IRVINE, Calif., Nov. 29, 2004 (PRIMEZONE) -- MotivNation, Inc. (OTCBB:MOVN) an Orange County, California-based provider and manufacturer of "tools and toys for the automotive enthusiast," announced today that MotivNation's wholly owned subsidiary TrixMotive has received a contract for the design, development and initial prototyping modifications for China.
TrixMotive will provide component engineering in producing components and subsystems with the right Noise, Vibration, and Harshness characteristics support for this contract. This major development contract in China is the result of TrixMotive's active strategy to expand its engineering expertise in China's fast growing automotive market. TrixMotive will work with the Chinese engineers to optimize the logistics of these vehicles, based on a Ford Turbo GL Transit Van.
Jay Isco, President of TrixMotive, Inc., said, "We are pleased to work with and support an important program in China. TrixMotive has built up extensive expertise by participating in co-development projects with several world-leading automotive OEMs."
Dave McPhail, Vice President of Engineering, stated, "One of the most important keys to our success today is innovation. Our team is ready to work with turnaround prototype or design concepts in a timely manner in China's emerging automotive market."
George R. Lefevre of NeoTactix, MotivNation's advisor stated, "This contract demonstrates the broad spectrum for the custom automotive market. This new contract to provide prototyping modifications vehicle program in China demonstrates the diversity in our capabilities and the variety of our product offerings."
About MotivNation:
Based in Irvine, California, MotivNation is aggressively positioned in the custom automotive and motorcycle enthusiast market. The foundation for the business is the platform custom operation of Damon's Motorcycle Creations. Based in Southern California, Damon's has gained national acclaim in the custom automotive and custom motorcycle community as a noted "master builder to the master builders." MotivNation's target clients are in two categories: the individual custom automotive enthusiast or collectors of the "one-of-a-kind" custom motorcycle and auto creations. The second and primary market are the local fabrication and custom shops who buy materials and supplies for their work in serving a growing market appetite for custom or modified automobile or motorcycles creations of their own.
For more information on MotivNation, Inc. visit the company's Web site at http://www.MotivNation.com or phone them at (888) 798-9200, or contact George R. Lefevre of NeoTactix at (949) 888-8060. The Company's corporate offices are located in Southern California at 18101 Von Karman Avenue, Suite 330, Irvine, California 92612.
Safe Harbor Statement: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements in this release, which relate to the Company's plans and strategies, as well as management's expectations about new and existing products and services, acquisitions and opportunities, market growth, demand for acceptance of new and existing products and services, are forward-looking statements. In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors. The Company undertakes no obligations to publicly update or revise such statements. For more details, please refer to the Company's Securities and Exchange Commission filings.