|
tun die kam erst nachbörslich. CyberAds Acquires Rhino Off-Road Industries
Monday June 26, 5:39 pm ET
Cornerstone of Growth Plan Now in Place TORRANCE, CA--(MARKET WIRE)--Jun 26, 2006 -- CyberAds, Inc. (OTC BB:CYAD.OB - News) announced today that the company has completed the acquisition of Rhino Off-Road Industries, Inc. (ROI), the manufacturer of the Rhino Off-Road RTV® (Rough Terrain Vehicle), an innovative new class of off-road vehicle that has been selling nationally for more then two years. "The acquisition of ROI is the centerpiece of our growth strategy and culminates our efforts over the past year to develop an outdoor lifestyle company," stated Walt Tatum, Chairman of the Board of CyberAds. "Our mission has always been to represent, support and develop products and brands that fit the lifestyle of the active outdoor enthusiast. The Rhino RTV is a proven off-road vehicle and is exactly the type of product we targeted in our efforts to build this company." "The team at ROI, led by Howard Pearl, has done a fantastic job of building a foundation for this company which includes a national dealer network, complete R&D and assembly facility and the successful launch of a strong, competition proven brand," continued Tatum. "ROI has created and proven that the RTV is a standout product in the burgeoning $40 billion off-road industry." "We are ready to roll," stated ROI President, Howard Pearl. "The Rhino RTV is engineered to deliver the best possible off-road experience. Whether on the rocks, sand or trails, the RTV delivers a tremendous experience. With the resources and talent of CYAD supporting us, Rhino will be expanding its dealer base and moving from a build-to-order process, to an on-hand and in-stock inventory program, supported by a tier1 floor plan at the company and dealer level." "This is an exciting time for us," said Pearl. "Being part of CYAD will allow us capitalize on the demand for our product across the country. The Rhino RTV is recognized everywhere we go as people have seen us on 'Xtreme 4X4' on Spike TV, 'Steel Dreams' on The Speed Channel, 'Tactical to Practical' on The History Channel and 'Xterra Planet.' It has also made its way on to the big screen in feature movies including, 'Dukes of Hazard' and 'Fun with Dick and Jane.' The RTV has also made a name for itself on the 'Rock Crawling' circuit across the US in the World Extreme Rock Crawling Adventure series (W.E.ROCK) where it competes in a class created for this category of vehicle." ROI currently has a base network of dealers across the country and a backlog of unit orders. The Rhino Off-Road RTV is an innovative new vehicle that combines the power and performance of a customized SUV with the maneuverability of an ATV. The vehicle is equipped with a safety compliant roll cage, 5-point racing safety harness, and two suspension seats. It is powered by a 4-cylinder engine, includes an automatic transmission and 4-wheel disc brakes. About ROI Rhino Off-Road Industries is the manufacturer of the Rhino Off-Road RTV® (Rough Terrain Vehicle). ROI's management and design team are committed to providing affordable, innovative, safe-performance products that meet the needs of all off-road enthusiasts -- from the professional racer to the weekend adventurer. The company is based in Henderson, NV, a growing center for off-road activities. For information, visit www.Rhino-offroad.com. About CyberAds CYAD is a sales and marketing company that specializes in marketing products to young active consumers. The company works with manufacturers of sports, and entertainment products to build distribution networks and develop sales and marketing programs for their products. The company vision is to improve share price through development of an outdoor sports and recreation company that combines aggressive growth strategies and experienced business management. The company also develops media properties focused on the extreme lifestyle marketplace including the Planet X Group. For more information, visit www.CYAD.com, or call (800) 288-3099. Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission. Der Kurs wird sich hoffentlich erholen und auf 0.02 Euro steigen.
|
Thread abonnieren
