| USA. Fountain Powerboats books $6.2 Million in retail sales at Fort Lauderdale Boat Show |
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| Tuesday, 07 November 2006 | |
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Boat builder news: Fountain Powerboat Industries, Inc. (AMEX: FPB), a leading manufacturer of high performance sport boats, fish boats and express cruisers, has announced the results of the company's participation in the Fort Lauderdale International Boat Show held in Fort Lauderdale, Florida, October 26 through 30, 2006. "We have booked retail sales of approximately $6.2 million, making this our most successful exhibition at the Fort Lauderdale show," said Reggie M. Fountain, Jr., Chairman and CEO of Fountain Powerboats. "While sales revenue among our fish, sport, and cruiser product groups were essentially even, there's no doubt that our introduction of the 38' Sport Fish Cruiser, the new enhanced 35' Lightning, and the new 52' Express Fish boat was part of a larger fascination for large boats in each of our product categories." "Our investment in our popular racing programs, aggressive marketing campaigns and dedication to building our international and domestic dealership programs have assisted us in and retaining our high level of industry recognition," said CEO Fountain. "The strong buyer response at the Fort Lauderdale show helped to validate these investments and position Fountain for positive results in a challenging market." The largest boat show where Fountain exhibits is the Miami International Boat Show and our success at the Fort Lauderdale show is an excellent precursor for the Miami boat show in February. "Our sales and successful participation in boat shows in the U.S. and abroad reinforces Fountain's current leadership, as the U.S. boating industry remains flat and slowly trends downward in certain regional markets," commented Fountain Powerboats President David Knight. "Our ability to secure a stronger presence in international markets has been a significant asset to our growth. I'm particularly delighted to see that our dealers from Australia, Italy, Greece, Norway, France and China contributed approximately 51 percent of the $6.2 million of our Fort Lauderdale sales, while our dealers from South Carolina, Virginia, North Carolina and Florida contributed approximately 49 percent." The top three U.S. boat shows for Fountain are the Fort Lauderdale International Boat Show, the New York International Boat Show on December 30, 2006 through January 7, 2007, and the Miami International Boat Show on February 15 through 19, 2007. Each of these shows is unique and provides Fountain Powerboats with a wide range of exposure to U.S. and international wholesalers, retailers and individual customers. |
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| Last Updated ( Tuesday, 07 November 2006 ) |
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