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Tank Sports Joins With Kids Korps and Starbucks Foundation to Participate in "Build a Bike"
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LOS ANGELES, Dec. 6, 2006 -- Tank Sports (OTC BB: TNSP.OB - News) joined the Kids Korps USA and Starbucks Foundation on Saturday, Dec. 2nd to distribute bicycles to the local children from low income families in Solana Beach, San Diego County, California.
Kids Korps USA is a nonprofit youth volunteer organization that engages young people, ages 5 through 18, in community service. The Starbucks Foundation makes investments through its Youth Leadership Grants and supports locally based programs that promote the "Power of Literacy'' and "Leaders in Diversity.'' Both organizations are dedicated in non-profit charities that are helping the youth in the community. This joint event of Tank Sports, Kids Korps USA, and Starbucks Foundation was one of the programs for improving lives of local misfortunate children by distributing bicycles. Tank Sports provided the labor and bicycles while funding was provided by the Starbucks Foundation, and the event was coordinated by the Kids Korps USA. The distribution event included introduction of the Kids Korps, bike assembling demonstration, and distribution of bikes to the needy children. Tank Sports mechanics Dona Thach and Marco Chavez participated in the event joined by volunteers of the Kids Korps, who helped assemble the bicycles.
"We are dedicated to participating in such events to show our thankfulness for what society has given us, as well as to show our care to the community. Tank Sports will continue to contribute to the improvement of the community and participate in charity events like this,'' said Jim Ji, general manager of Tank Sports. Tank Sports started teaming up with Kids Korps to participate in charity events starting in April of 2003, and this is the 4th year of the event.
About Tank Sports, Inc.
Tank Sports is a leading company that develops, engineers, and markets high-performance on-road motorcycles and scooters, off-road all-terrain vehicles (ATVs), dirt bikes and Go Karts through OEMs in China. It utilizes the so-called "China Concept'' business model to participate in the $31.5 billion annually (data: Motor Industry Council) motorcycle/ATV market.
Safe Harbor Statement The foregoing news release includes numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor'' for certain forward-looking statements. Forward-looking statements in this news release relating to business developments are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with a small business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.
Contact:
Tank Sports, Inc.
Tel: (626) 350-4039
Fax: (909)354-3174
Email: ir@tank-sports.com
Website: www.tank-sports.com
10925 Schmidt Rd.
El Monte, CA 91733
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