ATLANTA, GA, September 10, 2013 -- Speedemissions, Inc. (OTCQB: SPMI), a leading vehicle emissions testing and safety inspections company operating 38 stores in the Atlanta, Houston, St. Louis and Salt Lake City markets and developer of CARbonga, the revolutionary automobile diagnostic iPhone app, today announced that it has retained Enclave Enterprises, LLC, a leading provider of construction services to the automotive industry and other select enterprises. With offices and affiliates in San Francisco, Long Beach, Austin and Miami, Enclave Enterprises will operate as Project Manager for the development of the new Speedemissions Car Stores.
Rich Parlontieri, President and CEO of Speedemissions stated, "We're very pleased to be working with Enclave and their team of professionals which have been involved in over 300 automotive building projects with a combined construction budget of over $600 million. They bring solid expertise in automotive building services and project management. It starts with building design, branding, construction management, site selection and the delivery of the final product. By retaining a firm rich in creativity and outstanding retail store design such as Enclave, we hope to create an automobile repair store environment with an identity that will give our customers' a very unique and special experience."
"We are excited about the opportunity to work with Speedemissions on a project such as this. Getting to start with a true 'white board' concept that has not been previously structured by some other brand master will allow us to be creative and fuse together the myriad of ideas and designs that have been part of our vast experience in building more than 23 different types of other auto brands' showroom, service and retail facilities. We hope to deliver a unique car store experience for Speedemission customers not just outside, but inside as well," added David Litty, President and CEO of Enclave Enterprises, LLC.
To view preliminary store renderings and floor plans for the new Speedemissions automotive centers, visit the Speedemissions' Facebook page at: https://www.facebook.com/pages/Speedemissions-Inc/522270047828743#
ABOUT ENCLAVE ENTERPRISES, LLC
Enclave Enterprises, LLC is a Project Management and Cost Recovery company that specializes in providing building design, construction and cost recovery services for the automotive retail and service industry. Enclave provides its' clients the most cost effective and 'turn-key' project solutions in the automotive Industry operating as their outsourced corporate real estate department so our clients can continue their core automotive businesses while Enclave solves all their renovation, expansion and construction needs. For more information, visit: www.EnclaveEnterprises.com.
ABOUT SPEEDEMISSIONS, INC.
Speedemissions, Inc., based in Atlanta, Georgia, is a national brand offering our customers quick and efficient emission testing and/or safety inspection as required by law. The Company is in the Atlanta, GA. Houston, TX, Salt Lake City, UT and St. Louis, MO. markets. The Company has expanded its business model through its newly introduced SpeedEmissions Car Care Stores and SpeedEmissions Car Care franchise unit. Speedemissions hopes to be among the first companies to offer its customers quick and efficient vehicle emissions testing and repair services. For more information, visit: www.speedemissions.com.
Speedemissions, Inc. owns and developed the CARbonga line of apps for smart phone users. CARbonga is the first app which allows the average person to detect automotive car problems for their own vehicle or when buying a used vehicle. The CarBonga-SRI app provides a quick and easy way for consumers to stay on top of the safety of their vehicle by providing the most current safety-related recalls and service bulletins for their vehicles. For more information, visit www.carbonga.com and for CARBonga news updates follow @CarbongaApp on Twitter.
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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 market acceptance for Speedemissions' products and services, its ability to succeed in increasing revenues in the near term to attain profitable operations and generate sufficient cash flow from operations, the effect of new competitors in its markets, its integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission, including Speedemissions' Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and current reports on Form 8-K which are available at the SEC's website www.sec.gov. Other factors not currently anticipated may also materially and adversely affect Speedemissions' results of operations, financial position, and cash flows. There can be no assurance that future results will meet expectations. While Speedemissions believes that the forward-looking statements in this news release are reasonable, the reader should not place undue reliance on any forward-looking statement. In addition, these statements speak only as of the date made. Speedemissions does not undertake, and expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
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SOURCE: Speedemissions, Inc.