ATLANTA, GA--(Marketwired - May 6, 2014) - Speedemissions, Inc. (OTCQB: SPMI), a leader in the vehicle emissions and safety inspections industry, with 43 locations in Atlanta, Houston, St. Louis and Salt Lake City, and the developer of CARbonga-SRI and CARbonga, the revolutionary automobile diagnostic iPhone apps, announced today it will be offering retail customers an automobile manufacturer safety recall history for their make and model dating back to 1996. In addition, the information will be available at the Company's new automobile manufacturer safety recall data web site, www.BuyCarSafety.com.
The comprehensive report titled the "Vehicle Information System Report" ("VISR"), and powered by CARbonga, highlights the complete safety recall history of the make and model describing in detail the following important points:
1. Component - identifies the item(s) being recalled
2. Defect Summary - provides details on the defective item/system
3. Consequence Summary - clearly defines what happens if not corrected
4. Corrective Summary - outlines the measures required by the dealer to fix the safety recall item
The report also provides the steps required to determine if the automobile has ever been recalled for a safety issue that can affect the operation of the car. The VISR allows vehicle owners to be proactive in obtaining critical information on the history of their vehicle, allowing them to seek remedy, counsel and repair before any potential threatening malfunction or hazardous event occurs.
"To put the real value of the Vehicle Information System Report in perspective, understand that there are over 250 million vehicles on the road in the U.S. You should also know that in a February 2014 report by the National Highway Transportation Safety Administration there were 632 recalls issued in 2013 totaling 22 million vehicles - but incredibly, the 18 largest automakers noted there were only 184 recalls," stated Rich Parlontieri, President and CEO of Speedemissions.
"Going one step further, for the five-year period of 2009-2013, NHTSA reports that nearly 90 million vehicles were recalled with some makes and models having as many as 14 recalls over a 10-year period. And in 2011, all 18 of the major automobile manufacturers had one or more of their models recalled," added Parlontieri.
To view a VISR sample report, visit: https://www.buycarsafety.com/demo/reportdemo.html
Speedemissions can now offer their customers, which last year amounted to almost a quarter million, and any other car owner one who visits the www.buycarsafety.com website, quick and accurate answers to the following questions, "Has my vehicle ever been recalled and what dangers could I be facing?" In a matter of minutes the customer will get essentially everything they need to know about the recall status of their car. At a minimal cost, the VISR provides not only the benefit of safety recall status, but has the added feature of giving consumers the number of TSBs (Technical Service Bulletins) issued on that make and model.
"We've been diligently working to find a solution that brings the CARbonga-SRI app file to the everyday market. The VISR, offered through our www.buycarsafety.com website, does just that. Plus, in light of what has transpired with the manufacturer recalls in just the early stages of 2014, we are very encouraged by what this forward-thinking initiative can mean to the Company," said Parlontieri.
ABOUT SPEEDEMISSIONS, INC.
Speedemissions, Inc., based in Atlanta, Georgia, is a national brand offering customers quick and efficient emission testing and/or safety inspection as required by law. The Company is in the Atlanta, GA, Houston, TX, Salt Lake City, UT and St. Louis, MO markets. The Company has expanded its business model through its newly introduced Speedemissions Car Care Stores and Speedemissions Car Care franchise unit. Speedemissions hopes to be among the first companies to offer its customers quick and efficient vehicle emissions testing and repair services.
For more information, visit: www.speedemissions.com
Speedemissions, Inc. owns and developed the CARbonga line of apps for smart phone users. CARbonga is the first app which allows the average person to detect automotive car problems for their own vehicle or when buying a used vehicle. The CARbonga-SRI app provides a quick and easy way for consumers to stay on top of the safety of their vehicle by providing the most current safety-related recalls and service bulletins for their vehicles.
For more information, visit www.carbonga.com and for CARbonga news updates follow @CarbongaApp on Twitter.
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FORWARD LOOKING STATEMENTS
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to market acceptance for Speedemissions' products and services, its ability to succeed in increasing revenues in the near term to attain profitable operations and generate sufficient cash flow from operations, the effect of new competitors in its markets, its integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission, including Speedemissions' Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and current reports on Form 8-K which are available at the SEC's website www.sec.gov. Other factors not currently anticipated may also materially and adversely affect Speedemissions' results of operations, financial position, and cash flows. There can be no assurance that future results will meet expectations. While Speedemissions believes that the forward-looking statements in this news release are reasonable, the reader should not place undue reliance on any forward-looking statement. In addition, these statements speak only as of the date made. Speedemissions does not undertake, and expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
- Automotive Industry
- Salt Lake City