Pickups Plus Inc. Signs Agreement with ``The BMW Store'' in Cincinnati
April 12 2006 - 8:13AM
Business Wire
Pickups Plus (OTCBB:PUPS) a retail company that specializes in the
aftermarket accessory and environmental protection businesses today
announced that its wholly owned subsidiary Auto Preservation, Inc.
(AP) has reached a one year agreement with The BMW Store of
Cincinnati to provide vehicle preparation services to one of the
busiest BMW dealerships in the United States. Under this agreement,
Auto Preservation will process every BMW that is sold in the
dealership. The company will clean and maintain the automobile,
prepare the automobile for sale and give the automobile its final
detailing before delivery to the end client. This agreement covers
both new and pre-owned BMW's. Although financial details were not
released, based on the first week's revenue the contract could
potentially be worth as much as $400,000 or a 30% increase to AP's
total yearly revenues. BMW is one of the best and most prestigious
automobile manufacturers in the world. Their line of automobiles is
second to none and they maintain their high residual value due to
the care each car receives by BMW and in this case AP. The BMW
Store celebrates its 27th anniversary selling The Ultimate Driving
Machine. From its beginning, in a showroom that could display a
total of three cars, The BMW Store has grown to become the largest
BMW center in Ohio. In 2001, BMW launched a program called Quality
Management Systems. A voluntary program, it required BMW Centers to
thoroughly examine every operation, every procedure, and even every
job description throughout the dealership. The BMW Store was the
third BMW Center in the country to complete its QMS mission, and is
still the only TriState BMW center to be QMS qualified. "Our
ongoing search to provide the BMW customer with exceptional
products and services has led us to this relationship with Auto
Preservation," stated Rich Winterman, Facility and General Manager,
The BMW Store. "Auto Preservation was able to achieve the high
standards that BMW and The BMW Store requires all its affiliates to
have when dealing with BMW automobiles, we trust this relationship
will be very beneficial to not only Auto Preservation and The BMW
Store but to our clients as well." Pickups Plus Chairman Merritt
Jesson stated, "We are pleased that The BMW Store chose Auto
Preservation to process 100% of their vehicles before a sale. BMW
has very high standards for companies that they wish to do business
with, this reaffirms that AP is a company that fits into these high
requirements." Investors can visit the Pickups Plus IR Hub at
http://www.agoracom.com/IR/PickupsPlus where they can post
questions and receive answers within the same day, or simply review
questions and answers posted by other investors. Alternatively,
investors are able to email all questions and correspondence to
PUPS@agoracom.com where they can also request addition to the
investor email list to receive all future press releases and
updates in real time. About Pick-Ups Plus Inc.: Pick-Ups Plus, Inc.
(OTCBB:PUPS)(www.pickupsplus.com) is a retail operator and
franchiser of automotive parts and accessories stores catering to
the light truck and SUV market, with five franchised locations in
the U.S. and two company owned-stores. It markets and distributes
the ValuGard line of professional car care and environmental
protection products through its Automotive Preservation, Inc.,
subsidiary to automotive dealerships for new vehicle preparation,
as well to detailing shops and automotive specialty stores. For
More Information Please Visit (http://www.pickupsplus.com/) Certain
statements contained herein are ''forward-looking'' statements (as
such term is defined in the Private Securities Litigation Reform
Act of 1995). Because such statements include risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements.
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