Ocean Bio-Chem, Inc. Star Tron(R) Sponsorship of "Orange Crush" Racing Team
FORT LAUDERDALE, FL -- (Marketwire) -- 02/14/13 -- Ocean Bio-Chem,
Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of fuel
additive, appearance, performance, and maintenance products serving
the marine, automotive, power sports, recreational vehicle and
outdoor power equipment markets, doing business as Star brite(R) and
Star Tron(R), is pleased to announce the sponsorship of racing car
driver Greg Ira's "Orange Crush" Datsun 240Z. He has just won at the
Sebring International Raceway, one of the world's most famous
speedways. Ocean Bio-Chem fuel additive Star Tron(R) sponsors Mr.
Ira's racing team and his car. Our Star Tron(R) logo is prominently
displayed across the windshield of Mr. Ira's 240Z.
"We believe that promotion is vital in introducing our quality
products to racing and car enthusiasts," said Gregor M. Dornau,
Executive Vice President - Sales & Marketing. "That is why the
Company sponsors an emerging race car star and we are pleased to
announce Greg's success putting Star Tron(R) in the winner's circle."
"Star Tron(R) RACING helps build awareness for our superior Star
Tron(R) fuel additives and Star brite(R) products," Mr. Dornau said.
"The car is seen by a large number of consumers who represent the
ideal demographic for Star Tron(R). As an example, the Sebring 12
Hour event draws a crowd of 125,000 plus millions more all over the
world watching on TV. These are enthusiasts who are actively looking
for products that will boost the performance and reliability of their
cars, motorcycles, trucks and boats. In addition to Sebring, the car
also competes at other major events including Virginia International
Speedway, Road Atlanta, Homestead Speedway and more, all of which
typically draw crowds of 50,000 or more per race plus huge numbers of
TV viewers. The car has appeared in major magazines and gets a lot of
newspaper and internet coverage as well from every event run. Orange
Crush is a great billboard for Star Tron(R) and is helping us
increase product awareness."
"The fact that we are backing a winner makes this all the more
rewarding for the Company and its investors."
Greg Ira is an accomplished driver and winner of the Sp
orts Car Club
of America's most notable driver award, a prestigious honor given
previously to Peter Revson, Paul Newman, Mark Donahue and Roger
Penske. He is President of Revtec Race Engineering and information
about Mr. Ira and videos of his "Orange Crush" can be found at
"We are very pleased to be associated with Star brite(R), whose
products I know very well from a lifetime of boating. The Company
represents the cutting edge technology that we rely on as we campaign
a 30-year-old car against brand new models. Often, we, including Star
Tron(R), go home with the checkered flag," Mr. Ira says.
About Ocean Bio-Chem, Inc.:
Ocean Bio-Chem, Inc. is principally engaged in the manufacturing,
marketing and distribution of a broad line of appearance and
maintenance products for boats, recreational vehicles, automobiles,
power sports, outdoor power equipment and motorcycle markets under
the Star brite(R) StarTron(R) and other trademarks within the United
States of America and Canada. In addition, the Company produces
private label formulations of many of its products for various
customers and provides custom blending and packaging services for
these and other products. It manufactures its products in a 300,000
sf facility in Montgomery, Alabama, from which they are distributed
across the globe.
The Company headquartered in Fort Lauderdale, Florida, trades
publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.
The Company's web sites are: www.oceanbiochem.com, www.starbrite.com
Certain statements contained in this
Press Release including without limitation expectations as to future
sales and operating results, constitute forward-looking statements.
For this purpose, any statements contained in this report that are
not statements of historical fact may be deemed forward-looking
statements. Without limiting the generality of the foregoing, words
such as "believe," "may," "will," "expect," "anticipate," "intend,"
"could" including the negative or other variations thereof or
comparable terminology are intended to identify forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Factors that may affect these
results include, but are not limited to, the highly competitive
nature of our industry, reliance on certain key customers, changes in
consumer demand for marine, recreational vehicle and automotive
products, advertising and promotional efforts, exposure to market
risks for changes in interest rates and in foreign exchange rates,
and other factors.
CEO and President
Vice President & CFO
E & E Communications
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