Speedemissions, Inc. CEO Featured in Exclusive QualityStocks
Interview
SCOTTSDALE, AZ--(Marketwired - Feb 25, 2014) - QualityStocks
today announces that a new audio interview with Speedemissions,
Inc. (OTCQB: SPMI) president and CEO Rich Parlontieri is now
available. The interview can be heard at
http://www.qualitystocks.net/interview-spmi.php.
Speedemissions operates 43 vehicle emissions testing and safety
inspection stations under the trade names of Speedemissions and
Auto Emissions Express; Mr. Sticker; and Just Emissions. As one of
the largest test-only emissions testing and safety inspection
companies in the United States, Speedemissions is well positioned
in a $2.5 billion market where 87 million vehicles are tested
annually on emissions quality. The company's proprietary technology
application, "CARbonga," diagnoses an automobile's computer system
using the on-board diagnostic port on vehicles that were produced
since 1996.
Parlontieri starts the QualityStocks interview by detailing
Speedemissions' business market and evolving business model.
"We're in an industry that's mandated in 32 states under the
Clean Air Act that had been revised from 1970, and we're a business
that prides itself on speed and convenience of getting the
customer's car done quickly, efficiently and effectively so they
can get to the tag office and renew their license plates. But our
model is changing... because the industry is changing. And we have
worked on changing the business model, not deserting the core
business of course. When you have 43 stores you're generating about
250,000 emission customers in those four states, obviously it's a
very solid and very proficient business with a long history...,"
says Parlontieri.
Speedemissions was founded 14 years ago and has grown under the
leadership of Parlontieri and several other key members of
executive and general management with a wide range of relevant
experience, as explained by Parlontieri.
Also discussed is the company's expansion into the automotive
technology market with the development of mobile apps, namely the
CARbonga diagnostic tool.
"It's something that we think can really provide for us a
tremendous upside, long-term opportunity," Parlontieri says in
describing how and why the technology was created and its value to
consumers and the broader automotive technology.
Looking ahead, Speedemissions has laid the foundation for
franchise expansion and innovation in 2014, leveraging successes of
the previous year.
"First of all we're going to continue to stay with the core
business and look for opportunities to expand that, that piece of
the business model ... late last year -- or mid-year -- we signed
an agreement to go into a new market that we're working on that we
have the potential to open 24 emission only testing stores in a
brand new market for us that we're very, very excited about that
has a lot of upside potential and would allow us to expand into not
just one state but probably two or three other states on top of
that ...," Parlontieri says.
The interview also provides insight into the company's recent
rebranding for its repair facilities and emissions stores, Espresso
Car Care Café and Espresso Emissions.
About Speedemissions, Inc.
Speedemissions, Inc., based in Atlanta, Georgia, is a national
brand offering customers quick and efficient emission testing
and/or safety inspection as required by law. The Company is in the
Atlanta, Ga., Houston, Texas, Salt Lake City, Utah, and St. Louis,
Mo., markets. The Company has expanded its business model through
its newly introduced SpeedEmissions Car Care Stores and
SpeedEmissions Car Care franchise unit. Speedemissions hopes to be
among the first companies to offer its customers quick and
efficient vehicle emissions testing and repair services.
Speedemissions, Inc. owns and developed the CARbonga line of
apps for smart phone users. CARbonga is the first app which allows
the average person to detect automotive car problems for their own
vehicle or when buying a used vehicle. The CarBonga-SRI app
provides a quick and easy way for consumers to stay on top of the
safety of their vehicle by providing the most current
safety-related recalls and service bulletins for their
vehicles. www.carbonga.com
For more information on Speedemissions, Inc. visit:
http://SPMI.qualitystocks.net/
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Forward-Looking Statements:
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 or 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
evaluating 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.
Contact: QualityStocks Scottsdale, Arizona
www.QualityStocks.com 480.374.1336 Editor@QualityStocks.net
Speedemissions, Inc. Investor Relations 888.802.2742
IR@Speedemissions.com
Speedmissions (CE) (USOTC:SPMI)
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