Record Breaking 2006 March Sales Give Diamond Powersports a Record Breaking First Quarter 4/4/2006 8:39:22 AM FORT LAUDERDALE, FL, Apr 04, 2006 (MARKET WIRE via COMTEX) -- Diamond Powersports, Inc. ( DPWS ) is pleased to announce that it had over a quarter million dollars in sales for March -- breaking all previous monthly sales records in the company's history. The sales record previous to this was set in May of 2005 with $174,150.08 in sales. Sales for March 2006 surpassed this previous record by over $90,000.
Actual total sales for March 2006 were $264,301.42 compared to last March's sales of $128,313.63. This is $135,987.79 greater than March 2005 sales and represents a 105.9% increase.
Diamond Powersports is also pleased to announce that sales for the first quarter of 2006 were $551,607.47. This not only surpassed last year's first quarter sales of $280,866.29, but this year's first quarter posted sales higher than all previous company quarterly sales figures. The quarterly record previous to this was set in the second quarter of last year, posting $464,097.47 in sales. The first quarter of 2006 beat this quarterly record by $87,510.
About Diamond Powersports: Diamond Powersports is the leading supplier of innovative motorcycle sport bike parts and accessories to the motorcycle aftermarket. Lowering links, chain guards, kick stands, mirror caps, frame sliders and its patented Flame Sliders are among the 400 different sport bike accessories it manufactures.
For investor information for Diamond Powersports, Inc., contact David Lewis at 1-800-466-8606 or visit the website www.diamondpowersports.com.
Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.
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