SOURCE: Speedemissions, Inc.

Speedemissions, Inc.

January 11, 2016 09:00 ET

Speedemissions, Inc. Introduces Its Updated Automobile Safety Recall Website "myVehicleRecalls.com"

Previously BuyCarSafety.com, Web Page Now Provides More Critical Information, Better User Experience

ATLANTA, GA--(Marketwired - Jan 11, 2016) - Speedemissions, Inc. (OTC PINK: SPMI) (the "Company"), a leader in the vehicle emissions and safety inspections industry, announced today a quick and easy way for automobile owners to obtain Safety Recall Notices and Technical Service Bulletins ("TSB's) produced by U.S and foreign automobile manufacturers with its updated site, myVehicleRecalls.com.

While there are several revisions to the Company's prior site, two major benefits of the new site are:

  • the myVehicleRecalls.com Vehicle Database, which has over 5,600 automobiles sorted by make, model and year, and;

  • the myVehicleRecalls.com Data File, which provides recall data going back to model year 1996, thereby giving consumers a 20-year window of information about their car. This is of particular value, as the average car on the road today is 11.5 years old

"After several months of tracking dozens of news stories about the auto industry, car owners should be very concerned about the safety of the car they drive," stated Rich Parlontieri, CEO/President of Speedemissions.

A disturbing note when it comes to Technical Service Bulletins is that neither dealers nor automobile manufacturers are required to notify the car owner of any TSB's issued. Also, as a matter of protocol, independent auto repair shops don't receive TSB's directly from the manufacturer. It's estimated that over 10,000 TSB's are issued yearly in the U.S. Much like safety recall notices, TSB's identify important problems with automobile components such as anti-lock brakes, automatic transmission, cooling system, cruise control, fuel system and etc. all of which could possibly mean the difference between a safe or unsafe vehicle. And, just maybe, 'peace of mind.'

The myVehicleRecalls.com site also allows users to:

  • Open and print their report from browsers
  • Save vehicles to their account
  • View and resend reports on saved vehicles
  • Purchase the "New Alert" feature which notifies consumers if a new recall on a saved vehicle has been issued

In addition, this new website offers three different ways to learn about what is going on with a vehicle: a Recalls Found Report, a TSB's Report and a combined Recall +TSB Report.

There are 254.7 million cars, pick-up trucks, SUV's and minivans on the highways in the U.S. and approximately 110 million safety recalls have occurred since January 2014. To further understand the auto safety problem, industry experts estimate that 60 million cars on the road today have a recall notice that has not yet been fixed. With over 42 million used cars being sold 2014, there is a healthy reason for concern about automobile safety.

ABOUT SPEEDEMISSIONS, INC.
Speedemissions, Inc., based in Atlanta, Georgia, is a national brand offering customers quick and efficient emission testing and/or safety inspection as required by law in the Atlanta, GA, and St. Louis, MO markets. For more information, visit: www.speedemissions.com

ABOUT MYVEHICLERECALLS.COM
Speedemissions owns and developed the myVehicleRecalls.com website. It is intended to keep car owners informed about what's really happening under the hood of their vehicle. For more information, visit www.myVehicleRecalls.com.

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FORWARD LOOKING STATEMENTS
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to market acceptance for Speedemissions' products and services, its ability to succeed in increasing revenues in the near term to attain profitable operations and generate sufficient cash flow from operations, the effect of new competitors in its markets, its integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission, including Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and current reports on Form 8-K which are available at the SEC's website www.sec.gov. Other factors not currently anticipated may also materially and adversely affect Speedemissions' results of operations, financial position, and cash flows. There can be no assurance that future results will meet expectations. While Speedemissions believes that the forward-looking statements in this news release are reasonable, the reader should not place undue reliance on any forward-looking statement. In addition, these statements speak only as of the date made. Speedemissions does not undertake, and expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contact Information

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    Speedemissions, Inc.
    Investor Relations
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