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monk
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All PRNewswire NewsWASHINGTON, Mo., Sept. 12 /PRNewswire-FirstCall/ -- Xtreme Companies, Inc. (OTC Bulletin Board: XTME) announced today that former Brunswick Boat Group sales executive Jeff Gayer has been appointed as the Company's new National Sales Manager. Brunswick is the world's largest manufacturer of pleasure boats, which includes brands such as Sea Ray, Bayliner, Boston Whaler and Baja.

Xtreme CEO Laurie Phillips stated, "To fill the position of National Sales Manager, we searched long and hard for an individual with significant boat sales experience and who also possessed established dealer relationships both domestically and internationally. Jeff brings with him years of experience in developing and managing an extensive dealer network for leading worldwide boat manufacturers." She added, "The timing of his addition to our new team is perfect. We are in the midst of finalizing our sales and marketing plan for the upcoming model year and can now hit the ground running as we begin introducing the 2007 Challenger line to a national dealer network."

Mr. Gayer commented, "I am excited to be joining this new and dynamic management team at Xtreme. It was evident to me that as a result of the recent restructuring, the organization has quickly become re-energized and is dedicated to creating quality, consumer satisfaction and loyalty. He added, "The initial response from dealers regarding our 2007 line up has been very encouraging. I look forward to leveraging my experience and relationships into the development of an extensive and productive distribution channel for Challenger Powerboats."

Prior to joining Xtreme, Mr. Gayer was Brunswick's Commercial and Government Division Sales Manager reporting directly to the President, responsible for both domestic and international sales within the division. Prior to his tenure with Brunswick, he was Regional Sales Manager for Boston Whaler where he was responsible for developing and maintaining their U.S. dealer network. His marine experience also includes tenure with the State of Kansas Department of Wildlife where he headed the state boating organization and was commissioned on legislative committees which established state boating laws and regulations.

About Xtreme Companies, Inc.

Xtreme Companies, Inc., produces high end, semi-custom fiberglass sport cruiser and high performance boats under the 'Challenger Powerboats' brand. Xtreme holds the exclusive rights to the revolutionary DDC hull for boats up to 40 feet in length. The DDC hull is a patented revolutionary design by world-renowned marine designer Harry Schoell, which incorporates two hulls into one, resulting in a constant planning surface enhancing stability and generating greater transom lift. This enables the hull to run faster in rougher seas while providing a dry, safe and more comfortable ride.

Posts: 136 | From: Florida | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
monk
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From Small Cap Digest:


Xtreme Brings Aboard a Proven Boat Sales Expert as Sales Manager
Filed under: General XTME— SmallCapNetwork Editor * 6:43 am
Remember last week when we told you about some of the exciting changes Xtreme Companies (OTCBB: XTME) was undergoing? One of them was the acquisition of proven personnel. At the time, we were referring to the addition of Jack Clark as the new Chief Operating Officer. However, we also mentioned some other pending personnel changes. Well, today Xtreme announced another victory in the personnel department - by naming Jeff Gayer as the company’s National Sales Manager.

Who’s Jeff Gayer, and is he really any different than any other sales manager? To answer the second question first, yes, he’s uniquely well-suited for the job. As for why, the answer to the first question is the best response…Jeff Gayer has years of experience as a group sales executive with Brunswick, which just happens to be the world’s largest manufacturer of pleasure boats. So, we have no doubt he’s got the right experience to handle the job magnificently at Xtreme. But from our perspective, the skill set and experience isn’t even the exciting part…think of all the industry contacts he already has! He really won’t have to break new ground when he introduces the new Challenger boat line to dealers. It may not seem like a big deal, but trust us, in the high-end ‘toy’ world, who you know can be as important what you know.

As far as the stock is concerned, we still like it as a speculative play. Currently priced at 4 cents, there’s not a lot of downside relative to the potential upside. And, we figure most of the current pricing is a reflection of the Xtreme from last year…the Xtreme that wasn’t focused solely on sport and performance boats, the Xtreme without Jack Clark, and the company without a proven sales manager. The new Xtreme, however, is/has all of those things, and more.

Posts: 136 | From: Florida | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
   

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