LOS ANGELES, Sept. 18, 2007 (PRIME NEWSWIRE) -- Mizati Luxury Alloy Wheels, Inc. (Pink Sheets:MZTI), a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans, and light trucks, talks about its bright future and the upcoming 2007 SEMA show.
The 2007 SEMA (Specialty Equipment Market Association) show is just around the corner, and according to SEMA's September 13, 2007 newsletter, wheels and tires are ranked in the top two areas that interest buyers, not only in the United States, but also internationally. According to the newsletter, "The number of international buyers for the 2007 SEMA show is off to a record-breaking start; 18% of registered buyers are coming from outside the United States, and almost one out of five buyers is an international buyer."
"We are excited to hear this news, and since Mizati went public this March, we have been through many changes; our sales team, marketing strategies, and target market, both domestic and international, have seen transformations. This year at the SEMA show, Mizati will exhibit a completed makeover, as we have been through a year of transition and preparation. All the changes are going to push Mizati to a higher level," said Hazel Chu, CEO of Mizati. "Mizati has started focusing on its international sales, and in 2008, a special dedicated team will be on a mission to draw a larger scale on the world map," Chu announced. "The wheels and tires segment will increase to 11 billion dollars according to SEMA's 2006 forecast, and we can see this trend already. The demographic profile of our market has increased and includes not only eighteen to thirty-five year old males, but also females. With all this encouraging news, we know that in 2008 Mizati will be in the forefront," Chu added.
Mizati has doubled its booth space for this year's SEMA show, with carefully selected show booth layout and a surprising add on. Mizati is going to unveil to the industry a refreshing new look. "One of the added benefits of the SEMA show is that it is open to the public on the last day. I hope that our shareholders and potential investors can come and visit us on November 2nd. Please feel free to contact our Investor Relations department for more details," Chu said.
About Mizati Luxury Alloy Wheels, Inc.
Mizati Luxury Alloy Wheels, Inc. ("Mizati") designs, markets, and distributes high- quality custom alloy wheels for passenger cars, sport utility vehicles, vans, and light trucks. Incorporated in 2001, the Company operates from its corporate headquarters in Walnut, California. Mizati currently markets and distributes three separate and unique brands of luxury wheels, "Mizati(r)," "Hero (tm)", and "Zati(tm)", through a network of 425 dealers and distributors. Mizati has achieved an average annual revenue growth rate of 102% for the past three years.
For more information about Mizati Luxury Alloy Wheels, Inc. (Pink Sheets:MZTI), visit the Company Web site at http://www.mizatiwheels.com.
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"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in MZTI Securities and Exchange Commission filings. MZTI undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.