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SOURCE Saleen Automotive, Inc.
CORONA, Calif., May 14, 2014 /PRNewswire/ -- Saleen Automotive, Inc. (OTCQB: SLNN), (OTCBB: SLNN) (the "Company"), an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel, is pleased to announce that legendary driver and businessman Joe Amato has joined the Board of Directors, effective immediately.
During his two decades as one of Top Fuel's most successful drivers, Joe Amato had an uncanny knack for finding the winner's circle. From his early days in the Pro Comp class through his record five NHRA Winston Top Fuel championships, the affable and popular Pennsylvania businessman seemingly won at will. In addition to his five Winston titles, Amato's résumé includes 52 victories in Top Fuel and another five behind the wheel of an alcohol-fueled dragster. A longtime fan favorite due to his easygoing nature and willingness to interact with the public, Amato competed in 99 final rounds in Top Fuel and won the Budweiser Shootout at Pomona a record six times. He finished in the top 10 an incredible 19 straight years, from 1982 through his sudden retirement at the end of the 2000 campaign.
Amato's success on the dragstrip was paralleled by his achievements in the boardroom. As president of Keystone Automotive Warehouse, he became one of the world's largest distributors of high-performance automotive parts and accessories and was able to parlay that status into a number of successful long-term sponsorships. As a result, his racing efforts were never underfinanced.
"Adding my friend and colleague Joe Amato to our Board of Directors is a historic moment for Saleen Automotive," stated Steve Saleen, CEO, Saleen Automotive. "Joe has accomplished remarkable achievements on and off the track and brings that legacy of success as a contributing member of our board and indeed, a highly valued strategic partner. I very much look forward to utilizing Joe's unique skill set as we execute the Saleen Automotive business plan."
"I'm pleased to join Steve Saleen, his management team, and the members of the Board in a journey to take Saleen Automotive to new heights," stated Amato. "Steve has built a reputation for excellence to which few can compare and I look forward to being a part of this ride as a working member of the Board."
For more information and updates regarding Saleen Automotive visit the following online locations:
Company website: www.saleenautomotive.com.
About Saleen Automotive, Inc.
Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. An example of such forward looking statements in this press release include statements regarding the Company developing and completing successful new car projects. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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