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CapSource Financial, Inc. Taking Advantage of NAFTA |
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News Release
For Immediate Release - November 29, 2005 Company Web Site: www.capsource-financial.com CapSource Financial's RESALTA Subsidiary Unveils New Curtain Side Beverage Trailer at Mexican Transport Exposition (Boulder, Colorado) CapSource Financial, Inc. announced today that it introduced an all new, all aluminum, curtain side beverage trailer at Expo Transporte ANPACT 2005 in Guadalajara, Mexico. The trailer was designed by engineers at Fontaine Trailer Company and Roll-Tite Inc.with significant input from beverage manufacturers in Mexico. The new trailer is unique in both design and strength and is the subject of three U.S. patents. While weighing only 10,100 pounds, the beverage trailer has a payload of over 66,000 pounds. CapSource's Mexican subsidiary, RESALTA, has exclusive rights to market the newly designed beverage trailer in Mexico under agreement with Fontaine.
RESALTA, CapSource's Mexican trailer sales subsidiary, also introduced a new hi-cube dry van trailer manufactured by Hyundai at the Expo Transporte. RESALTA is the exclusive dealer for Hyundai trailers in Mexico. Fontaine Trailer is headquartered in Haleyville, Alabama and is a Marmon Highway Technologies company. Marmon Highway Technologies companies are members of The Marmon Group, an international association of manufacturing and service companies. Roll-Tite Inc., the leading supplier of soft side assemblies with plants in Kentucky, Ohio, Texas and Ontario, Canada, introduced the original flat deck retractable tarping system in North America.
CapSource Financial, Inc. was incorporated in 1996 to take advantage of the North American Free Trade Agreement (NAFTA) and the increased economic activity that NAFTA triggered when the world's largest free trade area was created by linking 406 million people in Mexico, the U.S. and Canada producing more than $11 trillion worth of goods and services. Mexico is now the United States' second largest trading partner with an average of $650 million in goods crossing the border each day. U.S. trade with Mexico has increased nearly 500 percent - from $48 billion to $239 billion since the passage of NAFTA. The vast majority of this trade moves by truck. CapSource owns and manages a lease/rental fleet of over-the-road truck trailers and related equipment through its REMEX subsidiary and sells trailers under an exclusive relationship with Hyundai through its RESALTA subsidiary. Both REMEX and RESALTA are based in Mexico City. CapSource's common stock trades on the electronic bulletin board under the symbol CPSO. Certain matters discussed within this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although CapSource Financial, Inc. believes the expectation reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to differ materially from our expectations include financial performance, changes in national economic conditions, economic conditions in Mexico, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports.
For additional information contact: CapSource: Fred Boethling at (888) 574-6744; visit the companys website: www.capsource-financial.com. |