SOURCE: San West, Inc.

October 25, 2009 12:00 ET

San West, Inc. Announces 5-for-1 Forward Split Record Date Set for Close of Business October 26th

SAN DIEGO, CA--(Marketwire - October 25, 2009) - San West Inc. (OTCBB: SNWT), a Company that designs, manufacturers, sells and repairs off-road vehicles, apparel and accessories, is proud to announce that tomorrow (Monday, October 26th) is the last day to purchase SNWT stock to be on record and eligible for the forward stock split. All shareholders of record at the close of business Monday will be positioned to benefit from the upcoming five-for-one forward stock split to be executed at the start of business on November 2, 2009.

The stock split will be affected in the form of a stock dividend and will distribute four additional shares of its common stock for every share of common stock held. San West has satisfied all requirements necessary to execute the forward split and looks forward to sharing the company's recent successes with its loyal shareholders.

"The upcoming forward split is designed to strengthen shareholder value by facilitating increased trading among retail investors and also reposition our share price after substantial appreciation in recent months. In addition, I'm excited to state that all shareholders of record at the close of business Monday will be in a position to benefit from this strategic action and look forward to updating the public on the progress that we continue to make on many fronts, in the coming weeks and months," stated San West Inc. CEO Frank Drechsler.

About San West Inc.:

San West designs, manufacturers, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies. Products are sold via three divisions: at retail store locations, via the online store and through its growing dealer network. 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.BuggyWorld.net and www.SanWestInc.com.

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). SNWT cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.

Contact Information

  • Contact:
    San West, Inc.
    Corporate Communication
    (858) 246-6822