Industry News 8/17/2006

More Hulls! More Hulls!! PowerSkis Phase 300 Is Underway.

More Hulls! More Hulls!! PowerSkis Phase 300 Is Underway.

SAN CLEMENTE, Calif. (BUSINESS WIRE)Aug 16, 2006, PowerSki International Corporation (PSI) announced today that PSI continues with Phase 300, to assemble and ship 300 Powerski Jetboard Igniter 330s at PSIs San Clemente facility. Bob Montgomery, CEO and inventor, PSI, went on to state, PSI has been in the process of fabricating additional molds for the Igniter 330, which is necessary to ramp up hull production, this has been a major bottleneck with production and expect to be on target (approx. 25 units per week) in the coming months.

These tools become necessary as PSI continues receiving the hundreds of parts needed to assemble the PowerSki JetBoard Igniter 330 production model which features the patented SuperTorque XT marine engine manufactured under license. To date, PSI has low-rate manufactured, assembled and shipped approximately 190 PowerSki JetBoards worldwide.

Joe Laurante, Operations Manager, PSI, comments "There are approximately 821 different part and components that are required to assemble a PowerSki JetBoard Igniter 330. Coordinating the production with our over 55+ vendors has been quite the challenge to overcome Team PowerSki has done it. Aggressively!!, exclaims Joe.

Most of PSIs vendors have stepped up to the immediate demand for parts needed for the Phase 2 Production Plan, Phase 300. The following images you see here shows PowerSki International Corp.s, San Clemente Headquarters/Factory, stockpiling the hundreds upon hundreds of parts and components for Phase 300.

Hewlett-Packards workstations have really powered PTC/ProEgineers Wildfire software which has allowed for rapid design changes in a virtual digital world saving us time and money on the high rate production tooling, stated Maciej Lisiak, Engineer, PSI. Maciej whose homeland is in Poland, has been diligently working on providing vendors with up to the minute ProEngineer drawings keeping within PSIs goal of lowering the cost of goods for their, Phase 3 Mass Production Plan, later this year.

Focusing on the importance of the North American marketplace and to PSIs current dealerships, PSI is continually working on providing an EPA/CARB solution to meeting the stringent standards for certification. PSI is confident on reaching their goal with a clean solution for the world.