MotorVac Awarded Government GSA Contract
21 July 1999
MotorVac Awarded Government GSA Contract
SANTA ANA, Calif.--July 20, 1999--Focus: The General Services Administration grants MotorVac a five-year contract and authorization to make its core products available to all state and federal agencies via the Internet.
MotorVac Technologies Inc. Tuesday announced that it has been awarded a General Services Administration (GSA) contract with the U.S. Government.
The contract gives MotorVac approval to supply service equipment to all federal and state maintenance facilities around the world in response to their individual needs.
"This is an exciting opportunity to present our products to U.S. Government procurement agencies," said Lee W. Melody, president and CEO of MotorVac. "Through the new GSA Advantage(TM) database system, agencies will have a direct connection to the information contained on our Web site."
MotorVac is currently developing a special Web section designed exclusively for GSA products and services. This section will feature products offered via the GSA Advantage(TM) program: MotorVac CarbonClean, the gasoline fuel system service; Industrial Diesel Tune, its diesel equivalent, and MotorVac's proprietary fuel system detergents. The company will also showcase its TRANSTECH II automatic transmission fluid exchanger on the GSA Advantage(TM) system.
MotorVac Awarded GSA contract...
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.
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.