TULSA, Okla., Dec. 5, 2011 /PRNewswire/ -- US Highland (UHLN) has announced today they are in the final design stages on an engine for a customer that represents an estimated $30,000,000 sales contract over the next three years.
"This is an exciting development opportunity for US Highland and its shareholders," stated President & CEO John R. Fitzpatrick, III. "For us to be able to come out of the starting gates with this sizable business opportunity is very unique. This is a testament to the vast amount of development work that has gone on before our arrival," he continued. "We are just executing on a relationship that was well established and underway for over a year now and doing what this management team does best," Mr. Fitzpatrick concluded.
With this new opportunity, US Highland will enter 2012 well positioned to deliver game changing technology to an industry starving for advanced technology.
"This management team is just getting warmed up," said Robert Harris, Chairman of US Highland. Mr. Harris went on to say, "This is the first of several sales contract opportunities that are imminent. We are placing a great deal of our top resources and priorities on this project and the results reflect their ability to deliver on our promises."
About US Highland, Inc.
US Highland, Inc., is a US based designer and manufacturer of high performance, premium quality powertrains and motorcycles.
For additional information concerning US Highland visit www.ushighland.com.
Web Site: http://www.ushighland.com
Forward-looking Statement:
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 of 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 evaluation 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.
SOURCE US Highland, Inc.
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