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VOLUME
04: ISSUE 51
Feature:
Xtreme - Jets into Retail market.
Well
known for its state of the art fire/rescue/patrol watercraft sales and
marketing focus in the fire, police and national defense sectors, Xtreme
(OTCBB: XTME)
today announced (release below) the company's initial sale into
the retail market.
As a unique offering for waterfront
homes and communities, this sale of an FRJ 1250 Jet Boat opens a significant
new potential revenue stream for Xtreme. The company also announced that
it is in discussions with national distributors who see the value of Xtreme's
watercraft and are interested in carrying its products.
Given
the small footprint and shallow draft (10 inches) of Xtreme's boats, these
extremely powerful and nimble craft can be easily trailored to a location
or land launched by one or two people.
Not a heavy trader--yet--we firmly
believe that future sales both in its traditional markets as noted above
and now the retail market bodes well for this small company over the next
6-12 months.
We suggest that for those investors
who can see--as we do--the potential of this type of specialty product, coupled
with its modest cost and the ability to order them in many customized forms,
accumulation of the shares at this level is warranted.
For those investors who want more
background on the company, I suggest you review our February Trading
Alert as well as our most recent article on June
14th.
The fact that Xtreme quarterbacked
over 40 applications for fire/rescue departments puts them in great position
to receive orders once these requests are funded through the $750 million
earmarked within the Assistance to Firefighters Grant Program (AFGP). The
potential sales from these applications are myriad, as, obviously, some
larger departments will undoubtedly want multiple craft.
As well, Xtreme's foray into the
retail market should also pay dividends. Although it's early days, the
company--and shareholders--should be excited about opening up that significant
growth market.
The world isn't getting any safer
and companies such as Xtreme have the right products at the right time
not only to respond quickly to security issues, but, more importantly,
to save lives.
As the market realizes this, soon,
we believe that the rising tide will lift companies such as Xtreme; especially
to the advantage of those early investors who can already see those benefits.
PRESS RELEASE
Xtreme Companies Announces First
Ever Fire -Rescue Jet Boat Sale To Retail Market
Stanton, CA -- June 28/
PR Newswire / Xtreme Companies, Inc. (OTC
Bulletin Board: XTME - News) today announced its first ever sale of
the FRJ-1250 Fire -Rescue Jet Boat to a retail customer with waterfront
property.
Xtreme Companies CEO
Kevin Ryan stated, "Although the exact size and scope of the waterfront
residential community market is difficult to ascertain, it is of a large
enough magnitude for us to justify dedicating marketing resources to. We
see the direct to retail market as a substantial opportunity for Xtreme
as homeowners within these waterfront communities recognize the need for
a rapid response emergency vessel." He added, "Additionally, we are excited
regarding the discussions we have had with distributors nationwide who
have expressed interest in carrying our lines."
About Xtreme Companies,
Inc.
Xtreme Companies, Inc.
is engaged in manufacturing and marketing of mission-specific fire and
rescue boats used in emergency, surveillance and defense deployments. The
boats have been marketed and sold directly to fire and police departments,
the U.S. Military and coastal port authorities throughout the United States.
For additional information about Xtreme Companies, Inc. please visit www.xtremecos.com.
The Company's public financial information and filings can be viewed at
www.sec.gov.
Forward Looking Statements
This release contains
forward-looking statements, including, without limitation, statements concerning
our business and possible or assumed future results of operations. Our
actual results could differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a going
concern, adverse economic changes affecting markets we serve; competition
in our markets and industry segments; our timing and the profitability
of entering new markets; greater than expected
costs, customer acceptance of our products or difficulties related to our
integration of the businesses we may acquire; and other risks
and uncertainties as may be detailed from time to time in our public
announcements and SEC filings. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they relate
only to events as of the date on which the statements are made, and our
future results, levels of activity, performance or achievements may not
meet these expectations. We do not intend
to update any of the forward-looking statements after the date of
this document to conform these statements to actual results or
to changes in our expectations, except as
required by law.
Contact: Michael Novielli
- Chairman
ph (203) 791-3838
mnovielli@xtremecos.com
Source: Xtreme Companies,
Inc.
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