MILFORD, Iowa, Dec. 2, 2003 (PRIMEZONE) -- Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing select custom-fitting accessories for the all-terrain vehicle (ATV) and other diversified industry products, is pleased to announce that they have been selected as an accessories provider for the Prodigy and Prowler compact utility loaders developed and distributed by Powerhouse Equipment.
Initially, Cycle Country will manufacture as an Original Equipment Manufacturer (OEM) for Powerhouse Equipment custom designed V-Plows for snow removal and grading. As the agreement expands, it is expected that Cycle Country will continue to develop products for the Prodigy and Prowler based upon Cycle Country's existing product line.
"The landscapers and snow removal contractors that are our core customers want high quality attachments to help them provide their services more efficiently and effectively," stated Ken Lawson of Powerhouse Equipment. "Our ability to work with Cycle Country, the world leader in utility snowplows, allows our customers the opportunity to have the best products available."
"We are excited about our expansion into the compact utility loader market," said Mr. Ron Hickman, CEO and President of Cycle Country. "Working with market leaders such as Powerhouse allows for a much larger audience for our products."
Powerhouse compact utility loaders are widely used in the lawn and garden industry. Dealers can be located through www.powerhouseequipment.com, while the Prodigy and Prowler are available at rental outlets such as Home Depot nationwide.
About Cycle Country Accessories Corp.
Cycle Country, www.cyclecountry.com, with over 50% of the worldwide market in several product categories, is the industry leader in the design, engineering and manufacturing of custom-fitting accessories for the utility all-terrain vehicle (ATV).
Since 1981, Cycle Country has developed an extensive line of branded products of snowplows, lawnmowers, spreaders, sprayers, hitches and many other utility equipment items along with recreational accessories. The Company's products custom fit virtually every brand of ATV on the market, which are distributed to essentially all ATV and motorcycle dealers in North America.
The Company has 19 international distributors that sell Cycle Country products in 35 countries throughout Asia, Europe, Central and South America. Additionally, Cycle Country dominates the golf car wheel cover market by manufacturing approximately 90% of all wheel covers sold to original equipment manufacturers worldwide. The Company sells high-performance premium oil filters for motorcycles and ATVs throughout the U.S. under the brand name Perf-form Products. They also manufacture heavy-duty garden equipment attachments for garden tractors, ATVs and other utility vehicles within the Lawn & Garden industry under their brand name Weekend Warrior.
For the latest SEC filings or past news releases, go to the company's website at www.cyclecountry.com and click on the Investor Relations heading. Please direct any financial questions to Todd Doom at Modern Media, LLC. (317) 413-7990.
Cycle Country Accessories Corp: 2188 Hwy. 86, Milford, Iowa 51351, 800.841.2222.
This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of Cycle Country Accessories Corporation, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by Cycle Country may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "potential," or future/conditional verbs such as "will," "should" and "could."