Snap-on to Debut Advanced Transmission Fluid Exchanger in 1999
7 January 1999
Snap-on to Debut Advanced Transmission Fluid Exchanger in 1999
SANTA ANA, Calif.--Jan. 4, 1999--MotorVac Technologies Inc. Monday announced that Snap-on Diagnostics will distribute MotorVac's new electronic automatic transmission fluid exchanger through its network of technical representatives.
The machine, known as the TRANSTECH(R) II ATF Exchanger, will be available in early 1999.
"The TRANSTECH(R) II is the result of the knowledge we've gained and the success we've achieved with our first ATF exchanger, the TRANSTECH(R)," said Lee Melody, president and chief executive officer of MotorVac. "TRANSTECH(R) II is a fully automatic exchanger that will enable auto repair centers to service transmissions more efficiently than ever before."
In addition to features on the original model, TRANSTECH(R) II has a "one touch" electronic interface, dual tanks for environmentally-safe fluid exchange and sensors that notify technicians when a service is complete. "The best thing about TRANSTECH(R) II is the one-to-one exchange capability," said Melody. "It's a feature that actually gauges the amount of fluid to exchange
-- with just a push of the button."
The TRANSTECH(R) II (patent pending) also has an on-board pump system that speeds up service; during development tests, it was able to exchange virtually 100 percent of used fluid with new in approximately 15 minutes.
Snap-on's agreement to distribute the TRANSTECH(R) II is the latest in a continuing relationship between the world's leading supplier of automotive diagnostic and repair equipment and the California-based technology company. "The relationship we've forged with Snap-on started with our MotorVac CarbonClean machines and has grown to include the TRANSTECH and now the TRANSTECH II(R)," said Melody.
"As a team, I look forward to introducing the TRANSTECH(R) II to the automotive industry. We believe that it's the most user-friendly exchanger ever made."
MotorVac Technologies designs, develops, assembles and markets unique technological solutions for the service and repair of automotive fluid systems. Product lines include specialty chemicals and shop equipment for servicing fuel systems and transmission systems. MotorVac's products are distributed to service shops, fleets and government agencies in more than 70 countries worldwide.
For additional information, visit MotorVac's Web site at www.motorvac.com.
Snap-on Diagnostics is an operating unit of Snap-on Inc. . Snap-on Inc. is a $1.7 billion leading global developer, manufacturer, and distributor of tool and equipment solutions for professional technicians, motor service shop owners, specialty repair centers, original equipment manufacturers, and industrial tool users worldwide. Product line includes hand and power tools, diagnostics and shop equipment, tool storage products, diagnostics software, and other solutions for the automotive service industry.
This news 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 Dec. 31, 1997 and any subsequent filings.
Download images to go with this news release: www.motorvac.com/primage.html.
To download this text file, go to: www.motorvac.com/pr.html.