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Speedemissions First New Concept Store
Store in Alpharetta, Georgia, Highlights New Strategic Alliance
ATLANTA, March 15 /PRNewswire-FirstCall/ -- Speedemissions, Inc. (OTC:SPEM)
(BULLETIN BOARD: SPEM) , a leading vehicle emissions testing and safety
inspections company, announced that it has opened its first strategic alliance
store with Auto Advantage of Atlanta, Georgia.
Auto Advantage is among greater Atlanta's premier car wash service facilities.
Unlike the typical automated/hand dry car wash, Auto Advantage offers its
customers a full array of automotive services, plus a Coffee Bar & Internet
Cafe. Their high volume and expanse of value added products and services
allows Speedemissions to tap into their existing high customer traffic, with a
substantially lower investment than a free standing store.
President/CEO of Speedemissions, Rich Parlontieri stated, "This alliance is our
first step in seeking opportunities to grow our business outside the norm of
developing stand alone stores. This relationship with Auto Advantage allows us
to penetrate a market that we have tried to enter for two years. Strong traffic
flow and significantly lower construction costs versus a normal free standing
store are likely to show a good return on investment for this location. Lastly,
the market has a high percentage of newer vehicles, meaning there should be
fewer failed tests and thus, a reduction in re-tests. This results in being
able to give faster service to new customers."
Additional information about Speedemissions can be found at:
http://www.stocksontheweb.com/
About Speedemissions, Inc. http://www.speedemissions.com/
Speedemissions, Inc., based in Atlanta, Georgia, plans to become the leading
vehicle emissions (and safety inspection where required) company in the United
States in areas where auto testing is mandated by the Environmental Protection
Agency (EPA). Since the emissions testing market is highly fragmented,
Speedemissions expects to be the first company to create a national brand
offering their customers quick and efficient vehicle emissions testing service.
The initial focus of the company is in the Atlanta, Georgia and Houston, Texas
markets. The Company expects to continue to rapidly expand store sites.
Certain statements contained in this news release regarding matters that are
not historical facts may be forward-looking statements. Because such
forward-looking statements include risks and uncertainties, actual results may
differ materially from those expressed in or implied by such forward-looking
statements. Factors that could cause actual results to differ materially
include, but are not limited to, uncertainties pertaining to continued market
acceptance for Speedemissions' products and services, its ability to succeed in
growing revenue, the effect of new competitors in its market, integration of
acquired businesses, and other risk factors identified from time to time in its
filings with the Securities and Exchange Commission.
For Further Information: Contact: Jason Assad, Investors Relations,
770-306-7667 or
DATASOURCE: Speedemissions, Inc.
CONTACT: Jason Assad, Investors Relations of Speedemissions, Inc.,
+1-770-306-7667, or
Web site: http://www.speedemissions.com/
http://www.stocksontheweb.com/