SAN DIEGO, CA – March 3, 2011 – (Motor Sports Newswire) – San West Inc. (OTC.BB:SNWT), an emerging leader in the off-road vehicle (ORV) industry, today announced that preliminary unaudited sales for its burgeoning e-commerce business increased by 40% during the first two months of 2011.
Preliminary unaudited online sales for January and February of 2011 reached approximately $242,000 or 135 units versus $168,000 and 103 units during the corresponding period of 2011. This represents overall sales growth of approximately 44% and unit sales growth of 32%. Moreover, the average per-unit sale for the period reached $1,795, representing a 10% increase over $1,633 during the first two months of 2010.
“2011 is shaping up to be a record year for San West, Inc., especially our fledgling online segment. Unaudited Internet sales logged thus far this year represent a very positive indicator of what’s to come and I believe that the first quarter and more importantly this calendar year could likely end up being the best for our company and its leading value-added partner, www.CountyImports.com,” commented San West, Inc. CEO Frank Drechsler.
Mr. Drechsler concluded: “Over the past 12 months, we’ve undertaken a massive effort to optimize our e-commerce business and I’m proud to state that these efforts continue to bear fruit as sales surge and online traffic remains at very favorable levels. I look forward to discussing future successes with the public as new developments transpire.”
About San West, Inc.
San West is an emerging leader in the off-road vehicle (ORV) industry and operator of the industry leading ORV portal, www.CountyImports.com. The Company’s web properties have emerged as the established home for all facets of the ORV industry, including off-road buggies, scooters, ATVs, parts and accessories. San West’s retail store locations in Southern California specialize in the design, manufacture, sales and repairs of off-road buggies. Additionally, the retail and online stores provide aftermarket performance products and accessories for off-road buggies and other ORVs. Buggy repair services are sold and fulfilled at the Santee, California retail location. For further information about San West, Inc. visit www.CountyImports.com, www.BuggyNation.com, www.youtube.com/user/CountyImportsdotCom, and www.SanWestInc.com.
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. There is no assurance that a definitive agreement will be completed.