Irvine, California, February 2, 2009 — After announcing it was looking for a buyer in early November, Saleen Incorporated announced today that MJ Acquistions has acquired certain assets of America’s premier automotive lifestyle brand, relating to Saleen’s supercharger, aftermarket and high performance street vehicle businesses.

The transaction reportedly was finalized last Friday, which left all of the employees (including Saleen Inc. CEO Chris Theodore) with the legal formality of being without jobs — at least temporarily. Some hirebacks have already taken place as the transition progresses.

While the terms of the deal were not disclosed, the purchase does not include the assets associated with the supercar (S7 or S5 Raptor vehicles) or the paint operations, which will remain with Saleen Incorporated.

The ownership of MJ Acquisitions controls a family of companies which provide full service engineering, design, manufacturing, assembly and control systems for the automotive industry. It’s affilitated companies include Cyltec, LLC, Power-Tec Engineering, LLC, Arrow Racing Engines, LLC, and Control-Tec, LLC.

“MJ Acquisitions and its affiliates are a group of true car professionals with vast experience in the engineering, production, assembly and distribution of performance and racing vehicles” said Theodore in a press release. “This influx of new life into the Saleen, RaceCraft and SpeedLab brands is a win-win situation.”

Theodore noted loyal Saleen customers, dealers and enthusiasts can look forward to an exciting transition period.

“We moved on this purchase quickly to ensure that the process of delivering high-quality automobiles and components to the consumers is not disrupted,” said Mike Shields, President and CEO of MJ Acquisitions. “We are working with the talented team from Saleen and our own experts to continue the quality, delivery, and performance the customer base and delalership network have come to expect from the Saleen brand. I am particularly excited about Saleen’s supercharger experience and its synergies with Power-Tec’s development of the next generation of superchargers.”

Immediate plans are to roll out the 2010 version of the newly designed Mustang for the Racecraft brand and commence other Racecraft designs for additional vehicles. The new Mustang is shipping from Ford later this month. Additionally, the Saleen brand will have a new design of the flagship S-Line that is already in the works and scheduled for release in the third quarter of 2009.

While this announcement may provide more questions than answers for some, Saleen owners should be assured that key warranty and sales staff are still at the company to serve dealers and owners, with more hirebacks likely coming in the days ahead.

MJ Acquistions does plan to work with the dealer network and others to establish the future product line. A company spokesperson said more announcements will be forthcoming, so stay tuned.

PRESS RELEASE

Steve Saleen and his company SMS are well on the way to production with the first vehicle in the line of Signature Series ultra-high performance vehicles. The SMS 570 Challenger will be the first vehicle with a host of aesthetic and functional innovations including the patented SMS Red Butterfly Inductionâ„¢ hood and a full compliment of SMS ultra-high performance components including: drivetrain, suspension, aerodynamics, tires, wheels and interior.

“When you combine Steve Saleen and Dodge Challenger you get the pairing of two powerhouse automotive icons.” – Edmunds/Inside Line

Steve Saleen presents the SMS 570 Challenger

The fully certified and street legal SMS 570 Challenger and SMS 570X Challenger will be based off the 2009 Dodge Challenger R/T platform and will feature a SMS designed and engineered SMS 296 Supercharger atop the 5.7L Hemi, with power ratings from 500 to over 700 horsepower respectively.

Steve Saleen presents the SMS 296 Supercharger

“Who wants a Steve Saleen Supercharged Challenger? We Do!” – Dodgepedia.org

The MSRP’s for the 2009 SMS 570 Challenger and SMS 570X Challenger are targeted to start at $60,000 to $70,000 respectively with production commencing in 2008. Both models will carry a bumper-to-bumper factory warranty.

This is an exciting opportunity for the Mopar community to finally take part in the ultra-high performance niche production vehicle market! So act now to reserve yours.

“We’re big fans of Steve Saleen. He’s created some pretty incredible Mustangs over the last 25 years, and any guy that successfully builds his own supercar gets major props in our book.” – Autoblog

Steve Saleen presents the SMS 570 Challenger

Each of these limited edition vehicles will be personally signed by Steve Saleen as part of the Signature Series product line, complete with unique badges and graphics. Production numbers will be limited per year depending on the model, so the opportunity to be one of the few owners is limited to a first come first served basis. So act now, by placing your pre-production orders though any Dodge dealer in the US. Or call us directly for more details.

SMS

We are a niche manufacturer of lifestyle ultra-high performance vehicles, technical performance parts, lifestyle accessories and apparel. We design, engineer, test, certify, manufacture and assemble all our own products and vehicles.

“I am drawing upon 25 years of rich experience in the automotive industry to address the rapidly expanding global market of automotive lifestyle vehicles, technical performance parts, accessories and apparel” explains Steve Saleen, Chairman and CEO of SMS.

For more information please contact our sales department at: (714) 400-2121 x:216

www.smssupercars.com

Steve Saleen kündigt ein turbulentes Jahr an, denn mit seiner Firma SMS Supercars will er 2009 richtig durchstarten. Ziel ist es die aktuellen Muscle Cars aufzuwerten und zu verfeinern. So wird er diese Jahr nicht nur Hand an den Dodge Challenger und Ford Mustang legen, sondern sich auch um den neuen Chevrolet Camaro kümmern! Dies wurde jetzt bekannt gegeben. Aktuell wird also an den Modellen: SMS 570 und 570X Challenger, SMS 460 Mustang und im laufe des Jahres auch am SMS Camaro, gearbeitet. SMS stattet alle Modelle mit neuen SMS Kompressoren, neuen Fahrwerken und diversen anderen Stylingelementen auf. Auch im Innenraum wird man hochwertigere Materialen verwenden um dem highend Image gerecht zu werden. Die Produktion des SMS Challenger wird bereits in diesem Monat begonnen, die Produktion des der SMS Mustang soll dann im Frühling starten. Der Camaro wird wohl erst zum Ende des Jahres, bei SMS, vom Band laufen. Wer sich also ein solches Muscle Car zulegen möchte, kann bereits Bestellungen bei ausgewählten Dodge, Ford und Chevrolet Händlern, einreichen.
[Source: Detroit News/autoblog]

Anaheim, California (September 22, 2008) – TECHCO, “The Technology Company” formally announces its plans to fill the niche of providing truly innovative products for the Automotive Aftermarket.

TECHCO has reassembled the former Team that Designed, Developed, Tested and Certified the Saleen S7, Saleen S281 Mustangs, Saleen/Parnelli Jones Limited Edition Mustang, and Saleen S331 Sport Trucks. As collaborators and former employees of the famed automotive company, Saleen, Inc., TECHCO’s Staff has the talent and vision to bring decades of experience into the automotive aftermarket industry by the design, development and manufacturing of ultra-high performance automotive parts and accessories. “We’ve assembled a great team from the world of specialty vehicle performance, design and manufacturing. With our skills and resources, there’s no limit to what we can provide to our customers.” stated Jimmy Moore, Director of Operations for TECHCO.

TECHCO’s vision is to supply to our customer ultra-high performance automotive parts and accessories and offer complete Engineering, Manufacturing, and full Vehicle Assembly services. TECHCO has heavily invested in engineering and manufacturing equipment to provide unmatched in-house capabilities to develop and produce truly innovative and high quality products for the Aftermarket, while maintaining low costs and reduced lead times. The expansive 150,000 sq.ft. facility combines state-of-the-art engineering and manufacturing capabilities and resources with our hands on assembly experience. In-house resources include Engine and Chassis Dynamometers, CNC Machine Shop, CMM Lab, Fabrication Shop, SLS Prototyping, CAD/CAE workstations, R&D Lab, Component Subassembly Shop, Vehicle Workshop, Customer Install Shop, and Race Team with Workshop. These extensive in-house resources ensure TECHCO’s technical excellence and market competitiveness in the Automotive Industry. “Our spacious facility allows us room to house all our engineering and manufacturing equipment in one place, resulting in fast-time to-market and the highest quality products that still deliver exceptional value to our customers.” stated Jimmy Moore, Director of Operations for TECHCO.

The TECHCO Reverse-Revolution Twin Screw Superchargerâ„¢ is TECHCO’s flagship new product, will completely revolutionize supercharger design. “Our Design of the (TECHCO) Twin Screw Supercharger, is not merely further innovation in supercharging, but is truly a revolutionary advancement on Supercharger Design and application. We’ve taken all of our expertise in supercharger design and created a new product that provides superior power and performance on all levels.” Says John Spruill, Vice President of Engineering for TECHCO. “We designed innovation into every aspect of the new (TECHCO) Supercharger, from the Patent Pending new A-Frame (Dual) Intercooler configuration with Extruded Aluminum 6061-T6 Housing, to the all new 3.0L Reverse Rotation Screws with 6061-T6 Rotor Housing with fully integrated Bypass System, and Long, High Flow Runners. It’s like nothing else on the market today.” Says Billy Tally, Chief Technical Officer for TECHCO.

Nuts and Bolts of The TECHCO Reverse-Revolution Twin Screw Superchargerâ„¢

What makes the TECHCO Reverse-Revolution Twin Screw Supercharger so revolutionary is the unique design (Patent Pending), which optimizes airflow efficiency throughout. Incoming air is fed into the front of the supercharger, not the back like conventional designs. This ensures that the incoming air has minimal turns, eliminating restrictions, before entering into the supercharger housing. Additionally, without the need for a complex inlet tube, the largest possible orifice size is maintained, maximizing air flow efficiencies. The air then flows into the lobes of the Reverse-Revolution asymmetric multi-lobe compressor screws, where it is compressed, not merely moved, as in other forms of supercharging. The compressed air then flows into the intercooler housing which houses (2) intercoolers mounted in an A-Frame configuration to ensure the airflow is evenly distributed to each runner bank. The Patent Pending Twin Intercooler design results in higher cooling capacity and greater thermal efficiencies as the cooling water only has to pass through the intercoolers once, keeping the charge air cool. A further benefit of the front Inlet Design is the additional package space above the supercharger that is used for long high flow Intake Runners, which increases low end torque.

The resulting design of The TECHCO Reverse-Revolution Twin Screw Supercharger allows air to move through the supercharger quickly and efficiently, without significant heat buildup, and at the highest resulting airflow volume at low boost output. The performance result is maximized horsepower and torque output.

Key Features of The TECHCO Reverse-Revolution Twin Screw Superchargerâ„¢:

• Reverse-Revolution Twin Screw Compressor with Asymmetric Multi-Lobe Screws
• 3.0L / 180 cu. in. Displacement
• Front Induction with Integrated Bypass
• 10 Inch Long Intake Runners
• Dual Stage Intercooler System with Single-Pass Coolant Flow through the A-Frame (2) Intercoolers, Large Capacity Heat Exchanger, High Volume Intercooler Pump and Recovery Tank
• Open Element Cold Air Kit with High-Flow Air Filter, CNC Venturi and High Flow Inlet Tube
• Extruded Aluminum Fuel Rails with upgraded fuel injectors where applicable
• Separate 8-Rib FEAD (Front End Accessory Drive) with Dampener
• Ultra-Light Weight Aluminum Construction
• Flash Programmer
• Instruction Manual

Applications

Dodge/Chrysler: All 5.7L/6.1L Challenger/Charger/Magnum/300C
Ford: 4.6L 3V Mustang
GM: C5/C6 Corvette

TECHCO is now taking orders for The TECHCO Reverse-Revolution Twin Screw Superchargerâ„¢ kit for October Deliveries. Call us directly at (714) 408-9550 to speak with one of our Sales specialists.

Note: Saleen S7, Saleen S281 Mustang, Saleen S331 Sport Truck, and Saleen/Parnelli Jones Limited Edition Mustang, Saleen and Saleen, Inc. are registered trademarks of Saleen, Inc. TECHCO has no affiliation with Saleen, Inc.

Press Release:

SALEEN INCORPORATED REVEALS LIMITED EDITION “DARK HORSE” VEHICLE

It has been an incredible year for Saleen, Inc, America’s premiere niche vehicle manufacturer, with the elite 25th Anniversary Sterling Signature Edition, the unveiling of the S5S Raptor at the New York Auto Show, production of the Dan Gurney Edition, release of the Racecraft brand and the much anticipated reveal of the 2009 Dark Horse Extreme Edition. With a limited production of 25 coupes being built, this has become a classic round up of high end performance at Saleen.

The Product
The Dark Horse provides 620HP with 600 ft.-lbs of torque with Speedlab SuperShaker option supplying exclusive styling while enhancing performance. “The vehicle takes advantage of the ram effect into the SuperShaker air box,” states Dan Agnew, Powertrain Engineering Manager, “It increases pressure in the air box, which adds boost by 0.5 psi and holds air charge temperature relatively constant even with the higher boost.”

Styling
This 25 unit special run combines the power and handling of the Saleen Extreme and the exclusive Heritage body style with interior and exterior cues found only in the “Dark Horse”. The elite Flat Black Exterior graphics and identification, Saleen serialized engine plaque, Navigation System and sport leather seating with Alcantara inserts adds to the exquisite style of this limited edition vehicle.

Content
“The Dark Horse provides the capability of extreme horsepower and provides the detailed look our customers expect. By merging the Super Shaker with the Extreme powertrain we have created a no compromise solution for people looking for both performance and classic Mustang looks,” states Marc Musial, Chief Powertrain Engineer.

The Dark Horse includes:

* Saleen Port Matched Series VI Integrated Screw type supercharger
* Forged aluminum pistons
* Forged steel connecting rods
* Forged steel crankshaft

The composition of the Dark Horse provides the most intense Saleen ride yet.

Production
The production of the Dark Horse begins November 2008.

[Source: Saleen]

Troy, Michigan (July 18, 2008) – Saleen’s Aftermarket Division, SpeedLab, announced today the introduction of a new technology for air induction systems called the SuperShakerâ„¢. The patent pending SuperShakerâ„¢ embodies the classic appeal of shaker hood styling while delivering exhilarating performance via modern Supercharger technology.

By combining the proven efficiency of the Saleen series VI intercooled supercharger with that of the new and highly efficient SuperShakerâ„¢ induction system, SpeedLab has brokered the perfect marriage; bringing together Beauty AND Beast for the first time.

For decades, the two theories of air induction were separated. With this revolutionary new system, SuperShakerâ„¢ couples the best of both worlds. The “ram air” design and functionality of a true shaker hood is now mated with the forced air induction system via an intercooled, twin screw Saleen series VI supercharger. Saleen SpeedLab is the first and only manufacturer offering this highly engineered technology to the market.

“For the first time ever, consumers do not have to sacrifice muscle car styling to get more power and performance,” says Michael Lingo, Vice President & General Manager of Saleen’s Aftermarket Division, “the SpeedLab SuperShakerâ„¢ puts real muscle under your hood producing power that can be seen and heard”.

PERFORMANCE

The SuperShakerâ„¢ induction path is much shorter and less restrictive compared to existing designs, and is a true “cold air” intake that is sealed off from the engine compartment, thus enhancing vehicle performance. The SuperShakerâ„¢ induction system sits above the hood and is isolated from the hot air in the engine compartment. This is especially beneficial in static situations such as at stop lights or take off during drag racing. Once up to speed, the shaker hood scoop rams fresh cold air into the air box where it is pressurized, allowing greater boost at higher speeds.

The ground-breaking design efforts at Saleen have resulted in a durable design that can withstand the harsh environment of everyday driving. By angling the custom air filter forward, water and debris will be deflected down to the bottom of the air box where it can be evacuated and not affect the performance of the filter. There are two molded pieces that make up and include the air box, providing a skirt that mounts to the rear of the box which protects the compartment from water, debris and environmental hazards. This unique design does not require any extraordinary mounting or securing devices, allowing the air box to utilize the maximum space available within the tight constraints. The result is a larger surface area for the air filter and compact OE style look.

“The shorter intake and minimal restriction allows for more cold air to be available to the engine immediately, resulting in less lag time and quicker throttle response, says Marc Musial, Chief Powertrain Engineer, “providing instant power that is available on demand throughout the power curve”.

APPLICATIONS

The Saleen SpeedLab SuperShakerâ„¢ is engineered and designed to fit all 2005-current model Mustang GT’s. The SuperShakerâ„¢ kit will increase your total power from 500 – 700HP. SpeedLab will also be offering additional SuperShakerâ„¢ upgrade components.

“We are very excited to offer this one of a kind system to the Mustang enthusiast community,” says Carlos Duran, Manager of Saleen’s Aftermarket Sales, “in addition to the SuperShakerâ„¢ kit; we have made this revolutionary product available to our existing Saleen Series VI Supercharger owners with the release of the ShakerLid upgrade kit. The ShakerLid kit allows all Saleen customers to enjoy the SuperShakerâ„¢ experience.”

As a featured exclusive, Saleen SpeedLab will also manufacture a limited number of SuperShakerâ„¢ kits designed especially for Saleen Parnelli Jones (PJ) Edition owners. This special limited run kit will feature unique Saleen/ PJ personalized badging and will be registered as a Saleen Supercharged PJ to enhance exclusivity. The PJ SuperShakerâ„¢ kit is available direct from the factory or through Saleen Certified Dealers.

Saleen SpeedLab is now taking pre-orders for the SuperShakerâ„¢ kit with an estimated production date starting late August 2008. Call today at 1800-888-8945 to speak directly with your Saleen SpeedLab specialist.

The SuperShakerâ„¢ will be featured at a special Woodward Dream Cruise VIP Ride & Drive Event at Saleen’s production facility in Troy, Michigan, on August 15, 2008. Enthusiasts will be able to experience a Saleen H281 or Saleen Parnelli Jones edition mustang fitted with the new SuperShakerâ„¢ system.

[Source: Saleen]