News Column

The Saleen 351 Goes Public

Jul 8 2013 12:00AM

Marketwire

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CORONA, CA -- (Marketwired) -- 07/08/13 -- Saleen Automotive Inc. (OTCBB: SLNN), an American niche manufacturer of lifestyle ultra-high performance vehicles, technical performance parts, lifestyle accessories and apparel, has created quite a roar with its flagship Mustang offering, the Saleen 351, which is now underway for production.

"The amount of detail that we had to put in this vehicle is astounding," said Steve Saleen. "I feel our team has struck the perfect balance of design, technology, and [of course] power."

Saleen has been taking preorders for the 351 since its debut, and shortly after the unveiling of the prototype at the Knott's Ford Show in Southern California is moving forward into production.

In true Saleen style, the 351 completes the trifecta of Speed, Science, and Style. Pounding out 700 hp and 655 ft-lb of torque on a supercharged 351 cubic inch V8, the Saleen 351 is rounded out by its distinct Saleen aerodynamics and Red Butterfly Center Ram Air Induction system.

Available in both Hardtop and Convertible, orders for this and other Saleen vehicles can be placed at Saleen dealers nationwide, or by contacting Saleen directly for a personalized ordering process which concludes at the nearest Saleen Authorized Dealership. For more information visit www.saleen.com.

On Friday July 5th, Saleen Automotive Inc. also announced FINRA approval to change their ticker symbol from (OTCBB: WSTY) to (OTCBB: SLNN) and completion of the official name change from W270 Inc. to Saleen Automotive, Inc. More information about this announcement and other Saleen investor news can be found here.

About Saleen Automotive, Inc.

Saleen is an American niche manufacturer of lifestyle ultra-high performance vehicles, technical performance parts, lifestyle accessories and apparel. With more than 30 years of automotive heritage, Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.

Safe Harbor Statement

This release contains statements that constitute 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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Saleen Automotive, Inc., its directors or its officers with respect to, among other things: (i) product plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Saleen Automotive, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Saleen Automotive, Inc.'s filings with the Securities and Exchange Commission.



Contact:
Media Contact
Molly Saleen
+1-714-400-2121

Investor Contact
Daniel Minton
+1-406-862-5400





Source: Marketwire


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