SOURCE: PTA Holdings, Inc.

July 09, 2007 06:30 ET

PTA Holdings, Inc. Launches New Website

CLEVELAND, GA--(Marketwire - July 9, 2007) - PTA Holdings, Inc. (PINKSHEETS: PTAH) announced today that it launched a new website that provides information about its core operating subsidiaries and also serves as an investor relations portal. A future goal of the Company is to provide E-commerce for its technology and fuel savings devices for added convenience in ordering its products. PTA Holdings, Inc. is a publicly traded holding company that is primarily engaged in select sectors of the automotive industry including new technologies.

About PTA Holdings, Inc.:

PTA Holdings, Inc. ("PTA") is a diversified holding company with a core focus in the automotive industry. The Company acquired ProFlow, Inc. in April 2007 and V-Flow Fuel Maximizer in May 2007. ProFlow, Inc. is a Georgia-based multi-location Automotive Service Center that specializes in the repair and maintenance of domestic, foreign and diesel cars. ProFlow, since inception, has been led by a NASCAR Winston Cup-winning experienced management team. ProFlow has developed and designed fuel-saving processes, for the automobile industry that can have a dramatic effect on fuel consumption. ProFlow is aggressively approaching successful future technologies for fuel mileage in the complete automotive and diesel industry. V-Flow developed a proprietary fuel-savings technology.

Using the economic capital and strength from becoming a public company, the Company intends to grow its ProFlow division into an industry leader. The Company is embarking upon an "Acquisition and Roll Up" strategy in order to take advantage of the fractious business landscape currently existing within the automotive repair and fuel service centers. Management maintains that as a public entity, it is ideally positioned to initiate a "roll up" of these centers which it anticipates will dramatically increase the Company's revenues and net income. A secondary benefit of acquiring independent automotive repair centers is the ability to cross-sell complementary products and services into those distribution channels with direct purchaser contact.

Forward-Looking Statements

This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.

Contact Information

  • Contact:

    PTA Holdings, Inc.
    Nathan Nowak
    Investor Relations
    (604) 288-2768