Press Release Source: Speedemissions, inc. On Tuesday August 23, 2011, 11:57 am EDT
ATLANTA–(BUSINESS WIRE)– Speedemissions, inc. (OTC Bulletin board:SPMI.ob – News), a leading vehicle emissions testing and safety inspection company with stores in Atlanta, Houston, St. Louis and Salt Lake City, is finding another way to further improve per unit economics.
Speedemissions announced, as a means to increase store level revenue and income, they’re now selling light bulbs, windshield wipers and other accessories related to those customers on whose cars they conduct safety inspections. the selling initiative has been underway for a few months and has begun to gain traction in several stores.
At the present time only stores in Houston, St. Louis and Salt Lake City can sell this merchandise as a “convenience” to customers when their car fails the safety inspection because of a burned-out light bulb or defective windshield wipers. in addition to these items, the company has added gas caps, a windshield treatment and a headlight restoration program to its array of products offered. it has under review some other automobile products it hopes to begin selling by year end.
the Company believes this is another step in retaining customers and attracting new ones. It’s related to time savings and convenience for the customer when they have a bad bulb or wiper that causes their car to fail. Now, they don’t have to go to an auto parts store then come back to a Speedemissions store for the re-test.
“Giving customers options is what we’re trying to do,” said Rich Parlontieri, President/CEO of Speedemissions. “We studied this idea for many months before putting it in place. we feel our customers appreciate the fact we can save them a few minutes when it comes to keeping their car in compliance with the states requirement for automobile safety. This also is another way of engaging the customer and maintaining a relationship with them.
“Along with CARbonga (first iPhone app to inform the driver about auto safety through the manufacturers’ recall and technical service bulletins), we’re pushing to create an automotive service and technology business that’s focused on helping to keep a car’s emissions low and its safety benefits high.”
about Speedemissions, inc. at: speedemissions.com – about CARbonga at: carbonga.com
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Speedemissions, inc. based in Atlanta, GA. is a leading vehicle emissions testing and safety inspection company in the United States. Speedemissions provides services in certain areas where auto testing is mandated by the Environmental Protection Agency (EPA). Since the emission testing is highly fragmented, Speedemissions expects to be the first company to create a national brand offering their customers quick and efficient vehicle emissions testing service. the current focus of the Company is in the Atlanta, GA., Houston, TX. St. Louis, MO. and Salt Lake City, UT. markets.
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 continued market acceptance for Speedemissions products and services. Its ability to succeed in growing revenue, the effect of new competitors in its markets, integration of acquired businesses and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.