MotivNation, Inc.'s Completes $2 Million Dollar Funding
Market Wire, December, 2005
MotivNation, Inc. (OTC BB: MOVTE), an Orange County, California-based provider and manufacturer of "tools and toys for the automotive enthusiast," announced that it has closed a $2 million dollar funding commitment.
"We are pleased to have such strong investors backing MotivNation for the next phase of our company's expansion plans," said George R. Lefevre, CEO, MotivNation. "This funding will enable us to meet strong customer demands for our existing products."
About MotivNation
Based in Irvine, California, MotivNation is aggressively positioned in the custom automotive and motorcycle enthusiast market. Damon's is in the business of customizing motorcycles and automobiles. TrixMotive is in the business of converting automobile chassis into stretched limousines and other specialized automotives. The two divisions provide a full-range of services that cater to the custom motorcycle and automotive enthusiast, including the sale, manufacture, converting, customization, armor protecting, and installation of custom-built motorcycles and auto parts and accessories, as well as restoration, repair, and servicing.
For more information, visit http://www.MotivNation.com.
Safe Harbor Statement: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements in this release, which relate to the company's plans and strategies, as well as management's expectations about new and existing products and services, acquisitions and opportunities, market growth, demand for acceptance of new and existing products and services, are forward-looking statements. In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors. The company undertakes no obligations to publicly update or revise such statements. For more details, please refer to the company's Securities and Exchange Commission filings.
Contact: MotivNation 888-258-6458 info@MotivNation.com http://www.MotivNation.com
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