SAN CLEMENTE, Calif., Feb. 27, 2006 (PRIMEZONE) -- Patriot Motor Corporation (Pink Sheets:PMCY), parent company of Patriot Motorcycle Corporation, today announced its successful entry into the rapidly growing V-Twin motorcycle market.
With high-profile visibility at two of the industry's biggest and most important events, dealers and distributors from around the world got their first glimpse of the newly formed Patriot Street Bike Division products that include both the original Steed(R) by Patriot(TM) custom 300 series -- by famed bike designer/builder John Covington -- and the new groundbreaking, affordable Patriot(TM) V-Twin 200 series model, officially unveiled and introduced at the 6th Annual V-Twin Dealer Expo (February 4-6, Cincinnati, OH) and "DealerNews" Dealer Expo 2006 (February 18-20, Indianapolis, IN).
"We expected a high degree of interest and a strong reception generally," notes Jim White, Vice President of Sales and Marketing, "but dealer response was tremendous...in every respect...resulting in over a half-million dollars of initial sales in bikes alone and numerous dealers expressing interest in adding Patriot street bikes to their existing lines, as well as placing many additional orders in the immediate future."
Patriot product introductions included rolling-out a new worldwide exclusive. A high-tech branded "Tire Sealant" for motorcycles and ATV's that prevents flat tires from ever happening. A dramatic exhibit demonstration featured a pneumatic tire pre-treated with the new sealant, that attendees punctured over 5,000 times -- and that instantly "self-sealed" every time with no loss of air. Patriot(TM) brand Tire Sealant is being added to the company's existing line of branded lubricants, additives and accessories and dealer interest, supported with initial orders, indicates a mutually anticipated broad usage by consumers.
Patriot Productions also filmed the action and excitement at both shows for the company's nationally syndicated weekly motor sports action television show -- "Steel Dreams." Highlights of the V-Twin Expo aired nationally on Saturday, February 25th and Dealer Expo 2006 is being edited for broadcast in the very near future.
"Our debut at the two largest and most important shows for the motorcycle industry far exceeded our expectations," adds Mark Green, Chief Brand Officer for Patriot Motor Corporation. "The Patriot brand is becoming a powerful entity in the international motorcycle community...and we couldn't be more pleased."
About Patriot Motor Corporation
Patriot Motor Corporation (PMCY) is the parent company of Patriot Motorcycle Corporation -- exclusive distributor of the Patriot OffRoad (TM) line of dirt bike motorcycles and All-Terrain Vehicles (ATVs) and a line of domestic V-Twin custom and production street bikes branded under the names Steed(R) by Patriot(TM) 300 Series and Patriot(TM) V-Twin(TM) 200 Series.
Other divisions include Patriot Marine Industries -- performance watercraft design and engineering -- and Patriot Productions, which produces the nationally syndicated weekly television show "Steel Dreams," currently reaching 75 million households. The company and its management are firmly committed to building the Patriot(TM) brand, to building a significant and substantial domestic and international dealer organization and to distributing the finest products that consistently challenge and/or out-price competitors by as much as 50%. Additional Patriot branded products and accessories are also being continually evaluated and offered. For more information visit www.patriotmotorcycles.com and www.steeldreams.tv .
Note: Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include, but are no limited to, demand for the company's products and services, Patriot Motorcycle Corporation's (PMCY) ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
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