Formerly known as
The role of chief financial officer will be assumed by Jonathan D’Agostino who has a 30-years of experience in finance and consulting. He is a former investment and merchant banker with Lehman Brothers where, among his many accomplishments, he partnered with Nobel Prize winner, Professor
After co-founding
Heading up the vital role of executive director of operations and homologation is
Lock was a professional baseball player in the
“Trust is absolutely vital among the key executives when you are launching a new product into a rapidly growing market.” said
“We each know how the others think, and I am delighted to have such a cohesive team as we introduce the Arium SEV to the North American market which will be our most exciting project yet,” continued Wagner.
Invitations have already been received for the newly formed executive team to meet with Skywell executives in
Media inquiries should be directed to:
E. alan.wagner@liteborne.com
About
The company released its own proprietary and patented GPS Fleet Management System under the Vantage TAG Systems (VTS) brand, a wholly owned subsidiary. The VTS system is modular, so the customer has the flexibility to build a completely customized solution depending on the requirements of the operation. The system can be implemented with or without a range of displays from the efficient TEXT to the high-definition INFINITY. For utility vehicles there is the TAG TURF.
Golf courses use VTS's unique technology to significantly reduce operational costs, improve efficiency, profitability, and enhance the golfer’s experience. VTS has grown to become a leader in the category of Fleet Management in the golf industry,
Since the VANTAGE brand is synonymous with advanced management for golf cart fleets, the natural progression is to produce a line of carts that are complementary. The line-up includes both consumer carts for individual purchase, and fleet carts integrated with the VTS fleet management hardware and software to create a point of differentiation in the marketplace. VTS has launched the “V-Club” as its flagship product and is currently under trial with several influential golf courses and is aimed directly at the incumbent providers as a more cost-effective alternative.
In early 2022 the Company acquired the worldwide rights to market the “Shelby” designed golf carts and E-bikes named for the legendary American race car driver. The carts will be marketed to the rapidly growing and lucrative
Additional information is available at http://vantage-tag.com/
About LITEBORNE
About Skywell
Safe Harbor for Forward-Looking Statements
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated", "proposed", "expects", "intends", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.
Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations, dilution, limited history of operations and revenues and no history of earnings or dividends, competition, economic changes, delays in the Company's expansion plans, regulatory changes, and the impact of and risks associated with the ongoing COVID-19 pandemic including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year 2020 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the
Company Contact:
Investor relations / sales
1 604 575 3848 #2
Source:
2022 GlobeNewswire, Inc., source