ATLANTA, GA, Jan 7, 2014 - Speedemissions, Inc. (OTCQB: SPMI), a leading car care company providing vehicle emissions testing, safety inspections and light automotive repair operating 43 stores in the Atlanta, Houston, St. Louis and Salt Lake City markets and developer of CARbonga, the revolutionary automobile diagnostic mobile app, today announced that while its corporate name will remain the same, it plans to operate its stores in 2014 under two new brands, "Expresso Emissions" and "Expresso Car Care Café."
Expresso Emissions stores will continue to provide vehicle emission testing and/or safety inspections in those markets where it is required, as well as selling light bulbs, wipers and headlight restoration services. The Expresso Car Café facilities will handle the same services, plus emission repair, diagnostics, engine tune-up, brake repair, radiator & air conditioning flushes, oil changes and more.
These name changes reflect the company's continued commitment to its core business of vehicle emissions testing and safety inspections, while expanding its emission repair and light automotive repair model with an entirely new concept when it comes to the automobile services industry. To view the new logos and store designs please go to the Speedemissions website at www.speedemissions.com.
"Expresso Emissions and Expresso Car Care Café, with their new names, colors and logo design make a strong statement about continuing to perform our services in a fast, efficient manner. And, since we're not able to retrofit any more of our existing stores into a repair facility, we've created an entirely new store design and concept that we believe fits today's and tomorrow's automotive services customer."
"Our Expresso Car Care Café store will be uniquely more than just another auto repair shop or garage. It will provide a whole new experience and a comfortable environment for our customer. It's one that begins when a customer drives into the parking lot and looks at the building design. What they'll see is an automotive services facility that has a 'You Really Are Welcome Here' look and feel to it. With lots of glass, warm lighting and soft colors, the Expresso Car Care Café will embrace our customer's arrival and serve as an experience to look forward to with every visit," stated Rich Parlontieri, President/CEO.
Parlontieri further explained that, "The Expresso Car Care Café store will be between 3,300' and 4,400' square feet with either 4 or 6 bays for automotive services and almost 2,000' sq. ft. dedicated to the 'customer experience.' The new stores will provide customers with an internet café with free Wi-Fi and secured tablets to use while getting their car serviced, the opportunity to shop for a broad array of merchandise beyond wiper blades and light bulbs with up to thirty linear feet of shelf display, or a place to just sit, relax and converse with other customers with a cup of fresh coffee. In addition, for the customer who is in a hurry and can't wait for the job to be done, our valet service will provide them with transportation to and from work or home."
"As a means to accelerate development, Speedemissions will not be in the real estate business but rather will be working with several of its current landlords to become partners in the project. We expect to open 2-4 Express Car Care Café stores in 2014. With respect to the current Speedemissions testing stores, they will, over the course of the year, be rebranded with the Expresso Emissions logo design and colors but will not be converted into Expresso Car Care Café stores because of existing building constraints," added Parlontieri.
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 websitewww.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.