Patriot Motorcycle Corporation Introduces Steed by Patriot Industry
Press Event Announcing New Musclebikes a Huge Success
SAN CLEMENTE, Calif., Aug 31, 2005 (PRIMEZONE via COMTEX) -- Patriot Motorcycle Corporation (Pink Sheets:PMCY), exclusive worldwide distributor of the Yamoto line of Dirt Bike motorcycles and All Terrain Vehicles (ATVs), announced it has acquired the assets of Steed Musclebike Motorcycle Company of Scottsdale, Arizona at a press conference on Saturday afternoon, August 27th.
The excitement-filled press event was staged at the brand new Family Motor Sports Patriot dealership in Costa Mesa, California - both a flagship showroom facility and part of the training facility for all new Patriot dealers worldwide.
For two action-packed hours, industry notables were entertained, fed and thrilled with the thundering highlight of seven gleaming Steed Musclebikes roaring into the party mid-event - all of which was taped for broadcast on the new "Steel Dreams" television series featuring Patriot Motorcycle Corporation scheduled to debut nationwide mid-September 2005.
Attendees included a broad spectrum of well-known motorcycle magazine writers, news organization editors and wire service representatives - as well as numerous representatives from throughout the motorcycle industry, including renown motorcycle designer John Covington, founder and creator of Steed custom-built V-Twin Musclebikes.
John Covington reiterated that "Never before has a custom V-Twin builder...like Steed...had the full resources of a global company, like Patriot, dedicated to its success. It is not only groundbreaking...it will take Steed and custom V-Twin bikes to a whole new level."
"Now, with Patriot's experience and involvement," noted Mark Green, President of Marketing and Sales for Patriot Motorcycle, "the world of custom V-Twins has just gained the broad distribution and marketing muscle that has been lacking to date...and we are aggressively seeking the best possible flooring options for our dealers and retail financing for end users."
"It is a thundering roll-out in every respect," added Green, "and Patriot dealers are already lining-up highly motivated riders who are anxious to own the new Steed by Patriot Musclebike."
View Steed By Patriot Announcement: patriotmotorcycles.com
View Press Conference Video: patriotmotorcycles.com
Patriot Motorcycle Logo: primezone.com
Steed by Patriot Logo: primezone.com
About Steed by Patriot
Founded by designer/builder John Covington in 1989, Steed Musclebike Motorcycle Company, headquartered in Scottsdale, Airzona, maintains a leadership role in the design and fabrication of custom V-Twin motorcycles. Steed is also the oldest federally licensed alternative American builder in the United States. Covington's styling includes introducing the famed "Monoglide" 300 fat-tire chassis in 1997 - making Steed the first 300mm tire builder in America - featuring a proprietary musclebike platform and a host of revolutionary innovations that instantly gained national attention, industry recognition and a legion of loyal riders and customers. The visionary Steed "Cobra" V-Twin, personally designed by John Covington, was recently inducted into the Motorcycle Industry Hall of Fame in the "Most Famous Custom" class. In August 2005, the assets of Steed Musclebikes were acquired by Patriot Motorcycle Corporation and reorganized as Steed by Patriot. Founder John Covington was retained and continues as Director of Design and Development for Steed by Patriot. For more information visit www.musclebikes.com About Patriot Motorcycle Corporation
SOURCE: Patriot Motorcycles Corporation
By Staff
CONTACT: Patriot Motorcycle Corporation Mark Green (949) 488-0434, Ext. 202 mgreen@patriotmotorcycles.com
Investor relations: Dan Duquette (714) 915-4820 dand@patriotmotorcycle.com
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