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Featured Company

Patriot (PMCY.PK),
Patriot's mission is "to be the first to build brand identity, market, sell and service a high-quality Chinese-manufactured line of off-road motorcycles, all-terrain vehicles, watercraft and other motorized products." Beyond dirt bikes and ATV’s, the Company's other products, such as street bikes, personal watercraft, powerboats, marine engines, power generators and specialty clothing, are in various stages of development. These new products will be built in China and give the Company a significant cost advantage. All of Patriot's bikes and ATV’s are accompanied by a guarantee of up to five (5) years, which the Company sees as a testament to the quality and growing acceptance of its products amongst U.S. consumers.

While the dirt bike and ATV markets are well established in the
United States and many foreign countries, Patriot intends to enlarge the size of these markets by attracting new, first-time buyers -- youths, women, families and seniors -- by offering affordable pricing on quality products. As Patriot expands into other large and well-established markets, such as personal watercraft, powerboats and street bikes, the Company believes it can attract sales from competitors and increase the overall size of these markets by introducing consumers to less-expensive recreational products.

 

   

Yamoto by Patriot,
At the present time, over 430 U.S. dealers sell Patriot dirt bikes and ATV's and are in various stages of becoming authorized Patriot dealers. At the current pace of new dealer applications, the Company believes that it will have a network of 600 authorized dealers by the end of fiscal 2005. Its goal is to have 1,500 dealers by the end of fiscal 2006 and 2,500 by the end of fiscal 2007. Because of Patriot's quality, reliability, affordability and significantly higher margins for authorized dealers, established motorcycle dealers are receptive to carrying Patriot's line.

Patriot has assembled a senior management team that includes veterans of the motorcycle industry, INDY car racing, public and investor relations, sales and marketing and accounting and finance. Patriot's CEO, Michel Attias, brings to the Company 23 years of experience with Chinese manufacturers, which has been an important factor behind the strategic direction of Patriot and its reliance on lower-cost Chinese production systems.


 

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