Treasury International Inc. Introduces the Matrix SS Coupe
LIBBY, Mont., March 8 -- Treasury International, Inc. (BULLETIN BOARD: TRUY) (Treasury) announces Matrix Motor Company, Inc. is introducing its race inspired street vehicle the Matrix SS Coupe. Treasury announces it has entered into a definitive agreement to acquire up to 100% of the outstanding capital stock of Matrix Motor Company, Inc. (Matrix). The Matrix SS Coupe is a very high-powered super-sport passenger car. The Matrix SS will be 100% designed and built in the USA with Matrix's proprietary components. The high performance sports car will be priced in the exclusive $175,000 and up range. The car will be marketed through selected motorcar dealers throughout the United States and Europe. The Matrix SS coupe will have an estimated 600 horsepower engine. Click to view an image of the Matrix SS Coupe. http://www.matrixmotorco.com/matrixbrochure.htm
The engineering for the Matrix SS Coupe body has revolved around the integration of an extruded aluminum chassis coupled with a full tubular roll cage to provide increased safety for the occupants and maintain a ridged, lightweight base for the car. The design of the Matrix SS Coupe body required specifications that would maintain the desired look of the car without compromising its strength and integrity. The use of an all-new composite material, lightweight metals and carbon fiber allows for one of the safest yet lightweight cars available for the street.
Borrowing from the company's racing experience, the Matrix SS Coupe will utilize advanced suspension, aerodynamics and brake systems enhanced for street performance. The suspension will incorporate an upper and lower wishbone design with a pushrod activation system to provide better "corner balance" for the vehicle. Wind tunnel testing is being applied to reduce co-efficient of drag and fine tune body design. The Matrix SS coupe will be fitted with oversize, slotted brake rotors and an advanced brake caliper design that has been proven at test facilities to add greatly to the stopping power of the car.
Matrix Motor Company Inc. was founded in 1995 in the State of California and is presently headquartered in Ridgecrest, California. The business operates a manufacturing and sales facility of race cars and parts, composites and high performance automotive electronics that are marketed under the brand name of Matrix(TM). During the past 8+ years, Matrix Motor Company has been involved in building and racing high performance racecars and the production of vehicle and accessories prototypes such as, brake calipers, uniquely designed wheels and electronics.
Treasury's operations include RaceawayHospitality Inc., a wholly owned subsidiary. RaceawayHospitality Inc. provides travel packages and hospitality services surrounding major sporting events throughout the United States. Most of these packages are centered on the growing motor sports industry. See Treasury's website at http://www.treasuryinternational.us/ for more complete information on the Company and its operating subsidiaries.
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Certain statements contained herein may be forward-looking in nature and are therefore subject to risks and uncertainties that could cause actual results to differ materially. The Company's recent acquisition history, progress toward completing the integration of its acquisitions, history of operating losses, current expense levels compared with its sales, and the state of development of its product portfolio, coupled with the overall economic and competitive operating environments pose a number of risks investors should take into consideration in connection with assessing our financial and operating results. A more detailed discussion of these and other important risk factors can be found in the documents filed with the Securities and Exchange Commission on forms 10-KSB and 10-QSB.