Twin Vee PowerCats Announces the NEW 2017 Ocean Cat 260 SE,The entire line of this popular dual-hulled Twin Vee has been updated with major upgrades

Twin Vee 260 SE

Team Twin Vee has worked night and day to retool, modify and upgrade our New 26 ft Ocean Cat. This New PowerCat has more deck space, storage, bow and stern molded seating, new T-top, new upholstery package and custom helm seating. list goes on and on.

 

Fort Pierce, Florida (PRWEB) August 26, 2016

Twin Vee was an early innovator in power catamaran engineering by refining the hydrodynamic vortex channeled between the dual hulls to create a smoother, more stable and power-efficient ride. For over 20 years, Twin Vee has built a strong following of boaters who value the unique dual-hull performance, durability and cost-efficiency of Twin Vee Bay Cat and Ocean Cat power catamarans.

Privately owned Twin Vee Catamarans, Inc., was purchased in April 2015 by Joseph Visconti. The company has since been renamed Twin Vee PowerCats, Inc., and trades publicly on the OTCMarkets.com under the symbol (TVPC). Visconti and his new management team immediately embarked on an across-the-board program of capitalization and operational improvements, including plans to update various models of Twin Vee PowerCats.

The Ocean Cat 260, Twin Vee’s most popular line, was the first to receive an above-the-waterline update to judiciously improve the boating experience without altering its already superb dual-hull fluid dynamics or significantly impacting affordability.

To simplify the ordering process, Twin Vee Ocean Cats are now divided into two packages: the Sports Edition (SE) for cruising and fishing and Tournament Edition (TE) for tournament level sport fishing enthusiasts.

The Twin Vee Ocean Cat 260 SE

The Ocean Cat 260 SE, with a selling price of $91,250 including twin Suzuki 140hp engines*, is the most fully outfitted entry-level boat in Twin Vee history. The redesign includes integrated molded fiberglass bow and stern seating with built-in storage compartments and cushion sets. The fishing station has also been completely redesigned to feature a 50-gallon live bait well with aquarium window; built-in quick access tool storage and tackle drawers; and a prep area with inset cutting board and freshwater washdown. The helm now sports a Ritchie Voyager compass and built-in weatherproof two-speaker audio system; an updated switch panel with USB and 6-volt charging ports; and the console, with side door, is nestled under an anodized high-grade aluminum T-top with contoured hardtop and matching color T-bag.

Stainless steel is used for consistent quality on drink holders, rub rail, and gas fills. The anchor roller, heavy-duty stern eyes and 8-inch through-bolted cleats are all made of tough 316-grade stainless steel. More standard improvements include a dive ladder, under-gunnel rod holders and pre-installed rigging tubes for extra batteries and electronics.

The Twin Vee Ocean Cat 260 TE

The Ocean Cat 260 TE, with a selling price of $123,750 including twin Suzuki 140hp engines*, takes both style and functionality to the next level. This package adds a deluxe dive ladder; high-grade anodized aluminum bow rails; and a bow anchor locker with drain and Lewmar 700 helm-controlled anchor windlass. The high-grade anodized aluminum T-top is upgraded with a hand-polished hardtop featuring recessed lighting and audio speakers, and a large overhead electronics/dry storage box. The helm is decked out with mounts for two 12-inch screens; a 316-grade stainless steel steering wheel connected to a Sea Star twin ram hydraulic steering system; and two deluxe adjustable helm chairs with flip-up bolsters and footrest.

For aesthetic preference, you have a choice of color-themed hull wraps. The TE also comes with an LED lighting package that includes dome cockpit lighting, spreader lights, surround indirect under-gunnel interior lighting and stern underwater lighting. Fishing equipment is upgraded with dual 1100 GPH bait well pumps, extra rod holders and 15-foot Taco Grand Slam 280 outriggers. Of course, this serious fishing package requires more energy, provided by a three-bank battery charging system with an additional 27-deep cycle battery.

Visit http://www.twinvee.com to learn more about the many advantages to twin-hulled power boating and see the full line of Twin Vee Ocean Cat and Bay Cat power catamarans, as well as our new 260 special edition PowerCat, the Twin Vee Exuma CJ.

We configured the special edition Exuma CJ as a Bahamas style cruiser and light tackle fisherman by replacing the T-top with a large, shady Bimini top, eliminating the live bait well for more aft deck space and adding a high-grade anodized aluminum guardrail around the padded bow lounge. The Exuma CJ’s Twin Vee 260 hull is equally at home over shallow banks or open sea. If you’re looking for the most flexible and family friendly 26-foot island-hopper available, the Exuma CJ fits the bill — a bill that is actually quite a bit lower than you might expect, starting at $79,750.00 including twin Suzuki 140hp engines*.

Also on http://www.twinvee.com, you can download the full specifications for all Twin Vee Ocean Cats and Bay Cats, use our “Build A Boat” web application to build the perfect Twin Vee for your budget, or find the nearest Twin Vee dealer.

Located in Fort Pierce, Florida, USA, we are an American company, with American craftsmen dedicated to building The American Dreamboat. Come join the Twin Vee PowerCats family.

*Additional engine options available

 


This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Twin Vee PowerCats, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Source:http://www.prweb.com/releases/2016/08/prweb13640382.htm

A LOVE AFFAIR WITH POWER CATS

Joseph Visconti says his first experience on a Twin Vee was literally life-changing. The owner of ValueRich, a public company traded on the OTC market under the symbol TVPC and now known as Twin Vee Powercats, simply drove to the Fort Pierce, Fla.-based company after being “blown away” by the smooth ride of a twin-hulled power catamaran.

“As a professional investor I have found many of my investments by falling in love with a product or a service,” Visconti says. “I have invested in and purchased several companies after becoming a fan of a product, researching the product and exploring how I might be able to invest.”

So Visconti found himself driving to Twin Vee’s facilities, only about an hour from his home, where founder Roger Dunshee gave him a factory tour. Visconti, immediately hooked, asked how he could become involved.

“By total coincidence the owner was not marketing the sale of the company, but was open to the right person buying [it],” Visconti says. “Twin Vee had been manufacturing boats for over 22 years, so you could imagine the challenges with an owner turning over the reins. We agreed on a slow transition that took place over the summer of 2015.”

The transaction and the transition were slow and quiet. The company did not announce that it had been purchased and it was not until late April of this year that it finally was ready to emerge with its new leadership and vision for the future.

The company has been focusing on its core models — the 260, 310 and 360 OceanCat center console cats. (The 360 OceanCat is a brand-new boat from the keel up.) All three will be at the 2017 Miami International Boat Show, says Visconti. The company has added 10 dealers, bringing the total to 24. It also has hired about 20 employees and now has a workforce of roughly 65, says Visconti. “We have a 40-boat backlog; the orders are flooding in, and about 90 percent of them are for those three boats,” says Visconti, referring to the 260, 310 and 360. “We’re getting new dealers. We’re kicking butt.” To keep up with demand, the builder is adding second and third molds for the 260, 310 and 360.

Twin Vee has upgraded the designs to the 260 and 310, and is now building the boats with more standard equipment than the previous owner did, says Visconti. “In the past Twin Vee was known as a boat that gave you the best bang for the buck,” says Visconti. “We’re still going to offer great value, but our base boats are loaded. These boats are ready to go — whether you want to fish, be with your family or enjoy general recreation.”

The hull design of the Twin Vee remains the same, simply because it is the “best-riding boat design on the water,” says Visconti. “The twin-hull design is the heart and soul of Twin Vee.”

Visconti says that at age 51 he has found his passion in life. “What I want to do with the rest of my life is design, build and sell twin-hull power cats,” he says.

ValueRich has changed its name to TwinVee Powercats and unveiled a new identity and a new website to reflect that Visconti is now fully committed to the power catamaran industry.

“Twin Vee is the company I have been looking for my entire life. I lucked out. I stepped into a company that has die-hard customers that will only buy Twin Vee boats, a facility that has over 160,000 square feet of manufacturing space, so we have plenty of factory facility to grow and a management team that can handle my hard-charging attitude and not falter when we reach the boats-per-year goal I have set.”

Twin Vee, founded in 1994, had a solid infrastructure in place, came with experienced workers, some of whom have been at the company for 20 years, and had key people in management positions, Visconti says.

“I got the best of both worlds — I bought a company that was up and operational, has been selling boats for 22 years, has a clientele in place and key management people,” Visconti says.

In the last year plus, during the slow transition, the company says it has invested heavily in its production and manufacturing facility to streamline and automate the production line. That includes the addition of CNC machines, overhead cranes, new equipment, design staff, a research and development department and an expansion of the production line. “We’re basically setting up an entirely new company,” says Visconti. “This is a new Twin Vee.”

Preston Yarborough, who has been at Twin Vee for 19 years, is Visconti’s choice to be president of the company. Lollie Ball, another Twin Vee veteran, will be director of operations.

There has been a learning curve for Visconti, who is new to the marine industry. But he says an outsider’s perspective might be helpful. “I feel like we are doing some of the things that have kept twin-hull production companies from gaining market share,” he says.

Power cats, though common in other parts of the world, haven’t caught on in the United States, Visconti says. “I believe that with a sexier and more refined look for our boats, the twin-hull market will gain significant market share. Why? Because twin-hull boats make more sense than a single-hull boat. I think the only reason twin-hull boats never caught on in the U.S. is for the simple reason that American twin-hull boat manufacturers never designed with sex appeal. Consumers want their heart to race. The new Twin Vee will change every objection that a single-hull buyer has.”

THE NEW TWIN VEE POWERCATS, NEW OWNER, NEW TWIN VEE MODELS, MORE DEALERS

Twin Vee PowerCats is under NEW ownership and NEW management

Twin Vee PowerCats is releasing an open letter from its CEO Joseph C. Visconti to shareholders, customers, dealers, vendors and current owners of Twin Vee PowerCats. This Open letter is a communication to bring Dealers, Customers, vendors and future Customers up to date with the operations of the Company. 

From CEO Joseph C. Visconti

"I want to take this opportunity to introduce myself as the New CEO of Twin Vee PowerCats, Inc. First off, I want everyone to know the reason my company acquired Twin Vee is because of its long history of producing great products that I consider to the Best Riding Boat on the Water. We are working to make them even greater." 

"I come to the marine industry with a background in finance and corporate turnarounds. My initial due diligence focused on the future potential market for power catamaran boats. It became clear to me that, with the many benefits of dual-hull design, the power catamaran market is underserved. If a company is committed to designing, manufacturing and marketing a series of high-quality power catamarans at an affordable price, that company could compete with other power catamaran manufacturers, but also the best mono-hull brands. I believe with the changes currently underway that Twin Vee has unlimited potential and opportunity to capture a growing market share of the fishing, family and recreational boating market and also rapidly expand its customer and dealer base. This is what we have set out to do, and we are already showing promising results with a rapidly expanding dealer network that has brought a significant boost in new orders."

"As many of you know, Twin Vee has been building dual-hull powerboats for more than 20 years. The company, along with the entire marine industry, has been through some ups and downs, My total focus and goal is to put Twin Vee PowerCats on a solid growth footing and expand on its traditions of innovative design, quality craftsmanship and a superb, yet affordable, boating experience."

"With a 100 percent acquisition of Twin Vee completed, I have installed a new management team that is intensely committed to major innovations across the board. My factory-wide initiatives are to focus on better quality production through a semi-automated manufacturing process that includes investment in multiple CNC machines, a 120-foot overhead crane, new tooling and new molds. Additionally, a computerized inventory program has been installed to reduce waste and improve assembly efficiencies. Our overriding goal is to better serve our customers through forward thinking and precise execution."

"I’m proud to announce that the new 2017 TwinVee PowerCat product lineup exemplifies this vision of quality manufacturing, performance and an unwavering dedication to customer service. We are introducing two new models, the 230 and 360, to our OceanCat series in addition to the 260 and 310. OceanCats are now divided into two editions, the Sports Edition (SE) and Tournament Edition (TE). These new editions represent a departure from Twin Vee’s build-to-order manufacturing practices of the past, and now include standard high-quality features that were formerly considered options, even though they are necessary for a well-appointed boat."

"I hope you will visit http://www.twinvee.com to view the entire 2017 lineup, including our 170, 190 and 220 BayCat series, and download a specification and feature product sheet for each Twin Vee model. I think you will agree that the New Twin Vee 2017 models now have many additional standard features that are too numerous to mention here."

"The smooth ride, stability, durability, affordability and fuel-efficiency that are the heart and soul of the Twin Vee experience have not changed, but our new management team is building a company that better serves the boating community and provides increased opportunity for our employees and dealer network. I realize that some of our older customers and dealers might miss factory customization, but I know they will not miss the long wait times for delivery. And don’t worry about price. We took months to design and build our Sports Edition packages and feel confident that if you take the time to review all the features now included on your favorite Twin Vee model, you will find great design and functionality for pricing that is actually better than before."

"To sum up: there is a new energy here at the Ft. Pierce home office and plant. We all look forward to serving you as the NEW Twin Vee PowerCats."