Pricing on New Indian Chief Signals Intent To Compete For Larger Motorcycle Share

indian-silouette Indian Motorcycle, announced it will release the first new Spirit Lake era model during the 2013 annual Sturgis  motorcycle rally, and it will retail for $7,000 less than previous models.

 “We are honored to make today’s important announcements at this time, as it was roughly 112 years ago that the very first Indian Motorcycle prototype was demonstrated to the press on the streets in Springfield, Massachusetts,” said Vice President of Polaris Motorcycles Steve Menneto. “We’re especially proud to reveal that our inaugural model will be the iconic Indian Chief. Riders around the world will be thrilled to know their choice in American motorcycles will now come in the form of an all-new Indian Chief.”

 In addition to announcing the first model to come out of the Spirit Lake, Iowa production plant, pricing for the all-new 2014 Indian Chief will start at an MSRP of $18,999. Inventory is expected to be available at Indian Motorcycle dealerships throughout North America later in the year. Additional Indian Motorcycle dealerships will be opening across the country this summer to accommodate bike demand and service needs.

This pricing sends a clear message that Indian intends to compete for a larger motorcycle share than industry analysts first thought.   It has been widely rumored that Indian would focus on the “luxury” motorcycle market segment with bikes that start in the $25 to $30,000 range.

“When Polaris Industries acquired this brand two years ago, our goal from the outset was to leverage our engineering, manufacturing and operational prowess as a market leader in powersports to design and build a truly exceptional motorcycle that represents the perfect balance of legendary heritage and brilliant, state-of-the-art engineering and technology,” continued Menneto. “All of us at Indian Motorcycle are very proud to offer the 2014 Indian Chief at a starting price of $18,999. We set out to make the power and heritage of this beautiful new bike available at a price point that is competitive and more accessible to people who are looking for authenticity and choice in American motorcycles.”

At this price point, Indian will compete directly with Victory and Harley-Davidson in the large cruiser segment.

 The new Indian Chief will be revealed at the 73rd annual Sturgis Motorcycle Rally in Sturgis, South Dakota, which runs August 3-11, 2013. Specific details on the launch timing will be announced this summer. The Sturgis Motorcycle Rally, the world’s largest motorcycle rally, was started in 1936 by an Indian Motorcycle club, the famed Jackpine Gypsies. Indian Motorcycle is proud to reclaim that heritage and share the historic reveal of the 2014 Indian Chief with the rider community at  the 2013 Sturgis Rally.

 For more information please visit www.indianmotorcycle.com, follow us on Twitter at www.twitter.com/indianmotocycle, and Like Us at www.facebook.com/indianmotorcycle. To learn more about the Jackpine Gypsies, log on to www.jackpinegypsies.com.

ABOUT INDIAN MOTORCYCLE

Indian Motorcycle, a wholly-owned subsidiary of Polaris Industries Inc. (NYSE: PII), is America’s first motorcycle company. Founded in 1901, Indian Motorcycle has won the hearts of motorcyclists around the world and earned distinction as one of America’s most legendary and iconic brands through unrivaled racing dominance, engineering prowess and countless innovations and industry firsts. Today that heritage and passion is reignited under new brand stewardship. To learn more, please visit www.indianmotorcycle.com.

ABOUT POLARIS INDUSTRIES

Polaris is a recognized leader in the powersports industry with annual 2012 sales of $3.2 billion.  Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.

Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands.  Additionally, Polaris continues to invest in the global on-road small electric/hybrid powered vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris and KLIM branded apparel and Polaris accessories and parts.

Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock price index.

Information about the complete line of Polaris products, apparel and vehicle accessories are available from authorized Polaris dealers or anytime at www.polaris.com.

Terry Nesbitt, President, Viper Motorcycle Company Resigns

Auburn, Alabama July 8, 2011– Viper Motorcycle Company (OTCBB: VPW1.OB), a wholly owned subsidiary of Viper Powersports Inc., announced today the resignation and retirement of Terry Nesbitt, veteran employee, President of Viper Motorcycle Company and Director of Viper Powersports, Inc.

According to John Silseth, CEO, “Terry is a co-founder and long time valued employee. It’s been a pleasure to work together all these years. I’m sad to see him leave but wish him the very best. Terry will always be a part of the Viper team”.

Terry Nesbitt, stated, “It’s been a tough decision but it’s time. Having the opportunity to help build Viper into a new American made OEM over the years has been an honor. We are very proud of our accomplishments and believe Viper will continue moving forward and develop into a motorcycle industry force. I want to thank our share holders, dealers and customers as well as everyone involved in supporting our efforts. I continue to wish John and the entire Viper team much luck and continued success”.

Viper Powersports designs, manufactures and markets a line of premium American V-Twin Super Cruiser motorcycles, V-Twin aftermarket engines and other related aftermarket products through an independent dealer network. A joint venture partnership with Ilmor Engineering (www.ilmor.com), provides design, technical development and support for the proprietary 152 cubic inch Viper V-Twin engine, utilizing their 25 years of high-performance engine expertise, ensuring Vipers’ long term success as America’s newest domestic OEM of motorcycles. Viper Powersports and Viper Motorcycle Company’s websites are www.viperpowersports.com and www.vipermotorcycle.com.

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements which do not reflect anticipated or unanticipated events or circumstances occurring after the date of these forward-looking statements.

Z1 Standard Mid Frame System from Wire Plus

Wire Plus Powersports Electronics releases the Z1 Standard Mid Frame System. Specifically designed for Bobber and Chopper style bikes with round oil tanks or springs under the seat with no place to hide anything and engineered with vibration resistant, solid-state breaker technology (the breakers never have to be replaced) and a replaceable start relay that can be purchased at any auto parts store.

Their power modules are submersible waterproof and very compact in size with harnesses that are engineered to be smaller than any other on the market. The lighting control module controls the operation of the front and rear turn signals and provides load equalization and auto cancelling.  It also operates the rear turn signals as brake lights and running lights with one wire hook-up.

The new Z1 Standard Mid Frame System offers the same features as their Z1 Mini Mid Frame System, but comes with a longer billet cover for mounting both the Z1 power module and the lighting control/auto-cancel module in one compact location. Measures 3.67 ” W x 2.21” H x 1.10”

WP181: Mid Frame system with harness for stock style handlebar controls. Includes a separate breaker and wiring for correct connection of compression releases needed for big inch motors. (Lighting control module included)

For those interested in obtaining more information on Wire Plus, you can reach them at (620) 221-2417 or check them out online at www.wire-plus.com or email them at sales@wire-plus.com.


Viper Moves From Minnesota to Alabama

AUBURN, Ala. Aug. 10, 2010 – The Viper Motorcycle Company (OTCBB: VPWI) is announcing its plans to begin manufacturing motorcycles in Auburn, Alabama. The Company will move its operation from Minnesota to Auburn as soon as possible with full production beginning in 2011.  A brand new facility in Auburn Technology Park West will become the new headquarters and production facility for Viper Motorcycle Company. Company officials expect the creation of 100 new jobs in Auburn over the next two years.

Viper Motorcycle Company, a subsidiary of Viper Powersports, produces high performance, super cruiser motorcycles for bike enthusiasts. The motorcycles are produced with over 80% of proprietary parts designed and manufactured by Viper. “The Auburn facility and community support places us in a position to achieve our annual goal of 2000 motorcycles and 2000 aftermarket engines within 5 years,” added John Silseth, CEO of Viper Powersports.

Company officials say the timing is ideal to relocate their operation and that Auburn has all of the assets for the Company to expand and satisfy the increased demand. “The market is ready for a new original equipment manufacturer to be a leader in the super cruiser niche,” said Terry Nesbitt, President of Viper Motorcycle Company.

Andrew Broadley, Technical Director of Viper Motorcycle Company sees the proximity to Auburn University as an opportunity to integrate a wealth of knowledge and expertise from students and faculty. “The ability to develop a relationship with such a high-quality University is of particular interest on the technical side, which will allow us to expand our research and development capability towards new projects,” said Broadley.  The company sees unique opportunities for creative students to be involved in design and engineering.

State Representative Mike Hubbard and Governor Bob Riley assisted in recruiting the Company to Alabama.  Both had seen the product prior to its official launch.

Governor Bob Riley congratulated Auburn on this exciting economic development news. “This is a great win for Auburn and really for our entire state.  We’re proud to welcome Alabama’s latest economic development success to Alabama and look forward to a long and productive relationship with Viper.  I know I’m definitely looking forward to seeing those bikes that will be built in Alabama out on the road,” stated Governor Bob Riley.

State Representative Mike Hubbard welcomed the new company to Auburn.  “The company was attracted to the area because of its excellent conditions including skilled personnel, a diverse manufacturing base, Auburn University, and the local quality of life,” Hubbard said.

Auburn City officials say the announcement is good news for the local economy.  “We are proud to bring in another dynamic company that will provide Auburn citizens with good paying jobs, while diversifying our local manufacturing base,” Mayor Bill Ham said.  ”It’s exciting that such a unique product, to be sold across the country and abroad, will be manufactured in Auburn.”