To: flightlessbird who wrote (1584 ) 5/18/1998 12:50:00 PM From: Bret P Respond to of 4230
GREAT WHITE SIGNS DISTRIBUTION AGREEMENT WITH FISHER MARINE Waco, Texas - May 18, 1998 -- Great White Marine & Recreation, Inc. (OTC BB: TGSK) announces that it is has entered into a distribution agreement with Fisher Marine of Springfield, Missouri, a division of Tracker Marine, to warehouse and distribute the entire line of Fisher aluminum and fiberglass boats throughout the country of Mexico. Fisher manufactures and markets a line of highly acclaimed aluminum fishing and family leisure boats ranging in size from 14' to 24'. Fisher's aluminum boats are built with exceptional quality and care, which is backed up by a lifetime warranty. In addition to its popular line of aluminum boats, Great White will be distributing the entire line of Fisher fiberglass fishing and ski boats. Bill Dance, the host of TNN's Bill Dance Outdoors' television show, offered, "Fisher is the finest aluminum bass boat I've ever fished from." Colin Smith, Great White's President and Chief Executive Officer, stated, "We are very excited about the new addition of Fisher aluminum and fiberglass boats to our current product line. The addition of Fisher enables Great White to satisfy a very lucrative and important segment of the marine industry with a well established brand name product. When combined with our line of Mercury Marine outboard boat motors, Great White is able to offer its dealers and retailers a winning combination of superb performance and uncompromising value." Great White Marine & Recreation, Inc. is a distributor of MercuryT outboard boat motors and lubricants to retail marine and auto parts suppliers in Mexico with expanded distribution of its popular Mercury QuickSilverT two-cycle engine oil into the Southwestern U.S. and Central America. In conjunction with its MercuryT product line, Great White markets and distributes an extensive offering of yachts, boats, trailers, and PolarisT personal watercrafts (PWCs) and all-terrain vehicles (ATVs). Great White is headquartered in Waco, Texas and has sales, servicing and warehousing facilities in Monterrey, 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.