- MR. O'BRIEN'S STATEMENTS THAT THE TA TRUCK SERVICE COMMERCIAL TIRE NETWORK HAS MORE BRANDS OF TIRES AND EXPANDED DELIVERY CHANNEL CAPACITY MAY IMPLY THAT TA'S SALES OF TIRES AND/OR PROFITS MAY INCREASE IN THE FUTURE. IN FACT, TA'S FUTURE SALES AND PROFITABILITY WILL BE DETERMINED BY MANY FACTORS INCLUDING CUSTOMER DEMAND FOR PRODUCTS, TA'S ABILITY TO CONTROL EXPENSES, TA'S ABILITY TO COMPETE WITH OTHER SELLERS OF TIRES, TA'S ABILITY TO SOURCE THE BRANDS OF TIRES DESIRED BY ITS CUSTOMERS AT ALL, OR AT PRICES THAT MAKE PROFITABLE SALES POSSIBLE, AND OTHER FACTORS WHICH ARE BEYOND TA'S CONTROL SUCH AS THE ECONOMY'S GENERAL CONDITIONS. THERE IS NO ASSURANCE THAT TA'S FUTURE PROFITS WILL INCREASE, AND, IN FACT, TA MAY EXPERIENCE FUTURE LOSSES.
TravelCenters of America LLC (TravelCenters), operator of the TA® and Petro Stopping Centers® travel center brands, announced today the formation of the TA Truck Service Commercial Tire Network™. TA has been a leader in the truck stop tire business for over 40 years. The TA Truck Service Commercial Tire Network allows TA to meet increased customer demand for flexible, efficient sourcing of commercial tires. "We have significantly expanded the ways in which we may sell tires and the tires that we may sell to our customers," said Tom O'Brien, president and CEO of TravelCenters. "In addition to our traditional retail and 'national account' offering, we have already added tire brands, including Cooper Tire Roadmaster®, Goodyear Marathon® and Kelly®, and expect to add others soon, including BF Goodrich®, Pirelli® and Formula® by Pirelli. We have also expanded the array of tire brands available through both our RoadSquad™ emergency roadside service and our growing OnSITE™ mobile maintenance service. Many of the tires in our line up will now also be available for pick-up by customers, delivery at customer locations and through direct sales. We believe that the TA Truck Service Commercial Tire Network™ is the largest independent commercial tire dealer in the United States, and that we have assembled a leadership and dedicated sales team to bring the combination of wide product choice, flexible delivery/install capability, and competitive pricing to our customers that may be unparalleled in the commercial tire business." About TA Truck Service™ and TA Truck Service Commercial Tire Network™TA Truck Service technicians are distinguished by more than 2,000 ASE certifications. The TA Truck Service network includes 243 truck service facilities, 1,079 repair bays, nearly 3,000 technicians, more than 1,600 RoadSquad Connect™ emergency roadside assistance vehicles and a growing fleet of OnSITE™ mobile maintenance vehicles. About TravelCenters of America LLCTravelCenters of America LLC (TravelCenters), headquartered in Westlake, Ohio, conducts business in 43 states and Canada, principally under the TA® and Petro Stopping Centers® travel center brands and the Minit Mart® convenience store brand. For more information on TravelCenters, TA, and Petro Stopping Centers, please visit www.ta-petro.com. For more information on Minit Mart, please visit www.minitmart.com. WARNING CONCERNING FORWARD LOOKING STATEMENTS THIS PRESS RELEASE CONTAINS STATEMENTS THAT CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. WHENEVER TA USES WORDS SUCH AS "BELIEVE," "EXPECT," "MAY," "ALLOW" OR SIMILAR EXPRESSIONS, TA IS MAKING FORWARD LOOKING STATEMENTS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON TA'S PRESENT INTENT, BELIEFS OR EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTAINED IN OR IMPLIED BY TA'S FORWARD LOOKING STATEMENTS AS A RESULT OF VARIOUS FACTORS. AMONG OTHERS, THE FORWARD LOOKING STATEMENTS OR IMPLICATIONS WHICH APPEAR IN THIS PRESS RELEASE THAT MAY NOT OCCUR INCLUDE: