Summit Coaches, Inc. Interview Featured On The Wall Street Reporter
SANDY, Utah--June 23, 2004--Summit Coaches, Inc. (Pink Sheets:SMCA), is featured on the Wall Street Reporter website at www.WallStreetReporter.com. This website receives 4-6 million viewers each month.In the exclusive audio interview, Darren Kinder, Summit Coaches' CEO, discusses some key strategies for marketing the Stiletto coach. Summit Coaches will take advantage of its unique appeal to the baby boomers, the fastest growing segment of the growing RV market. For 2004 the RV market has been forecast to exceed $12.3 billion.
"The demand is far exceeding the estimated production," said Darren Kinder, CEO.
Other topics covered include the unique features and engineering design that set the Stiletto apart from the competition, and CEO Darren Kinder's background in the industry.
The Wall Street Reporter is an acclaimed weekly news magazine read by more than 80,000 fund managers, analysts, investment bankers, venture capitalists and influential members of the news media around the world.
About the Company
Summit Coaches specializes in manufacturing, marketing and selling upscale and feature oriented Recreational Vehicle (RV) trailers that appeal to the more educated customer with a taste for quality. The Stiletto's distinctive engineering and design sets it apart from other products in the market. The Stiletto's ability to be lowered to ground level, leaving only a 4-inch step or ramp into the trailer makes it more accessible than traditional trailers that have 4 or 5 steps. Once raised to its 18" traveling level the air system greatly increases the suspension, making for a much smoother ride than traditional trailers. With the higher cost of fuel, the aerodynamic design appeals to the cost conscious consumer. The company has the technology, business experience and drive to produce exceptional products and successfully sell to a national market. Nearly 10 percent of individuals over the age of 55 currently own an RV. With the aging of the population, Summit Coaches unique RV products are being introduced to the market at the right time. For more information visit www.summit-coaches.com.
Safe harbor statement under the private Securities Litigation reform Act of 1995
This news release contains forward-looking statements, including statements regarding Summit's expectations about successfully selling its products. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the failure to realize the increased revenues and improved operating margins that the Company has associated with sales of our products, the loss of any key personnel, our inability to introduce new products that are accepted by the market, the loss or non-performance of our sales representatives, unfavorable results of potential litigation, and the possibility that competitors could develop or acquire technology that could erode Summit's technical advantages. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained in this news release.