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Cycle Country Announces Sale Of Its Perf-form Product Line

Cycle Country Accessories Corp. (AMEX:ATC), the world leader in ATV and UTV snow plows and accessories, announced that they have sold the Perf-form brand to the original founder – Doug Koelfgen.

Reaching a final agreement with the original owner of Perf-form oil filters, Tony Petersen – Vice President of Sales for Cycle Country says; “Doug Koelfgen was the original founder from whom Cycle Country purchased the business in 2002 and we felt selling it back to him was and is the best move for our Perf-form customers.” Petersen further commented, “Under the terms of the purchase agreement, he received all of the brand assets including the extensive finished goods and raw material inventories, and all equipment, tooling and intellectual property necessary to operate. Mr. Koelfgen is going to operate Perf-form out of Spearfish, SD and, with his years of experience with these products, he expects to be in full production within 90 days. He has the knowledge and passion to continue expanding the product line to meet the expectations of the customers.”

About Cycle Country Accessories Corporation

Cycle Country is the recognized industry leader in the innovation, design, sales, and manufacturing of custom fitting accessories for utility and all-terrain vehicles (UTVs and ATVs), under the brand name of Cycle Country Accessories. Products include snowplows, mowers, 3-point hitches and implements, storage boxes and baskets, bed lifts, brush guards and more.

Cycle Country offers a complete line of plastic wheel covers through its Plazco subsidiary.

In addition, the company provides metal fabrication and contract manufacturing services to several large original equipment manufacturers (OEM’s) through its Imdyne division.

Copyright Business Wire 2010

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