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August 2002

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Thursday, August 15, 2002

Bolt Technology Reports Fiscal Year 2002 Results; Net Income Increases 372% Over Prior Year

Bolt Technology Reports Fiscal Year 2002 Results; Net Income Increases 372% Over Prior Year

NORWALK, Conn.--Aug. 15, 2002--Bolt Technology Corporation (AMEX:BTJ) today announced financial results for the fourth quarter and fiscal year ended June 30, 2002. Fiscal year 2002 sales were $17,991,000 compared to $15,496,000 last year and net income increased 372% to $1,871,000 or $0.35 per diluted share from $396,0 ... Continue reading

CIO Magazine and Supply Chain e-Business Give Top Honors to Nistevo for its Web-Based Transportation Management System

CIO Magazine and Supply Chain e-Business Give Top Honors to Nistevo for its Web-Based Transportation Management System

MINNEAPOLIS--Aug. 15, 2002-- Nistevo Receives CIO-100 Award For Technology and Process Integration; Named to Supply Chain e-Business Top 100 List of Leading Application Vendors Nistevo Corp., the leading Collaborative Logistics Network(SM) for transportation management, announced today that it has been honored with two ... Continue reading

City of Houston Contracts for KleenAir NOx Reduction SCR Technology

City of Houston Contracts for KleenAir NOx Reduction SCR Technology

IRVINE, Calif.--Aug. 15, 2002--KleenAir Systems Inc. (OTC BB:KAIR), an international environmental company dedicated to the development, testing and commercialization of products to help reduce smog and air pollution, today announced that the City of Houston is utilizing KleenAir's proprietary technology on Gradll Dirt ... Continue reading

J.D. Power and Associates Reports: Attractive Financing Options Contribute to Increased Sales Satisfaction and a Drop in Vehicle Leasing

J.D. Power and Associates Reports: Attractive Financing Options Contribute to Increased Sales Satisfaction and a Drop in Vehicle Leasing

WESTLAKE VILLAGE, Calif.--Aug. 15, 2002-- Saturn Ranks Highest in Sales Satisfaction for the Third Consecutive Year Low interest rates and manufacturer-sponsored financing incentives have fueled a jump in the number of consumers who finance their vehicle and raised the overall satisfaction of new-vehicle buyers with th ... Continue reading

Multimedia Available: J.D. Power and Associates Reports: Attractive Financing Options Contribute to Increased Sales Satisfaction And a Drop in Vehicle Leasing

Multimedia Available: J.D. Power and Associates Reports: Attractive Financing Options Contribute to Increased Sales Satisfaction And a Drop in Vehicle Leasing

-- Low interest rates and manufacturer-sponsored financing incentives have fueled a jump in the number of consumers who finance their vehicle and raised the overall satisfaction of new-vehicle buyers with the sales process, according to the J.D. Power and Associates 2002 Sales Satisfaction Index (SSI) Study(sm) release ... Continue reading

New AAA Texas Brochure Explains New Teen Driving Law

New AAA Texas Brochure Explains New Teen Driving Law

HOUSTON--Aug. 15, 2002--Driving to school will no longer be the same for Texas teens. The reason? A new law called - graduated driver's license. On Jan. 1, 2002, a new state law sponsored by AAA Texas changed the way teenagers obtain driving licenses. ... Continue reading

Pep Boys Second Quarter Earnings Up 32%; CEO & CFO Certify SEC Reports & Financial Statements

Pep Boys Second Quarter Earnings Up 32%; CEO & CFO Certify SEC Reports & Financial Statements

PHILADELPHIA--Aug. 15, 2002--The Pep Boys - Manny, Moe & Jack , the nation's leading full-service automotive aftermarket chain, announced a 32% increase in earnings for the thirteen weeks ended August 3, 2002. The Company also announced that its Chief Executive Officer and Chief Financial Officer have complied with the ... Continue reading

REMINDER/Otto the Auto Helps County-Wide Effort to Teach Children About Dangers of Talking to Strangers

REMINDER/Otto the Auto Helps County-Wide Effort to Teach Children About Dangers of Talking to Strangers

--Auto Club WHAT: Otto the Auto, a robotic "talking car" will give safety presentations to Orange County children and parents. Santa Ana Police Department will provide fingerprinting from 10 a.m. until 2 p.m. There will be a parent presentation on how to keep kids safe, as well as a video "Never Say Yes to Strangers," ... Continue reading

Newstream.com Digest: Video Instant Messaging Keeps Families in Touch, The `Ultimate' Matchbox Collectible, and Other Free Multimedia Content for Journalists

Newstream.com Digest: Video Instant Messaging Keeps Families in Touch, The `Ultimate' Matchbox Collectible, and Other Free Multimedia Content for Journalists

NEW YORK--Aug. 15, 2002-- -------------------------------------------------- New England Journal of Medicine Features Reports Using Novartis Drug Gleevec(tm) (imatinib mesylate) in Two Life-Threatening Conditions Treatment with Novartis drug Gleevec(tm) (imatinib mesylate) resulted in a sustained reduction in tumor siz ... Continue reading

Rexhall Industries Requests Extension to File 2nd Qtr 10-Q

Rexhall Industries Requests Extension to File 2nd Qtr 10-Q

LANCASTER, Calif.--Aug. 15, 2002--Rexhall Industries, Inc. announced today that the Company has filed for a 5-day extension for filing its 10-Q for the second quarter of 2002. Additional information should be published on Friday, August 16, 2002. Rexhall Industries, Inc. (www.rexhall.com) designs, manufactures and sell ... Continue reading

Morgan Group, Inc. Announces Restructure Plan and Sale of Manufactured Housing Division

Morgan Group, Inc. Announces Restructure Plan and Sale of Manufactured Housing Division

ELKHART, Ind.--Aug. 15, 2002--The Morgan Group, Inc. (AMEX:MG), today announced a significant Company restructuring designed to bring improvements to the Company's operating profitability and cash flow. Morgan has sold for cash its Manufactured Housing Division to Bennett Truck Transport, L.L.C. effective immediately. ... Continue reading

Review: Jaguar X-Type 2.5 Sedan

Review: Jaguar X-Type 2.5 Sedan

DRIVING DOWN THE ROAD WITH CAREY RUSS Not too many years ago, Jaguar looked to be another venerable marque headed for the history books. Prices escalated, quality control was problematic, and sales slumped. Fortunately, Ford Motor Company stepped in and bought the company, and set about correcting Jaguar's deficiencies ... Continue reading

SAE Receives United Nations Accreditation

SAE Receives United Nations Accreditation

PITTSBURGH, Aug. 15 -- The Society of Automotive Engineers International (SAE) has recently been granted Special Consultative status by the United Nations as a Non Government Organization (NGO) to participate in sessions of its leading council overseeing the development of international vehicle regulations. The designa ... Continue reading

Sallie Mae to Continue Making Loans to UTI Students

Sallie Mae to Continue Making Loans to UTI Students

RESTON, Va., Aug. 15 -- Universal Technical Institute, Inc. (UTI) will expand its exclusive relationship with Sallie Mae, the nation's leading provider of education funding, it was jointly announced today by the two organizations. Sallie Mae will be the principal provider of federally guaranteed student loans at UTI's ... Continue reading

Sirius Satellite/BMW: Service To Be Dealer-Installed Option

Sirius Satellite/BMW: Service To Be Dealer-Installed Option

NEW YORK -Dow Jones reported that BMW of North America LLC will offer Sirius Satellite Radio's service in the BMW Mini, beginning in the fourth quarter. Financial terms of the arrangement weren't available. In a press release Thursday, Sirius said its service will also be available in the BMW 3 Series, 5 Series and X5, ... Continue reading

Pep Boys profit up as car owners make repairs

Pep Boys profit up as car owners make repairs

CHICAGO, Aug 15 Susan Kelly writing for Reuters said that auto parts retailer the Pep Boys - Manny, Moe & Jack on Thursday said its quarterly earnings rose 32 percent on stronger sales of replacement parts and a focus on shaving expenses. Pep Boys shares, which have slumped in recent weeks as the retail sector has come ... Continue reading

Collins & Aikman Corporation Names Kawakami Vice President NAFTA/Asia Business Unit

Collins & Aikman Corporation Names Kawakami Vice President NAFTA/Asia Business Unit

TROY, Mich., Aug. 15 -- Collins & Aikman Corporation announced today the appointment, effective immediately, of Raymond Kawakami as vice president NAFTA/Asia business unit. Kawakami, who will be based at the company's Troy, Mich., headquarters, will report directly to Genichiro Yanagita, vice president and general mana ... Continue reading

ZAP Reports Second Quarter Results

ZAP Reports Second Quarter Results

SEBASTOPOL, Calif., Aug. 15 - Advanced transportation developer ZAP today reported its financial results for the second quarter ended June 30 of fiscal year 2002. ADVERTISEMENT On June 20, 2002, the Company's Plan of Reorganization ("the Plan") was approved by the federal court in Santa Rosa, California allowing ZAP to ... Continue reading

Sirius Satellite Radio Responds to Recent News Coverage - Reuturs Raised Rable

Sirius Satellite Radio Responds to Recent News Coverage - Reuturs Raised Rable

NEW YORK, Aug. 15 Recent news articles, fueled by a misleading report from Reuters, claim that Sirius Satellite Radio could be forced to seek bankruptcy protection if it could not raise new funds by the second quarter of 2003. This statement was taken from a Securities and Exchange Commission (SEC) filing that speculat ... Continue reading

Cummins Westport appoints Ching Gettman as General Manager - Asia

Cummins Westport appoints Ching Gettman as General Manager - Asia

VANCOUVER, Aug. 15 - Cummins Westport Inc., a joint venture of Cummins Inc. and Westport Innovations Inc.of Vancouver, announced today that it has appointed Ching Gettman as General Manager - Asia. Ms. Gettman is currently the Cummins Director of Marketing in Beijing where she leads the company's government relations, ... Continue reading

EPA Selects Sensors, Inc.'s On-Vehicle Emission Analyzers

EPA Selects Sensors, Inc.'s On-Vehicle Emission Analyzers

SALINE, Mich.--Aug. 15, 2002--Sensors, Inc. has been awarded a contract by the U.S. Environmental Protection Agency to supply on-vehicle emissions analysis systems for both diesel and gasoline powered vehicle testing. "This is truly a major milestone for our company," says Sensors, Inc.'s president Andrew Reading, Ph.D ... Continue reading

Mazda Giv-a-ways to Promote Tribute Test Drives

Mazda Giv-a-ways to Promote Tribute Test Drives

SEATTLE--Aug. 15, 2002--For the third time this year, Mazda North American Operations and Doner Advertising have tapped GiftCertificates.com(TM) as an incentive to attract new customers for its latest test drive campaign for the 2002 Mazda Tribute. Car enthusiasts cash in on this latest offer by going to a Mazda dealer ... Continue reading

Cars.com Ranks Highest in Overall Dealer Satisfaction Among Independent Web Sites

Cars.com Ranks Highest in Overall Dealer Satisfaction Among Independent Web Sites

CHICAGO--Aug. 15, 2002-- According to 2002 J.D. Power and Associates Dealer Satisfaction With Online Buying Services Study(SM) J.D. Power and Associates newly-released 2002 Dealer Satisfaction With Online Buying Services Study(SM) reports that cars.com is the leader in dealer satisfaction among independent Web sites. T ... Continue reading

New-Generation Mercedes-Benz CLK Coupes Now On Sale

New-Generation Mercedes-Benz CLK Coupes Now On Sale

MONTVALE, N.J., Aug. 15 -- After five years of unprecedented sales success, the stylish Mercedes-Benz CLK-Class coupes are being replaced this week with two all-new exciting models that raise the design bar yet again. Base price for the V6-powered CLK320 coupe will be $44,565 and the new CLK500 -- using a 5.0-liter V8 ... Continue reading

J.D. Power:Saturn #1, Low Cost Financing Equals Increased Sales Satisfaction and a Drop in Vehicle Leasing

J.D. Power:Saturn #1, Low Cost Financing Equals Increased Sales Satisfaction and a Drop in Vehicle Leasing

WESTLAKE VILLAGE, Calif.--Aug. 15, 2002-- Saturn Ranks Highest in Sales Satisfaction for the Third Consecutive Year Low interest rates and manufacturer-sponsored financing incentives have fueled a jump in the number of consumers who finance their vehicle and raised the overall satisfaction of new-vehicle buyers with th ... Continue reading

GM Redesigns 20 Models For 2003

GM Redesigns 20 Models For 2003

For 2003, the GM North America story is product. "Strength in product is driving our market-share gains," said Gary L. Cowger, president of GM North America. "But it's just the beginning. With 20 new or significantly upgraded passenger vehicles for the 2003 model year, we plan to continue building on our momentum," sai ... Continue reading

China Private Carmaker Geely Plans Listings

China Private Carmaker Geely Plans Listings

NINGBO, China, Aug 15 Tiffany Wu writing for Reuters reported that China Geely Group, the country's only private car producer, said on Thursday it plans to list on overseas and domestic share markets within two years to raise up to $120 million to fund an expansion plan. As foreign car producers carve deeper inroads in ... Continue reading

Isuzu lifeline seen only as short-term solution

Isuzu lifeline seen only as short-term solution

TOKYO, Aug 15 Edwina Gibbs writing for Reuters submitted this report. "General Motors Corp may have changed its mind and extended Japanese affiliate Isuzu Motors Ltd (Tokyo:7202.T - News) a much needed lifeline, but the move is seen as only a temporary salve for a company facing a hard road to recovery. In a sharp turn ... Continue reading

Volkswagen To Launch New Models

Volkswagen To Launch New Models

WOLFSBURG, Germany -Dow Jones reported that Volkswagen AG said Thursday that it will launch its new van, named Touran, in the first quarter of 2003, later than many expected. It marks the next step in a strategy to expand its model lineup and cover more market segments. The new Touran will be smaller than the Sharan, t ... Continue reading

New AAA Texas Brochure Explains New Teen Driving Law

New AAA Texas Brochure Explains New Teen Driving Law

HOUSTON--Aug. 15, 2002--Driving to school will no longer be the same for Texas teens. The reason? A new law called - graduated driver's license. On Jan. 1, 2002, a new state law sponsored by AAA Texas changed the way teenagers obtain driving licenses. ... Continue reading

Corvette Racer to Be Auctioned at Monterey Historics

Corvette Racer to Be Auctioned at Monterey Historics

MONTEREY, Calif., July 30, 2002 - General Motors is providing the opportunity of a lifetime to car collectors when it makes, for the first time ever, a factory Corvette C5-R racecar available for auction as part of the 29th annual Monterey Historic Automobile Races at Laguna Seca Raceway. The Corvette has won races all ... Continue reading

Interactive Motorsports & Entertainment Corporation Acquires Perfect Line, Inc., Creating A New Public Company In Motorsports

Interactive Motorsports & Entertainment Corporation Acquires Perfect Line, Inc., Creating A New Public Company In Motorsports

INDIANAPOLIS--Aug. 14, 2002--Interactive Motorsports & Entertainment Corporation (OTCBB:IMTS - News) today announced that it has acquired Perfect Line, Inc., now a wholly-owned subsidiary which owns and operates the unique NASCAR Silicon Motor Speedway mall-based racing centers. The NASCAR Silicon Motor Speedway center ... Continue reading

Star Racing Pre Brainerd Report in text format

Star Racing Pre Brainerd Report in text format

Attached please find in text format, the Star Racing Pre Brainerd Report sent previously. Should you have any questions, please feel free to contact me. ... Continue reading

NHRA Pre-Race: Former Timberwolf uses NBA Experience to Deal with New Career

NHRA Pre-Race: Former Timberwolf uses NBA Experience to Deal with New Career

(Note: The following is attached in text format for your convenience.) Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 J2Racing@aol.com FORMER TIMBERWOLF USES NBA EXPERIENCE TO DEAL WITH NEW CAREER Tom Hammonds returns to Minnesota as full-time driver of the Winnebago/GM Vehicle Care Cavalier Crestview ... Continue reading

Angelle & Star Racing set sights on banishing Brainerd demons

Angelle & Star Racing set sights on banishing Brainerd demons

Star Racing Report Contact: Jon Knapp (704) 662-3121 J2Racing@aol.com Event: 21st Annual Rugged Liner NHRA Nationals Location: Brainerd International Raceway, Brainerd, MN Date: August 16-18, 2002 Angelle Savoie Star Racing Suzuki Pro Stock Motorcycle 2000 & 2001 Pro Stock Motorcycle Champion 1. Angelle & Star Racing w ... Continue reading

Corvette History: A Look at the Talent and Personalities That Brought Corvette to Life

Corvette History: A Look at the Talent and Personalities That Brought Corvette to Life

Over the last half-century, thousands of gifted, intelligent men and women have contributed to the Corvette legacy. Any attempt to whittle the list down to a dozen or so Corvette "people" is a daunting effort at best, sure to offend those who aren't included. At Corvette's roots are the legendary GM designers and execu ... Continue reading

Honda says little increase in new Accord prices

Honda says little increase in new Accord prices

DETROIT, Aug 14 Reuters reported that prices on Honda Motor Co.'s top-selling Accord cars will increase less than 2 percent, or roughly $500, for the 2003 models even as the company adds new equipment, Honda executives said on Wednesday. Tom Elliott, Honda's executive vice president of North American auto operations, s ... Continue reading

Corvette, The American Icon, Inspires Passion and Loyalty for Half a Century

Corvette, The American Icon, Inspires Passion and Loyalty for Half a Century

It's been said that the ability to inspire passion is the single most significant measure of a vehicle's success. If that's true, then Corvette surely is one of the most successful cars ever. Relatively low volume aside, it remains an icon after 50 years. Uniquely American, it's a symbol of independence, exuberance and ... Continue reading

Advance Auto Parts Earnings Per Share Increased 57% to $0.77

Advance Auto Parts Earnings Per Share Increased 57% to $0.77

ROANOKE, Va., Aug. 14 Advance Auto Parts, Inc. today announced it achieved an increase of 57.1% in earnings per diluted share to $0.77 for the second quarter ended July 13, 2002, before integration expenses and the extraordinary item, compared to $0.49 for the same quarter last year. Including integration expenses, ear ... Continue reading

Creative, Groundbreaking Design Has Long Been a Hallmark of Corvette Success

Creative, Groundbreaking Design Has Long Been a Hallmark of Corvette Success

MONTEREY, CALIF. - The Corvette always has been a design trendsetter. No matter which generation, its bold, curvaceous shape is uniquely, unmistakably Corvette, never to be confused with another. The long flowing lines, voluptuous, round fenders, quad taillights and the once-maligned split window are but some of Corvet ... Continue reading

Corvette Racing Milestones: Cars That Made the Marque

Corvette Racing Milestones: Cars That Made the Marque

MONTEREY, Calif., Aug. 16, 2002 - Motorsports has played a key role in defining Corvette as America's performance icon. When legendary racer/engineer Zora Arkus-Duntov mapped out his strategy to put Corvette in the racing spotlight, he launched Corvette on a motorsports odyssey that has taken the marque to racetracks a ... Continue reading

GM to give away thousands of electric vehicles

GM to give away thousands of electric vehicles

SANTA BARBARA, Calif., Aug 14 Reuters is reporting that General Motors Corp. will give away thousands of golf cart-like electric vehicles to comply with California regulations forcing automakers to sell pollution-free vehicles, GM officials said on Wednesday. Over the next three years, GM will give the vehicles to Cali ... Continue reading

Corvette Technology: The Right Stuff for Racing

Corvette Technology: The Right Stuff for Racing

MONTEREY, Calif. As America's premier sports car, Corvette has been a launching pad for new technology for nearly 50 years. Many of the technical features that enhanced performance and enriched the driving experience first appeared in Chevrolet's two-seat flagship. The catalog of Corvette advancements within the Chevro ... Continue reading

HMS Race on Saturday, August 17th (I1)

HMS Race on Saturday, August 17th (I1)

Contact: Todd Fisher (843) 784-RACE For Immediate Release Big Kahuna Street Car Showdown II at the Hardeeville Motor Speedway on Saturday HARDEEVILLE, S.C. (August 14, 2002) - On Saturday night, August 17th, the Hardeeville Motor Speedway will host its 2nd annual Big Kahuna Street Car Showdown paying $200.00 to the win ... Continue reading

Ugly Duckling Reports Second Quarter 2002 Results

Ugly Duckling Reports Second Quarter 2002 Results

PHOENIX--Aug. 14, 2002--Ugly Duckling Corporation, the largest used car sales company focused exclusively on the sub-prime market, today reported its second quarter financial results for 2002. The Company reported total revenues of $156.0 million and net earnings of $2.1 million for the three months ended June 30, 2002 ... Continue reading

CASCAR stars in Hooters Pro Cup race

CASCAR stars in Hooters Pro Cup race

CASCAR stars to compete in Hooters Cup race at Cayuga Speedway Marketing Inc. has announced that defending national CASCAR champion and current points leader Don Thomson Jr, will be attending the August 24th USAR Hooters Pro Cup Series race at Cayuga Speedway August 24th. "Donnie will drive the #16 Ford for series' car ... Continue reading

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