Wheel Lots Enhances RTO Program with High-Tech Software Systems
LOS ANGELES, June 1 -- Mizati Luxury Alloy Wheels, Inc. (Pink Sheets: MZTI), a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans and light trucks announced today that it will implement industry leading RSSS inventory management and point of sale systems into its Wheel Lots locations.
The company has chosen to use RSSS (Rental & Sales Software Systems) for customer and ventory management as well as point of sale transactions. RSSS provides technology solutions for over 150 companies and is the leading software system used in the RTO Industry. The software will allow Wheel Lots to manage transactions, accounts receivable, purchase orders, inventory management, and integrated accounting on a real-time centralized online database.
CEO Hazel Chu commented, "RSSS will allow us to give our customers the best possible experience at any of our Wheel Lots stores. The system will give us access to customer and product information from any location in real-time. If a customer wants to exchange their current wheels for a new wheel design, we can easily retrieve their account information, find their new wheels, and process the changes. RSSS will make it easier for us to manage our customer data which in turn will build customer confidence and strengthen our ability to personalize each customer's experience. Finally, RSSS will help us gain a better understand of our RTO market and allow us to keep delivering the best product and services to our customer base.
About Mizati Luxury Alloy Wheels, Inc.
Mizati Luxury Alloy Wheels, Inc. ("Mizati") designs, markets and distributes high-quality custom alloy wheels for passenger cars, sport utility vehicles, vans and light trucks. Incorporated in 2001, the company operates from its corporate headquarters in Walnut, California. Mizati currently markets and distributes three separate and unique brands of luxury wheels, "Mizati(R)," "Hero(TM)" and "Zati(TM)," through a network of 300 dealers and distributors. Mizati has achieved an average annual revenue growth rate of 102% for the past three years, and had total revenue of $4,162,754 in 2006.
For more information about Mizati Luxury Alloy Wheels, Inc. , visit the company website at http://www.mizatiwheels.com/.
About RSSS
RSSS was founded in Corpus Christi, Texas in 1984 and provides software to over 150 companies with over 600 stores and home office locations in the United States and Canada. The company was acquired by High Touch, Inc., based in Wichita, Kansas in December of 2002 and operates as a separate division based in Corpus Christi. To learn more about RSSS, visit the company website at http://www.rsss.com/.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward- looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in MZTI Securities and Exchange Commission filings. MZTI undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.