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UPTD TradeUP Acquisition Corporation

9.34
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TradeUP Acquisition Corporation NASDAQ:UPTD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.34 9.19 9.31 0 01:00:00

UPTREND Announces NASCAR Team Sponsorship

08/09/2004 7:33pm

PR Newswire (US)


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UPTREND Announces NASCAR Team Sponsorship SANTA MONICA, Calif., Sept. 8 /PRNewswire-FirstCall/ -- AirVest, Inc., a division of UPTREND Corp. (OTC:UPTD), has agreed to sponsor the #21 Innovative Motorsports' Toyota Tundra driven by Hank Parker, Jr. in the NASCAR Craftsman Truck Series, with the next race being in Richmond, VA at the Kroger 200. "This sponsorship will begin to put AirVest in the forefront of motorsports industry," stated Randy Drew, UPTREND's Chief Financial Officer. "With seventy-five million NASCAR fans in the US, we anticipate reaching millions of motorcycle enthusiasts in 2004 thru race events and television coverage." "We are very pleased that AirVest has stepped up to sponsor us for the balance of the season," stated Hank Parker, Jr. "The AirVest is a really neat product. Having owned a Harley-Davidson Motorcycle, I can see the value of wearing an AirVest for safety while riding." Team owner George deBidart is equally excited about the partnership with AirVest. "We really appreciate the people at AirVest stepping up to sponsor the 21 truck," deBidart said. He added, "The AirVest is a new innovation in safety and we are looking forward to working with them to maximize their sponsorship return." In a study conducted by RaceStat, the syndicated NASCAR research project funded by corporate sponsors seeking an unbiased look at the NASCAR audience, results showed nearly 75% of the NASCAR audience reported that they "Almost Always" or "Frequently" choose a product involved in NASCAR over one that is not, simply because of the sponsorship. What is AirVest(TM)? The "AirVest" is the most revolutionary product to hit the motorsports industry since the helmet. The AirVest, an innovation in high quality safety gear, acts as a wearable airbag that helps to protect the rider's chest and back from impact in the event of an accident. AirVest is lightweight, inflates in milliseconds and is reusable. AirVest is also comfortable and stylish. Additional information about the AirVest product is available at http://www.airvest.com/. Safe Harbor Statement Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. This release was issued through Major Newswire (http://www.majornewswire.com/). DATASOURCE: UPTREND Corp. CONTACT: Randy Drew, CFO of UPTREND Corp., +1-310-402-7676 Web site: http://www.airvest.com/ http://www.majornewswire.com/

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