Strong Interest in Motor Sports Vehicles at Expo Highlights
Strategic Business Expansion and Growth Opportunities in
2025
GARLAND,
Texas, Oct. 24, 2024 /PRNewswire/ -- Massimo
Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and
distributor of powersports vehicles and pontoon boats, made a
notable impact at this year's Equip Exposition, the largest annual
gathering for professionals in landscaping, hardscaping, and
contracting, showcasing Massimo Motor's lineup of rugged, versatile
vehicles.
Every October, landscapers, hardscapers, manufacturers,
contractors, and dealers travel to Louisville, Kentucky, to network with other
professionals and to test-drive the latest products. This four-day
event which took place October 15-18,
featuring 1,000 exhibits and hundreds of educational opportunities,
provides attendees with new ideas, better techniques, and hands-on
demos of cutting-edge products, tools, software, and strategies
from innovative suppliers, vendors, and manufacturers.
Massimo Motor displayed its lineup of rugged, versatile vehicles
that embody the company's commitment to quality and innovation at
the Expo. Massimo Motor's presence at the Expo also served as a
launchpad for new business relationships, which Massimo believes
lays the foundation for future revenue growth. The company engaged
with several potential new dealers, discussing opportunities that
could enhance Massimo's distribution network and increase market
penetration.
"With over 28,000 attendees, the Expo provided a valuable
platform to solidify the brand's position in key markets and
present to investors," said David
Shan, Founder, Chairman & CEO of Massimo. "Among the
full product line on display, two standouts attracted significant
attention: the T-Boss 1000 UTV and the GKD 350 Go Kart. Positioned
prominently at the entrance of the main hall, the T-Boss 1000 drew
large crowds, offering a glimpse into the future of utility
vehicles for both professional and recreational use. The new GKD
350, a rugged two-seater go-kart, also captivated attendees,
combining retro style with modern technology, making it a favorite
among young people and outdoor enthusiasts.
"We continue to leverage new partnerships, product innovation,
and an expanding customer base to drive our strategic business
expansion and growth prospects. We are committed to delivering
value as we scale operations and broaden our reach in domestic and
international markets. From the feedback from this exhibition, we
are confident in the growth prospects for the first half of 2025 as
the introduction of new products and distribution relationships is
expected to present significant opportunities during this period,"
concluded Shan.
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor
of powersports vehicles and pontoon boats. Founded in 2009, Massimo
Motor believes it offers some of the most value packed UTV's,
off-road, and on-road vehicles in the industry. The company's
product lines include a wide selection of farm and ranch tested
utility UTVs, recreational ATVs, and Americana style mini-bikes.
Massimo Marine manufacturers and
sells Pontoon and Tritoon boats with a dedication to innovative
design, quality craftsmanship, and great customer service. Massimo
is also developing electric versions of UTVs, golf-carts and
pontoon boats. The company's 376,000 square foot factory is in the
heart of the Dallas / Fort Worth
area of Texas in the city of
Garland. For more information,
visit massimomotor.com and massimomarine.com.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering and the use of proceeds thereof. In some cases, you
can identify forward-looking statements because they contain words
such as "anticipate," "believe," "estimate," "expect," "intend,"
"may," "predict," "project," "target," "potential," "seek," "will,"
"would," "could," "should," "continue," "contemplate," "plan," and
other words and terms of similar meaning. These forward-looking
statements include information concerning statements regarding
future cash needs, future operations, business plans and future
financial results; and any other statements that are not historical
facts. No assurance can be given that the proceeds of the offering
will be used as indicated. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of
Massimo, including those set forth in the "Risk Factors" section of
Massimo's Registration Statement on Form S-1 for the initial public
offering filed with the SEC. Copies are available on the SEC's
website, www.sec.gov. Massimo undertakes no obligation to update
these statements for revisions or changes after the date of this
release, except as required by law.
Company
Dr. Yunhao
Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com
Investor Relations
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us
View original content to download
multimedia:https://www.prnewswire.com/news-releases/massimo-demonstrates-innovation-and-growth-potential-at-the-2024-equip-expo-in-louisville-ky-302285090.html
SOURCE Massimo Group