Titan Motorcycles Featured in Industry Week Magazine
21 October 1999Titan Motorcycles Featured in Industry Week Magazine
PHOENIX, Oct. 21,1999. The October 11, 1999 issue of Industry Week -- Growing Companies sports Patrick Keery, president of Titan Motorcycle Co. , on its cover. The publication cites Titan Motorcycle as one of IW's "Growing Companies" and Patrick as a nontraditional company president. The article, entitled "Wheels of Fortune: Patrick Keery turns a passion for bikes into fast-growing Titan Motorcycle Co.," can also be read on the Internet at http://www.industryweek.com. The article acknowledges Patrick's motorcycle knowledge combined with Frank Keery's business acumen as the reason for the success of the company, whose sales climbed nearly $28 million in three years and are expected to reach $40 million in 1999. The company manufactures high-quality bikes that have twice the horsepower and power-to-weight ratio of a production line Harley-Davidson, but weigh 15 to 20 percent less. Charles Brady, vice president, Credit Lyonnais Securities, New York, is quoted throughout the article. He says that the recently released Phoenix line of bikes has generated more than 600 orders in the first 11 weeks, having been enthusiastically received among customers and an international network of nearly 90 dealers. Brady notes his belief that Titan's stock, currently trading in the $3.00 range, has excellent potential. We are very pleased about the article, said Patrick Keery. "Titan has an exciting story that we love to tell. The writer really understood what makes a Titan unique in the V-twin category, and how committed the company is to making its mark in the industry." NOTE: Any statements released by Titan Motorcycle Co. of America that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risks and uncertainties that may affect the company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements and/or in the company's filings with the Securities and Exchange Commission.