Mike Mann Hired as Vice President of Investor Relations
HOPKINS, MN – April 27, 2011 – (Motor Sports Newswire) – Viper Powersports Inc. (PINKSHEETS: VPWI), designer and manufacturer of Viper Motorcycles, announced that its new Auburn, Alabama facility is near completion. The new 63,000 sq. ft. facility, located on 17 acres, will serve as Viper’s world headquarters. This facility will be ready to receive furnishings and equipment deliveries the first week of May. This will allow Viper personnel to begin the process of establishing the systems and organization for production which will be moved into its new world headquarters by June 15th. The new facility’s capacity is 900 bikes per year, and, with expansion, is capable of up to 10,000 units a year.
Viper Powersports CEO John R. Silseth II stated, “We look at our upcoming relocation from Hopkins, Minnesota into our corporate campus as a transformative event. At the time of the relocation, we will be realigning our Board of Directors to include several notable Alabama businessmen, hiring additional production personnel, and commencing commercial scale production of our world class motorcycles.
In the meantime, Viper Motorcycle is finishing up a short run of Diamondbacks to bring to Auburn for an opening ceremony to celebrate this very important development in the Company’s growth and credibility. This will also time well for the launch of the new 2012MY Mamba, which is currently completing final design and engineering evaluation.
Viper is also pleased to announce that Mike Mann joins the Viper management team as Vice President of Investor Relations. Mike has been in the stock brokerage business the last few years. The Company’s project in Auburn coming to fruition now makes it viable to add Mike to team Viper to accelerate the Company’s communications to the investment community. Mike was a former Auburn University Tigers quarterback and offensive team captain during the early 80s.
ABOUT VIPERPOWERSPORTS INC: Viper Powersports designs, manufactures and markets a line of premium American V-Twin Super Cruiser motorcycles, V-Twin aftermarket engines and other related aftermarket products through an independent dealer network. Joint venture partner Ilmor Engineering (www.ilmor.com) provides technical developmental support for the proprietary 152 cubic inch Viper V-Twin engine, utilizing their 25 years of engine design expertise, ensuring Viper’s long term success as America’s newest domestic OEM of motorcycles. Viper Motorcycle Company’s website is www.vipermotorcycle.com.
The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements which do not reflect anticipated or unanticipated events or circumstances occurring after the date of these forward-looking statements.
FOR MORE INFORMATION CONTACT:
VP Investor Relations
Viper Powersports, Inc.