DANA POINT, CA – November 18, 2011 – (Motor Sports Newswire) – ePunk, Inc., (PINK SHEETS: PUNK) a company specializing in the distribution of on and off-road vehicles, parts and accessories, is pleased to announce that it has received approval by the City of Dana Point, California to rent motorized scooters at its PCH Rides retail outlet.
“Not only is our recent approval to rent motorized scooters expected to boost sales, it is our hope that being the first to offer recreational vehicles on a rental basis will help establish PCH Rides as a Dana Point institution and a staple of the fine city’s thriving tourism industry,” said ePunk, Inc. CEO Jesse Gonzales.
As a popular tourist destination for millions each year, Dana Point is considered a mecca for outdoor enthusiasts seeking recreational activities. With its frontage at a major intersection, PCH Rides is positioned along a main thoroughfare where it can capitalize on foot traffic by the thousands. Additionally, PCH Rides is the only vendor in the city licensed to rent motor scooters, and therefore stands to serve a market of millions of tourists each year, with virtually no competition.
Going forward, the company plans to capitalize on the rental model and add a variety of new products to offer customers the most comprehensive selection of recreational vehicles possible. With the increase in rental customers, management expects a boost in exposure, and therefore sales, as the store becomes a fixture in the lucrative Dana Point tourism industry.
Capitalizing on its vast network of distributor and dealer contacts, ePunk has leveraged it relationships to uniquely target different demands within the industry via individual businesses, each serving a specific niche with carefully selected products and branding specific to that market. The automatic fulfillment system that made CountyImports.com a success in a matter of months has been expanded to help each business focus on marketing, customer service and quality guarantee, rather than the costly labor of managing of inventory, shipping and handling.
By using this automated fulfillment system for each e-commerce website, ePunk has been able to eliminate overlap in overhead costs to allow each business to focus specifically on increasing sales and revenue.
Through various relationships with foreign manufacturers, ePunk is bringing to market several unique and affordable products that the competition is unable to match, both in quality and price. While years of expedited fulfillment on a vast array of competitively priced products has built the company a large customer base, these imported products stand to make ePunk a market leader within this industry.
Most recently, ePunk, Inc. opened its first physical retail location in Dana Point, California called PCH Rides. The retail store offers a wide selection of boutique products, available for sale or rent andspecifically designed for a higher-end market and strategically placed in area with no current competition. The location will also serve as corporate headquarters for ePunk, Inc. and its various businesses.
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.
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SOURCE: ePunk, Inc.