Universal Brake Parts' Emerges As Source For Brake Products
17 April 2000
Universal Brake Parts' Emerges As One-Stop Value Line Source For High Quality Brake ProductsALSIP, Ill., April 14 Recognized as one of the automotive aftermarket's most affordable and reliable suppliers of high quality hydraulic brake rotors, drums and friction, Universal Brake Parts (UBP) has announced the expansion of its hydraulic brake products value line to include: brake master cylinders, clutch master cylinders, and clutch slave cylinders, as well as kits to rebuild clutch master cylinders and clutch slave cylinders. In addition, the company has a full line of wheel cylinders and brake hoses. All UBP hydraulic brake products are new, premium quality parts (as opposed to remanufactured), and competitively priced. By expanding its coverage to include the most popular replacement hydraulic brake system cylinders and hardware, UBP has solidified its position as the industry's premiere one-stop source for all value line brake products needs. Universal Brake Parts customers who order their "hydraulics" from UBP will now be able to combine them with their "iron" and "friction" orders for greater convenience and freight savings. This means that they will be able to carry smaller inventories of these fast moving brake parts, while experiencing greater turns, making it more cost-effective to order from UBP more often than from a hydraulics-only supplier. "The Universal Brake Parts line has grown dramatically over the last five years, enabling us to become the leading value-line manufacturer of brake parts with significant market share in both the rotor & drum and friction categories," stated Arvin Scott, president and CEO of Universal Automotive Industries. "The key to our success has been our commitment to servicing orders at a very high level and doing whatever it takes to ensure customer satisfaction. We have dedicated the same level of resources to servicing our new products, and we anticipate even greater results in the future." This news release contains certain 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, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks, uncertainties (including those risk factors referenced in the Company's filings with the Securities and Exchange Commission), and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, or achievements of the Company expressed or implied by such forward-looking statements.