Stocks & Investing
Stocks and Investing
Stocks and Investing 
Mon, August 17, 2009
Sun, August 16, 2009
Fri, August 14, 2009
Classic Costume Company, Inc.: Classic Costume Company, Inc., Announces Plans to Change Company Name to "Electric Car Comp
SPRINGFIELD, MO--(Marketwire - August 14, 2009) - Classic Costume Company, Inc. (
Management sees exciting opportunities in alternative power transportation and plans to bring together businesses specializing in customizing vehicles and powertrains resulting in a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to "pure electric" vehicles, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.
The Company fully expects to have the first zero emissions, "pure electric" livery vehicle ready to unveil by first quarter, 2010. Our long-term strategy is to offer a line of products that will revolutionize the specialty automotive vehicle market.
Due to Federal and State grants being made available to companies in the transportation and energy industries, CCUC feels strongly that now is the time to pursue opportunities and acquisition candidates that will support our goals and to capitalize on the growing market demand for a cleaner and more efficient form of transportation that will drastically reduce our country's dependence for fossil fuels.
In a related event, The Company announces that Management is attending a meeting today in Springfield, MO. relevant to the Clean Cities FY09 Petroleum Reduction Technologies Projects for the Transportation Sector sponsored by the Department Of Energy. Further details of this event will be announced in the very near future.
Mr. Gary Spaniak Jr., Chief Executive Officer for Classic Costume Company, Inc. states, "We are very excited about the direction this Company is taking and how it will benefit our shareholders." Mr. Spaniak continues by stating, "We have researched this market sector extensively and based on the opportunities presented to us we feel this Company could be poised for explosive growth."
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties.
All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.