To: RCJIII who wrote (17862 ) 5/14/1998 12:06:00 PM From: TokyoMex Read Replies (2) | Respond to of 34592
ROFLMAO,, today great white ,,tomorrow ,, big bad dog .. (PR NEWSWIRE) DJ: Tigershark to Change Corporate Name to Great White Marin DJ: Tigershark to Change Corporate Name to Great White Marine & Recreation, Inc. WACO, Texas--(BUSINESS WIRE)--May 14, 1998--Tigershark Enterprises, Inc. (OTC BB:TGSK) announces that it is changing its corporate name to Great White Marine & Recreation, Inc. The Company will begin conducting business under the new name immediately; the trading symbol will remain 'TGSK'. Colin Smith, Great White's President and Chief Executive Officer, stated, "With the recent changes in our product mix, namely commencing distribution for Polaris Industries, Inc. and phasing out Arctic Cat products, we decided it would be in the best interest of the Company and its shareholders to conduct business under a new corporate name that better identifies our own growing business. We felt that the name Tigershark Enterprises, Inc. was too closely aligned with Arctic Cat's line of personal watercrafts. We believe that our new corporate name better associates us with our core business without identifying us with any single product manufacturer." Great White Marine & Recreation, Inc. is a distributor of Mercury(TM) outboard boat motors and lubricants to retail marine and auto parts suppliers in Mexico with expanded distribution of its popular Mercury QuickSilver(TM) two-cycle engine oil into the Southwestern U.S. and Central America. In conjunction with its Mercury(TM) product line, Great White markets and distributes an extensive offering of yachts, boats, trailers, jet skis and all terrain vehicles (ATVs). Great White is headquartered in Waco, Texas and has sales, servicing and warehousing facilities in Monterey, Mexico. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Great White Marine & Recreation, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the marine and recreation industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Great White Marine & Recreation, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws, and market competition factors. CONTACT: Sitra Enterprises, Inc. Great White Investor Relations, 512/453-3817 tgsk@sitra.com 11:45 EDT MAY 14, 1998 *** end of story ***