Wheel Lots Chooses Hunter Equipment for RTO Stores
LOS ANGELES, June 6 -- Mizati Luxury Alloy Wheels, Inc. (Other OTC: MZTI), a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans and light trucks announced that it has chosen to use Hunter Equipment in its Wheel Lots stores.
Hunter Engineering Company is a leading designer and manufacturer of computer-based wheel alignment systems, lift racks, wheel balancers, tire changers, and brake lathes. "Hunter has been an innovator in this industry for over 50 years. Daimler Chrysler, Ford, GM and Volkswagen all use Hunter equipment for their testing and training facilities. "By choosing the very best equipment for our technicians to work with in our new stores, we can assure quality work and provide the best service for our customers", commented CEO Hazel Chu.
The company expects its first Wheel Lots store located in Rancho Cucamonga, California to open by the end of June. Also, its estimated that between two and four new Wheel Lots stores could be open by the end of the year.
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/.
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About Hunter Engineering Company
Hunter is a primary supplier in major car and truck manufacturer dealership equipment programs and is the recipient of many OEM supplier awards. It has been chosen for use at OEM production, research, testing and training facilities including: DaimlerChrysler's Chelsea Proving Grounds; Ford's Experimental Vehicles Building, General Motors' Milford Proving Grounds; and VW/Audi's Auburn Hills headquarters. Hunter heavy-duty brake testing equipment is the choice of the U.S. Army Logistics Command. To learn more about Hunter Engineering, visit the company website at: http://www.hunter.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.