SOURCE: Speedteq-Ti, Inc.

August 02, 2005 08:30 ET

European Distribution Heading Overseas With Sales & Marketing

PHOENIX, AZ -- (MARKET WIRE) -- August 2, 2005 -- Speedteq-Ti, Inc. (OTC: SDTQ), a manufacturer of high-strength, affordable Titanium fasteners for the motorcycle, automotive and marine after-market, is in negotiations for a location in the U.K. Northern London area that will be the future European Sales & Marketing support location. "We are currently reviewing an offer for our first offices that will be our European home," said Bradley Miller, company CEO. With the large opportunity we have in providing "affordable Titanium Fasteners and other Titanium products," we see this market as a vital role in our strategic plan to have our brand a globally recognized one. With the recent world events and the changes that are happening with the "Euro" exchange, freight and customs requirements, we will have the ability to deliver and capitalize on these opportunities to take orders which other suppliers haven't been able to fill.

This office will all be responsible for the large Asian domestic markets and the O.E. demand for Titanium products is at record levels so this will help our manufacturing capabilities here in the U.S. to produce higher overall volumes and further reduce our manufactured cost by added volume. A key advantage we have is in the transportation of the finished Titanium parts, due to their lighter weight which gives us another advantage, that is making our higher strength Titaniums affordable and able to fit into more applications. We expect to have further announcements in the coming months when these offices and personnel are producing orders.

About Speedteq-Ti

Speedteq-Ti is a manufacturer of high-strength, affordable titanium fasteners. Speedteq-Ti's fasteners, which include bolts, nuts, socket caps, studs and washers, are made in America. The company has offices and a manufacturing facility in the metropolitan Phoenix, Arizona, area. For more information on Speedteq products and services, visit their website: www.speedteq.com.

Special Note Regarding Forward-Looking Statements:

Forward-looking statements in this news release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release that are not strictly historical statements, including without limitation, management's plans and objectives for future operations and management's assessment of market factors and statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to a number of risks and uncertainties.

Contact Information

  • For more information on Speedteq-Ti, please contact:

    Investor Relations
    Andrew Wilcox
    1.888.646.5677
    Email Contact
    speedteq.com