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Precision Auto Care Driving Into Singapore

18 December 1997

Precision Auto Care Driving Into Singapore

    LEESBURG, Va., Dec. 18 -- Precision Auto Care, Inc.
has awarded franchise lights to Klondike, Ltd., marking the company's
entry into Singapore, it was reported by Jay Ripley, president and CEO of
North America's leading franchiser of auto care centers.
    Klondike, Ltd., newly formed by a group of Singapore investors active in
real estate, investment banking, auto repair and other endeavors, will launch
the first of its seven Precision Tune Auto Care (PTAC) centers during the
first quarter of 1998, according to operating partner Ho Schwen.  The first
unit, a scheduled conversion of an existing auto repair facility, is scheduled
to open in March 1998.  Over the next five veers, other centers are expected
to be developed in strategic locations around Singapore convenient to
motorists.
    "This positions us for further expansion in Southeast Asia," said Ripley,
who noted the company's operations in Taiwan.  "Our new master franchisor in
Singapore will have our support and counsel every step of the way," stressed
Nick Nicolai, senior vice president for franchise development of the Leesburg,
Va.-based franchisor.  "That includes everything from operations to on-going
marketing assistance."
    It also includes the company's unparalleled technical training.  In fact,
PTAC sent its expert trainers overseas to provide Klondike's automotive
technicians with five weeks of intensive, all-encompassing instruction in auto
diagnostics, maintenance and repair.  "The advanced technical training covered
diagnosis, repair, component replacement and maintenance of all
performance-related systems, including complete brake service and oil
changes," added Nicolai, who said management of the newly-formed Singapore
company "recently underwent 3 weeks of training at out headquarters near
Washington, D.C."
    Precision Auto Care, on a combined pro-forma basis, has 625 units, and
achieved pro-forma sales of $217 million for the fiscal year ended June 30,
1997.  The core brand, Precision Tune Auto Care, has more than 550 franchised
auto care centers operating in the United States, Mexico, Canada, Taiwan,
Puerto Rico, and the Bahamas.  New centers are scheduled to open soon in
Brazil, Oman and Jamaica.  Established in 1975, PTAC provides the driving
public with convenient and professional services including expert diagnosis,
repair, complete fluid maintenance services, cooling system service, air
conditioning service, brake service, emissions system service, ignition
starting/charging service, and maintenance of all systems related to engine
performance.  Each center is staffed with trained technicians using state-of-
the-art diagnostic equipment.

SOURCE  Precision Auto Care, Inc.