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CruiseCam International Announces Worldwide Sales Agreement toDriver's Alert
Mar 12, 2008 11:18:05 (ET)
BINGHAM FARMS, MI, Mar 12, 2008 (MARKET WIRE via COMTEX) -- CruiseCam International (PINKSHEETS: CCMJ), developer and marketer of a line of "in-car" camera mount and recording systems with a wide range of applications, announced today that it has modified the North American Distribution agreement with Driver's Alert to include Worldwide Distribution of CruiseCam products excluding the country of Israel.
With this agreement in place all future orders for CruiseCam products will be routed directly to Driver's Alert facilities for up to two years, creating a sizeable cost savings to CruiseCam International. CruiseCam will also benefit from the expertise Driver's Alert has in the area of product marketing.
"We are excited about this worldwide agreement with CruiseCam and the potential for sales throughout the world," stated Paul Milazzo, Vice-President of Driver's Alert. "With sales volume ramping up nicely and demand for CruiseCam growing we see a complete package for success with CruiseCam," continued Milazzo.
"We at CruiseCam believe this agreement will greatly benefit us when dealing with international customers by streamlining the warehousing and distribution process," commented Scott Watkins, CEO of CruiseCam International. "CruiseCam will increase the production volume for quantity discounts and at the same time leverage the buying power with the assistance of this agreement with Driver's Alert," continued Watkins.
About CruiseCam International
CruiseCam International (PINKSHEETS: CCMJ), through its two operating subsidiaries, develops and markets integrated, "in-car" camera mount and recording systems for law enforcement, consumer, commercial and transportation applications, as well as for competition racing cars. The Company's patented technology and industry-first "CruiseCam" offering have been developed since 1999, and are distributed nationwide. For more information, visit: http://www.cruisecam.com/ .
SAFE HARBOR: Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimates as to projections are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the Company's judgment as of the date of this release. The Company does not undertake to update, revise or correct any forward-looking statements.
Contact:
D.P. Martin & Associates Investor Relations for CruiseCam International Ph: 561-514-0194 Email Contact
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Posted by: higherhighs In reply to: texguy who wrote msg# 2225 Date:3/12/2008 12:16:40 PM Post #of 2232
Florida is the new home for Cruisecam! D.P. Marin confirmed this last month but there has not been any official press releases!!!
I think all of us should contact Watkins at the new phone number I provided in my last post to confirm that he's indeed the president of Driver's Alert and CCMJ's headquarter has been moved to Florida. If Watkins is not available to speak with you, please go ahead and share your questions/concerns by leaving a message on his voice mail while demanding public clarification immediately.
Again, I think CCMJ is on the right trck but I don't understand the fact Scott Watkins is running both companies while, apparently, they're still seperate entities.
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