US Highland In Talks With Global OEM
It appears US Highland is not only busy prepping it’s factory quality 450 and 950 cc motorcycles and 450 quads for sale in the United States. They are also in talks with a “large global OEM” for US Highland to manufacture bikes to be re-branded by this OEM.
The agreement is “tentative” so nothing is final but we will try to bring you more information. Looks like Highland changed their website a lot recently so have a look.
Hit the break to read the press release.
US Highland (OTC.BB:UHLN – News) announced today that management has reached a tentative agreement with a large global OEM for the license of Highland motor technology and is in joint venture discussions for the manufacture of privately branded motorcycles. These agreements could extend US Highland global sales beyond 20,000 units per year and result in an exponential increase in US Highland’s revenue stream within the next two years.
US Highland, Inc. is a US-based designer and manufacturer of high performance, premium quality Motocross, Supermoto, Quad and Enduro motorcycles. Highland’s remarkably light, robust and powerful engine platform has drawn the attention of several significant global brands. “Highland is in a very strong position with complete engine and fuel injection technology. Our engine and fuel system designs are unique and patent application processes to protect our growing suite of Highland IP is proceeding well. This gives our potential partners confidence,” states Mats Malmberg, President of US Highland, Inc.
For additional information concerning US Highland Inc. visit www.ushighland.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.