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Hybrid
Dynamics Corp. (OTCBB: HBDY)
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Breaking *NEWS*
Hybrid Dynamics Corp. (OTCBB: HBDY) had breaking news this morning
*SEE BELOW*
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Breaking *NEWS*
Hybrid Dynamics |
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Press
Release Source: Hybrid Dynamics Corporation
Monday
July 21, 9:30 am ET
Hybrid Motorcycle
Division Announces Revolutionary New Bike
Delaware American
Motors and James DiTullo (aka, the "Puppet") Co-develop
New Super
Tourer, the "Nitro"
PATERSON,
N.J.--(BUSINESS WIRE)--Hybrid Dynamics Corporation (“Hybrid”) (OTCBB:HBDY) subsidiary, Delaware American Motors (“DAM”), announced today that it is
co-developing, along with the legendary drag race fabricator, James DiTullo,
also known as “Puppet”, its latest model, the “Nitro”. The Nitro ushers
in a new genre of motorcycles, the Super Tourer, which integrates the best
aspects of today’s power cruisers with touring comfort and capabilities.
Mr.
DiTullo has been designing and fabricating drag race winning motorcycles
since the 70’s, with numerous Top Fuel, Pro Stock and AHDRA wins to his
name. At one time, his motorcycle held the outright title for the fastest
and quickest bike in the world when Larry McBride did the quarter mile
in 5.78 seconds at 248 mph. Not only world renowned as an exceptional fabricator,
he is also an artist and graphic designer. The Nitro is powered by the
all-new S&S X-Wedge engine —a 56-degree, closed-loop fuel-injected,
three-cam, overhead valve v-twin designed to deliver the performance expected
of an S&S engine, while still complying with EPA laws.
Newly
appointed Hybrid CEO, Steven Radt, said, “We are honored to partner up
with such a motorcycle legend as Puppet. The pairing of our two companies
will give us the chance to offer our customers a bike that will have staggering
performance and stunning design while still giving them a bike that they
can ride with comfort. We are confident that with Jim’s years of race winning
experience and artistic flair, combined with DAM’s meticulous attention
to detail, that the ‘Nitro’ will be a one of kind, history changing motorcycle."
President
Mark Klein, who also heads the Company’s Motorcycle Division, added, “From
the outset, DAM had a desire to align the company with pillars in the motorcycle
fabrication business. Unlike many of the custom bike builders, our mission
is to have proprietary, exclusively-designed chassis and components. A
DAM bike cannot be assembled from a series of catalog items; the parts
are unique to the brand.
“The
motorcycle market is very polarizing at the moment. At the top-end, ‘jack
of all trades’ motorcycles, those that attempt to be all things to all
people, are being left by the wayside. By creating an ultra-high performance
touring bike, we are positioning ourselves to create a product that will
take the touring market to the pinnacle of performance."
The
Nitro, with production expected to be limited to no more than 99 units,
marks DAM’s third motorcycle product coming to market. In addition to the
Nitro, the Tech Twin American 13C, a limited production, hand-built series
corresponding to America’s original 13 colonies, is ready to launch. The
first bike has been built, with the second near completion. The 13C series
will be followed by DAM’s American-based Signature Series, paralleling
the 56 signatures on the Declaration of Independence.
View the entire news release HERE
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About Hybrid Dynamics |
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Hybrid Dynamics Corp. ("Hybrid Dynamics""HBDY") intends to revolutionize
the two-wheel transportation markets with two distinct divisions, each
with its own product lines, target markets and sales strategy: a scooter
division and a premium motorcycle division. Building on
synergistic resources and talents, the Company has or is developing two
unique, strong brands that will emphasize not just the product, but the
lifestyle associated with the product, including apparel and accessories.
With a management team consisting of standouts in their respective fields,
the Company is laying the foundation to make a huge imprint in the industry
through superior quality, creative marketing and strategic relationships
with some of the world’s leading designers and manufacturers. In
short, Hybrid Dynamics is following the two cardinal rules of the industry:
1) Know your market; and 2) Learn from the mistakes of others. Already
the Company is one of only two independent motorcycle manufacturers whose
vehicles are approved by the U.S. Department of Transportation.
Hybrid’s management team has over 35 years in engineering, sales and
operations in the automotive and motorcycle industry. Steven Radt,
the Company’s recently appointed CEO, is a 10-year veteran of Ducati (commonly referred to as the “Ferrari” of motorcycles), where he served
as Director of Sales Planning and Operations for Ducati’s North American
subsidiary. Under his leadership, unit sales grew 120% from 2003 to 2007
and motorcycle revenue more than doubled from $60 million to over $140
million. A publicly-traded Company at the time of Steven’s
tenure, Ducati’s worldwide revenue reached nearly EU 400 million (approximately
USD $630 million) in 2007, a 30.4% increase over 2006 due in large part
to the success Steven helped to achieve in North America.
DAM Motorcycles
Already up and running with the first product off the line, the Company’s
Motorcycle Division has been formed through the recent acquisition of custom,
high-end motorcycle designer and manufacturer, Delaware America Motors (“DAM”). Delaware American’s first series is the Tech Twin American
13C, a limited production, hand-built series corresponding to America’s
original 13 colonies. This series will be followed by DAM’s American-based
Signature Series, paralleling the 56 signatures on the Declaration of Independence.
The Signature Series will have a lower retail price to ignite higher volume
production and sales. DAM is unique in the high-end motorcycle market
in that each of its bikes is designed and fabricated by an industrial designer.
In addition, DAM motorcycles are DOT and NHTSA compliant meaning that production
can be increased without the large expense of reengineering the product.
Also in the works are motorcycles using European engines and the assembly
and distribution of product for other manufacturers.
| HBDY president, Mark Klein, also head of the Motorcycle Division, has
built and sold literally thousands of bikes in his career, including for
such notables as Ralph Lauren and model Tyson Beckford. From humble beginnings
operating a small service facility in 1979, Mark has become one of the
country’s preeminent motorcycle designers, having been featured in such
industry mainstays as Easyriders, Barnett’s Magazine and Motorcycle Production
News (MPN), as well as several international publications, most recently
in France’s Wild Motorcycles Magazine.
In addition, for Ducati he developed the first branded store
in North America located in Manhattan, NY. Mark also served on manufacturer
sponsored Dealer Councils for Triumph, Moto Guzzi, Victory and Ducati,
in which these major manufacturers sought his expertise with respect to
market demand, product aesthetics and sales strategies - further solidifying
his place in the upper echelons of premium motorcycle sales. Mark
has vast knowledge of promotions and sales for both American V-twin product
and high-end European motorcycles. |
DAM’s mission is to become the “Franklin Mint” of motorcycles by fostering
not only collectibility but the ultimate experience for its riders, one
that combines professional racing quality components with the comfort,
high style and unique design that rivals any product currently available.
Even amidst the economic slowdown, a recent article in the Wall Street
Journal Online alluded to the fact that “powerful, opulent, feature-laden
machines” are still in great demand.
Statistics show that the average age of motorcyclists has increased
by approximately seven years over the past decade. As a result, evermore
numbers of motorcyclists are established professionals with disposable
income to spend on their hobbies and collections. Demand has also
been created by the overwhelming popularity of various television shows
such as Biker Build-Off and American Chopper, produced in Orange County,
CA and New York respectively; feature films such as The World’s Fastest
Indian and The Motorcycle Diaries; and even a cable television network
solely devoted to motorsports, SPEEDtv.
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HBDY Product Offering |
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Delaware American Motors, LLC (DAM) was a privately held
and licensed worldwide vehicle manufacturer and motor sports company located
in Paterson New Jersey, Founded in 2002 by owner Mark S. Klein. It is now
part of the Hybrid Dynamics family.
Products include an exclusive line of premium motorcycles, motorcycle
components, and accessories. DAM produces exceptionally high-quality vehicles
through its in-house engineering and assembly systems. DAM has developed
a new global motorcycle promoting American engineering and design with
world-class component suppliers.
DAM is the manufacturer and retailer, effectively distributing our premium
products directly to our customers. As well as manufacturing and assembling
this new motorcycle, DAM is also a full service motorcycle dealership,
offering personalized consultation with our factory trained technicians.
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It's always about the Motorcycle
Delaware American Motors
is proud to introduce the
DAM Tech Twin American Series
Limited Production: FIRST THIRTEEN
MACHINES
As the United States was formed
with the original 13 colonies,
there will be 13 original motorcycles
built to represent each colony.
Each machine is handmade and includes special features.
DAM Tech-Twin American 13C Features Highly developed
DAM APEX chassis:
- No more misaligned rear wheels here
- “Eccentric adjustors placed into the swing-arm
axle - perfect wheel alignment every time”
- Super bike inspired single sided swing arm
- Oil in frame with over 5-quart capacity
- 3-D steering head bracing
FEATURES
- Fork blades made from Chromoly Streamline
Wing-Strut Tubing
- Control arms and triple trees made
from Billet Aluminum
- Front shock developed by Penske
Racing
- World class Brakes
- Superior Suspension Traditional Girder
front-end with modern technology
- Front-Dual Disc with Radial mount four
piston Brembo calipers
- Rear-Radial mount four piston Brembo
caliper
- Billet Engine
- R&R 2 CAM Billet Engine, faster
than any other production engine of similar size.
- Built only from the finest material
and American made parts.
- R&R 2 CAM Billet Engines are are
a work of art, inside and out
- 127 cubic inch engine with 140 horsepower
Built for the genuine performance enthusiast

Hand made from stainless steel tubing featuring an under
chassis NASCAR® styled muffler
DAM
Motorcycles has inventory parts, accessories, for Harley-Davidson®
and American V-Twin Customs
DAM is a full service
motorcycle dealership
offering personalized consultation
with our factory trained technicians
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Hybrid Dynamics in the News |
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Press Release Source:
Hybrid Dynamics Corporation
Tuesday July 1,
9:30 am ET
Former Ducati Executive to Join
Hybrid Dynamics' Management Team
Management Expansion Seen as Key
to Company's Strategy and Growth
AMERICAN FORK, Utah--(BUSINESS
WIRE)--Hybrid Dynamics Corporation (“Hybrid”) (OTCBB:HBDY) today announced that Steven Radt, former Director of Sales Planning and
Operations for Ducati North America will join the Company’s Board of Directors
and has assumed the positions of chief Executive Officer and Treasurer.
Mr. Radt’s sales, marketing and operational expertise, forged from ten
years at Ducati and 14 in the automotive and motorcycle industry is expected
to make an immediate impact on the Company’s strategy and direction.
As Director of Sales
Planning and Operations, Radt was responsible for Ducati’s motorcycle sales
and logistics which included all motorcycle production and product planning,
management of the company’s relationship with GE Commercial and Retail
Finance as well as the development of wholesale and retail sales incentive
programs. Under his leadership, unit sales grew 120% from 2003 to 2007
and motorcycle revenue more than doubled from $60 million to over $140
million. In 2007, Ducati’s world-wide revenue reached nearly EU 400 million
(approximately USD $630 million), a 30.4% increase over 2006 due in large
part to the success Steven helped to achieve in North America.
In addition to his last
position at Ducati, Radt also served as Sales Operations Manager, Areas
Sales Manager and Sales Logistics Manager during his tenure. Previous to
Ducati, Steven was employed as an engineer for Milliken Research Associates,
a company specializing in vehicle dynamics with client such as Chrysler,
Nissan and the NHTSA. He received his Bachelor of Science degree in Mechanical
Engineering from the LC Smith College of Engineering at Syracuse University
where he also was an NCAA Division I assistant coach.
Commenting on the direction
of the Company Radt said “the motorcycle division is rapidly taking on
a life of its own and is close to commercialization. That said, I want
to make it clear to the investment community that Hybrid Dynamics remains
a transportation company and we are committed to hybrid vehicle production,
which we expect to achieve through strategic partnerships with companies
that already have mature, advanced technology.”
Also, it was announced
that Mark Klein, the President of the Company’s recently acquired subsidiary,
Delaware American Motors, Inc., has also joined the Company’s Board of
Directors and has assumed the positions of President and Secretary.
In addition, the Company
has announced it has accepted the resignations of Leonard DuCharme, Paul
Ressler and Darren Jensen. In light of the new direction of the company,
specifically the concentration on the motorcycle division, the former management
team is leaving to pursue other interests. MORE
Press Release Source:
Hybrid Dynamics Corporation
Tuesday May 13, 9:56
am ET
Hybrid Dynamics Closes Acquisition
of Luxury Motorcycle Maker Delaware American Motors
Acquisition Adds Immediate Assets to
the Company
AMERICAN FORK, Utah--(BUSINESS
WIRE)--Hybrid Dynamics Corporation (“Hybrid”) (OTCBB:HBDY) today announced that it has acquired Delaware American Motors, Inc. ("Delaware
American” or “DAM”) in an all-stock transaction upon the issuance of 4,500,000
shares of Hybrid common stock. Delaware American is a high-end, high performance
motorcycle brand whose foundation is based on innovative design, quality
craftsmanship, advanced engineering and custom assembly.
Delaware American’s first
series will be the “Tech Twin American,” a limited edition series corresponding
to America’s original 13 colonies. The Company anticipates unveiling two
production models at S&S Cycle, in La Crosse, Wisconsin, during S&S’
50th anniversary celebration June 27-29, along with some of the best-known
custom bike builders in the world as they come together to compete in the
S&S “50 builder/50 bike” build-off.
Since 2002, DAM’s mission
has been to create the ultimate experience for its riders, one that combines
professional racing quality with the comfort and luxury of high-end touring
bikes. Even amidst the economic slowdown, a recent article in the Wall
Street Journal Online on March 26th alluded to the fact that “powerful,
opulent, feature-laden machines” are still in great demand. Delaware American
has already built custom bikes for some of the world’s most notable riders
and continues to build brand awareness as one of the country’s premier
custom motorcycle manufacturers.
Delaware American’s “Thirteen
Colonies” series will be followed by an additional American-based signature
series with total production expected to exceed 100 bikes in 2009.
Commenting on
officially bringing DAM into the Hybrid Dynamics family, Paul Ressler,
President of Hybrid Dynamics, said, “DAM brings world class design and
prototyping to Hybrid. Their expertise in building high-end, performance
bikes will help Hybrid Dynamics to solidify its position as a manufacturer
of premium products.”
MORE
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Financial Highlights For HBDY |
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(OTCBB: HBDY)
Recent Trade: 0.28 - Avg Vol (3m): 3,603
Estimated Market Cap: 1.65M as of July 21, 2008
Outstanding Shares: 5,896,027 as of April 28, 2008
To view all of Hybrid Dynamics SEC filings, Click
Here
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Company Contacts |
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Hybrid Dynamics Corporation
Phone: 973 279-3261
E-mail:
ir@hybriddynamics.com
http://www.dammotorcycles.com/home.htm
Investor Relations Contact Information
If you are a shareholder, or would
like more information regarding Hybrid Dynamics, please contact:
Randy Lewis, CFA - Investor Relations
818-783-5006
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