weekend Warrior products' with the moniker, "The Original Food Plot People," was recently shipped to many of the leading outdoor/hunting magazine writers in the country.
The response has been tremendous with several magazine articles highlighting or recommending Weekend Warrior's superior implements being featured in the September issue of "Bull Hunting" and "White Tail Journal," respectively. Literally dozens of additional writers for other well-known magazines have committed to future articles about Weekend Warrior products. Television advertising will also further Weekend Warrior's national exposure through the Company's cable television agreement with the Outdoor Channel for broadcast during the year ahead.
Cycle Country CEO and President, Mr. Ron Hickman commented: "We have always put quality first in the products we manufacture. So, our ever-expanding distribution coverage has been a constant throughout the Company's history. However, since entering the lawn and garden market with our Weekend Warrior products and providing oil filters for motorcycles and most utility vehicles with our Per-Form Products, we are once again realizing how valuable our distributors are for insuring the success of our new product introductions. Indeed, having someone with the stature of Amsoil distributing our products, speaks volumes about the benefit of doing business with a respected, recognizable company with a great reputation for quality."
About Cycle Country Accessories Corp.
Cycle Country, http://www.cyclecountry.com, with over 50% of the worldwide market in several product categories, is the industry leader in the design, engineering and manufacturing of custom-fitting accessories for the utility all-terrain vehicle (ATV). Since 1981, Cycle Country has developed an extensive line of branded products of snowplows, lawnmowers, spreaders, sprayers, hitches and many other utility equipment items along with recreational accessories. The Company's products custom fit virtually every brand of ATV on the market, which are distributed to most ATV and motorcycle dealers in North America.
Additionally, Cycle Country dominates the worldwide golf car wheel cover market by manufacturing approximately 90% of all wheel covers sold to OEMs globally. Further, the Company sells premium oil filters for motorcycles and ATVs under the brand name Perf-form Products. They also manufacture heavy-duty garden equipment attachments for garden tractors and other utility vehicles under the brand name Weekend Warrior.
For all news releases and the latest corporate filings simply go to the company's website at http://www.cyclecountry.com and click on the Investor Relations heading. Please direct any financial questions to Scott Gibson at Heritage First Capital & Equity Research Group by calling 407.444.5959 or e-mail ATC@heritagefirstcapital.com.
Cycle Country Accessories Corp: 2188 Hwy. 86 Milford, Iowa 51351 800.841.2222.
This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of Cycle Country Accessories Corporation, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by Cycle Country may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "potential," or future/conditional verbs such as "will," "should" and "could."