Published: July 23, 2008
Aero Performance Products, Inc. Releases July 2008 Newsletter Highlighting Increased Quarterly Sales
Aero Performance Products, Inc.
(PINKSHEETS: AERP), which operates Aero Exhaust, Inc., a world leader in
performance exhaust airflow technology and NASCAR Performance Partner,
today released the July 2008 version of its monthly shareholder newsletter,
which highlights the increase in 4th quarter sales for the Aero Exhaust
over the same quarter of last year.
A PDF version of the July newsletter is posted in the media archive of the
company's website at http://www.aeroperformanceproducts.com, and a notice
will be distributed through Aero's website-based mailing list.
The newsletter reviewed the recently announced increase in sales of Aero
Exhaust products for the fourth fiscal quarter of 2008, which were 22%
higher than the same period last year. Gross profit margin was up to 39%,
a significant improvement over the results from the previous fiscal
quarter.
"We decided to release unaudited results for the fourth fiscal quarter of
2008 to keep shareholders up to date on the company's progress before the
annual report is filed in late September and to use this as an opportunity
to discuss increased product supply," commented Aero Performance Products
CEO Bryan Hunsaker at the time of the announcement.
He continued, "While we are not satisfied with the 22% growth over the same
quarter last year, we are pleased to see that the continued demand for Aero
Exhaust product has produced increased sales for the 4th quarter.
Considering that Aero also experienced a shortage of product during the
period and that this is a time when many companies are experiencing
decreased sales over previous years, any increase should be seen as a
positive and something that can be built upon in future fiscal quarters."
Also discussed in the July newsletter is the continued progress towards an
Over-The-Counter Bulletin Board (OTCBB) listing for Aero Performance
Products. The listing application was made by a highly regarded brokerage
firm, which has extensive experience in its industry and is a member of The
Financial Industry Regulatory Authority (FINRA) and The Securities Investor
Protection Corporation (SIPC).
The newsletter includes a report that Aero Exhaust products are being used
by defending USHRA Thunder National Series Champion Michael Vaters on his
Black Stallion Monster Truck.
Mr. Vaters, who is currently using Aero's AR25 resonators on his headers of
the Black Stallion, commented, "The Aero resonators are just enough to take
the ear piercing edge off the exhaust tones."
Mr. Hunsaker added "Monster truck events attract large audiences, both in
the U.S. and in Europe. This application is another opportunity for us to
introduce Aero Exhaust products to an additional large segment of the
performance automotive market."
To sign up to receive information by email directly from the company
whenever new press releases, investor newsletters, SEC filings, and other
written material is issued, please visit
http://www.aeroperformanceproducts.com.
About Aero Performance Products, Inc.
Aero Performance Products, Inc. () operates
Aero Exhaust, Inc., a world leader in performance exhaust airflow
technology, manufacturing and distributing the most technologically
advanced muffler on the market. Aero's product lines are built to the
highest industry standards and offer the consumer a lifetime warranty. Aero
Exhaust has been issued U.S. and Australian patents on its innovations and
development in the exhaust industry, and its mufflers are available
worldwide through major retailers, mass merchant centers, automotive
aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an
exclusive National Association for Stock Car Auto Racing (NASCAR)
Performance product and carry the prestigious NASCAR brand on product,
packaging and related media. NASCAR legend Rusty Wallace is the official
spokesperson for Aero Exhaust products. Additional information on Aero
Exhaust's products, race team, and motorsports ventures can be found on its
corporate website, www.aeroexhaust.com.
Safe Harbor Statement: The statements in this release that relate to
future plans, expectations, events, performance and the like are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and the Securities Exchange Act of 1934.
Actual results or events could differ materially from those described in
the
forward-looking statements due to a variety of factors, including the lack
of funding, inability to complete required SEC filings, and others set
forth in the Company's report on Form 10-K for fiscal year 2007 filed with
the Securities and Exchange Commission.
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