Rexhall Industries Names Investor Relations Firm
29 June 1999
Rexhall Industries Names Investor Relations FirmLE&A Specializes in Small-Cap Companies, Recreational Vehicle Industry LANCASTER, Calif., June 29 -- Rexhall Industries, Inc. today announced it has retained Grand Rapids, Mich.-based Lambert, Edwards & Associates, Inc. (LE&A) as the Company's investor relations counsel. The Lancaster, Calif.-based manufacturer of recreational vehicles said demand for the Company's products and improving financial performance drove its decision to increase its investor relations efforts. LE&A, which has worked extensively with small-cap companies, including RV suppliers and dealerships, will help Rexhall Industries communicate its performance and growth strategy to shareholders, the investment community and the media. "Rexhall Industries has the management team, competitive product and demonstrated knowledge of the recreational vehicle industry to take full advantage of growing industry demand fueled by favorable economic and demographic conditions," said William J. Rex, Chairman, President & CEO. "As a recognized brand leader in the Class 'A' segment of the market, we are well- positioned. We will look to Lambert, Edwards & Associates to provide strategic I.R. counsel and tactical execution, as we develop and manage contact with the financial community and increase the company's visibility in the marketplace." Rexhall Industries, Inc. (http://www.rexhall.com) designs, manufactures and sells various models of Class A motorhomes used for leisure travel and outdoor activities. Rexhall's six lines of Class A motorhomes, sold through approximately 100 dealer locations across the U.S., Canada and Europe, include Aerbus, RexAir, Vision, American Clipper, Anthem and RoseAir. Lambert, Edwards & Associates, Inc. (LE&A) is a public and investor relations firm that works with publicly traded and closely held companies. LE&A works extensively with small- and mid-sized companies, specializing in the recreational vehicle industry, as well as automotive, consumer products, financial services, healthcare, manufacturing and retail markets. Our expectations are forward-looking statements, based on assumptions and facts known to us today, and we do not intend to update statements in this report. While we have enjoyed good results, our business is both seasonal and cyclical. We are subject to increases in material costs, and pricing and other pressures from substantially larger competitors, labor disruptions, and adverse weather. The reduced production of oil by OPEC members may reduce sales of motorhomes. Management intends to remain aware of these factors and react to them, but cannot predict their timing or significance.