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Cycle Country Accessories Corp. Announces US Patent Office Issues Patent for Cycle Country X-Force All-Poly Blade
Tuesday, April 13, 2010
Spencer, IA -- Cycle Country Accessories Corp. (AMEX:ATC) announced that the US Patent Office has issued a patent for the Company’s design for the industry’s first and only all-poly snow blade product line. Introduced initially at the 2009 Dealer Expo Show in Indianapolis, Cycle Country expanded its line of X-Force all-poly blades with three new blade sizes, including 60”, 66” and 72” wide blades, which were introduced at the 2010 Dealer Expo Show.
In addition to using the now-patented RibCore design, these new blades are 21” tall, which is 6” taller than typical steel blades sold today. The radius of the inside curve is also deeper than other powersport industry blades offered today. The deeper radius delivers excellent “snow rollover” performance, an industry measure of plow effectiveness and efficiency.
The X-Force blades are 30% lighter than comparably-sized steel blades. They do not require any steel frame reinforcement, and yet they have all of the equivalent strength and durability of steel blades. Because they are all-poly, they will not rust and can be recycled.
“We believe that the X-Force blade design offers Cycle Country a competitive advantage in the ATV/UTV Powersports market, and opens new opportunities in the Lawn Tractor and Zero Turn Radius Mower markets where a strong, but lightweight blade is beneficial for these typically lower-powered machines”, said Jeff Tetzlaff, President of Cycle Country. “Our X-Force blades will fit our existing mounting systems, so Cycle Country customers can upgrade to the new X-Force blades without changing their basic plow setups. All-poly is the next generation of plow blade design and this patent award recognizes Cycle Country’s continued position as the industry innovator.”
About Cycle Country Accessories Corporation
For over 30 years, the Company has been recognized as the industry leader in the marketing, sales, design and manufacturing of custom fitting accessories for all-terrain and utility vehicles (ATVs/UTVs), under the brand names of Cycle Country Accessories and Weekend Warrior. Products include snowplows, mowers, 3-point and tow-behind hitches and implements, storage, bed lifts, brush guards, hunting and fishing accessories, and more.
The Company also produces a line of specialty products for golf cars, low-speed vehicles (LSVs), lawn and garden equipment, commercial and residential zero-turn mowers (ZTRs) and motor sports vehicles under the brand names of Plazco and Cycle Country.
Under the brand name of Perf-Form, the Company manufactures and distributes a broad line of high performance oil filters for motorcycles, ATV/UTVs and watercraft.
In addition, the Company provides metal fabrication and contract manufacturing and assembly services through its Imdyne division.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” and their variations are intended to identify forward-looking statements. Forward-looking statements include the amount misappropriated in connection with the matters discussed above; the period in which the activities discussed above took place and the persons involved in such activities; the outcome of any further investigation or other action that Cycle Country or federal or state authorities may undertake with respect to these matters; the availability of insurance coverage; any remediation that Cycle Country may take with respect to any financial accounting and disclosure control deficiencies it may discover; and Cycle Country’s ability to filed restated financial statements. These statements speak only of the date hereof and are subject to risks and uncertainties that could cause actual results to differ materially, including further review of the matters discussed above, actions that may be taken or required as a result of the Investigation, including the need to restate prior financial results, and the conclusions reached by Cycle Country’s management and board of directors based on the results of any investigations, and any further review or investigation. Cycle Country undertakes no obligation to revise or update publicly any forward-looking statements.
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