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.