MotorVac Announces New Distribution Agreements
17 June 1998
MOTORVAC EXPANDS INDUSTRIAL DIESEL TUNE DISTRIBUTION FOR IMMEDIATE RELEASE Santa Ana, CA-June 11, 1998--Hot on the heels of its agreement with Cummins Northern Illinois, Inc. late last year, MotorVac Technologies, Inc. today announced new distribution agreements with two more independent Cummins distributorships--Cummins West, Inc. of San Leandro, CA, and Cummins Mid-South, Inc. of Memphis, TN. These agreements will significantly increase MotorVac's growth into the diesel engine service market with its Industrial Diesel Tune (IDT) system consisting of machines and proprietary cleaning detergents. The increased distribution will expand the company's penetration into Central and Northern California, Nevada, Arkansas, Louisiana, Mississippi and western parts of Tennessee. In addition to distributing MotorVac products to their fleet customers, both companies will use IDT systems in their service facilities and mobile repair trucks. "We are very pleased with our continued expansion with independent Cummins Engine distributors," Lee Melody, President and Chief Executive Officer of MotorVac said. "Our MotorVac de-carbonization technology is perfect for use on the high quality diesel engines that they service. It will provide their customers with extended engine life, restored peak performance, fuel savings, and significant reduction in harmful emissions. Both distributors have placed initial stocking orders with MotorVac for both equipment and detergents." MotorVac(r) Technologies, Inc., provides innovative solutions for cleaning internal combustion engines from intake to exhaust. The company's MotorVac(r) Carbon Clean System and Industrial Diesel Tune System are used to diagnose, maintain and repair internal combustion engine fuel systems, primarily for the automotive and truck repair and service industry. They are comprised of a fuel system cleaning machine and a unique cleaning detergent. They have been proven, in independent studies conducted by a laboratory certified by the U.S. EPA and California Air Resources Board, to reduce emissions, restore fuel economy and enhance vehicle performance. The company's TRANSTECH(tm) Transmission Service System provides shop owners with a safer, faster and more profitable method of replacing used automatic transmission fluid. The system's unique "filter replacement" feature allows for safer replacement of the transmission filter, providing shops with the ability to offer a vehicle manufacturer recommended service. MotorVac(r)'s products are distributed in more than 60 countries worldwide. For further information, visit MotorVac(r)'s home page at www.motorvac.com. # # # This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends that such statements shall be protected by the safe harbor provided for in such sections. In particular, statements regarding future results are subject to the risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in future operating results due to a number of economic, competitive, governmental and technological factors, including, among other things, changes in laws, the size and timing of customer orders, new or increased competition, unexpected increases in expenses, delays in acceptance of new products, product returns, seasonality in product purchases by distributors and end users, and pricing trends in the automotive after-market industry in general and in specific markets in which the Company is active. Any of these factors, or others, could cause operating results to vary significantly from prior periods and those projected in the forward-looking statements. Additional information with respect to these and other factors which could materially affect the Company and its operations is included in the Company's filings with the Securities and Exchange Commission, including its Annual Report or Form 10-KSB for the year ended December 31, 1997 and any subsequent filings.