Message #1 From:
Stock News Bot Date: March 9, 2005 09:30:11 AM
PUPS Pick-Ups Plus Inc, Stock Trading Message Board News
Pickups Plus Launches Retail Car Care & Authorized Warranty Center Product lines through Meyer Distributing
CINCINNATI
Pickups Plus, Inc.
Sean Hayes, 860-633-0377
shayes@Pickupsplus.com
Pickups Plus, Inc. (OTCBB:PUPS), a retailer and national franchiser in the light truck and SUV aftermarket accessory industry and wholly owned Auto Preservation, Inc. a single source provider to automotive dealerships for their new vehicle preparation, environmental protection packages, detailing and reconditioning products and services; today announced Auto Preservation, Inc. signed a Master Distributor Agreement with Meyer Distributing to sell its retail car care product line and secure Authorized Warranty Centers for its Auto Preservation warranty products to their approximately 10,000 automotive retailer clients.
"Under various private labels and the brand name ValuGard, Auto Preservation has been quietly providing automotive dealerships, professional Jobbers, detail shops, and major car manufacturers these products and services for over 20 years", said Mr. Jesson, President and Chief Executive Officer of Pickups Plus. He continued, "Together with Meyer Distributing we are making the full line of ValuGard Professional Grade Car Care Products available to consumers for the first time". This is not just another car care product line, ten of the largest vehicle manufacturers in the world including: GM, Ford, Daimler Chrysler, Toyota, Mazda, Hyundai, Nissan, Renault, Saturn and Saab have relied on this product line for their own use, factory defect resolution, or have private labeled the products for resale in their dealerships.
Meyer Distributing customers receive competitively priced professional grade products that are OEM approved by the major car manufacturers and because this product line is only being offered through professional automotive retailers like Meyer clients, their margins are protected.
In addition, Meyer Distributing will be promoting and distributing products for Auto Preservation's Authorized Distributor and Processing Center program using its ValuGard Environmental Protection Products. Within their existing facilities, utilizing environmental friendly products and with no expensive application equipment automotive retailers can generate additional revenue.
Pick-Ups Plus, Inc. is a retail operator and franchiser of retail automotive parts and accessories stores catering to the light truck market. There are currently five franchised locations in operation and two Company owned-stores. In addition, through its Automotive Preservation Division the Company now offers automotive dealerships new vehicle preparation, environmental protection packages, detailing and reconditioning products and services. The Company intends to attempt to expand by opening additional company-owned stores, ValuGard Processing Centers, Distributorships and franchise. For more information about the Company go to www.pickupsplus.com and look for updates in the Chairman's Letter.
Safe Harbor Statement: Except for historical information contained herein, the statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, Section 21E of the Securities Act of 1934 and the Private Securities Litigation Act of 1995. Forward-looking statements involve known risk and uncertainties, which may cause the Company's actual results in the future to differ materially from forecasted results.
