7 all-new products launched with 4 special
editions;
Alterra ATV platform introduced;
Technologically advanced, more powerful
Wildcat™ Sport engine
Arctic Cat Inc. (NASDAQ:ACAT) today unveiled its first wave of
2016 model year off-road vehicles during its annual summer sales
meeting in Orlando, Florida. The 2016 lineup features seven all-new
products, including four Special Edition models built in limited
quantities, powered-up Wildcat™ Sport models and the introduction
of the new Alterra all-terrain vehicle (ATV) brand.
Commented Arctic Cat President and Chief Executive Officer
Christopher Metz: “We unveiled exciting new special editions and
models to meet the needs of several market segments. We are
executing against aggressive and exciting new product development
plans. These new 2016 side-by-sides and ATV models are just the
beginning of the innovation that we intend to bring to market, as
we strive to create the ultimate off-road riding experience.”
The 2016 model Arctic Cats will be available at dealerships
beginning in September, along with an all-new full line of SPEED
High Performance Accessories for Arctic Cat’s Wildcat line,
influenced by racer Robby Gordon and aftermarket innovator Todd
Romano. (See separate SPEED Accessories news release announced
today.)
Arctic Cat is offering 32 North American models in its first
wave of introductions. For more information on the full line of
Arctic Cat 2016 ATV and side-by-side recreational off-highway
vehicle (ROV) models, visit arcticcat.com.
New 2016 Model ROVs
Wildcat – Arctic Cat unveiled a more powerful Wildcat
Sport and two new 2016 special edition Wildcat models in the
side-by-side ROV segment. Arctic Cat’s full line of Wildcats – from
the trail legal Wildcat Trail, mid-size Wildcat Sport, extended
chassis Wildcat X and 4X four-seat models – continues to provide a
wide range of vehicle sizes, trim levels, shock packages and
performance to meet every riding style.
The new 2016 Wildcat Sport models gain a 5 percent increase in
engine power, derived from an all-new and innovative free-flowing
exhaust system. All Wildcat Sport models have a mid-sized 60-inch
wide chassis, and feature a low center of gravity and high
power-to-weight ratio, ensuring quick acceleration and climbing
ability that gives drivers confidence.
A new Wildcat X Special Edition features aluminum bumpers,
color-matched beadlock wheels and roof, and desert tan colored
bodywork. Also new is the Wildcat Trail Special Edition featuring
full-sized doors, color-matched aluminum wheels, and an
industry-first color combination of true timber camo and orange
metallic paint.
The Wildcat X and 4X models stay true to their rugged roots,
delivering professional performance, but receive all-new Duro
PowerGrip tires and an attractive, aggressive price point versus
the competition.
Prowler HDX Utility – Arctic Cat’s new 2016 Prowler HDX
side-by-side utility models include the Prowler HDX 700 SE Hunter
Special Edition featuring an electric bed lift, painted aluminum
wheels, a 5,000-lb. winch, gun scabbard and true timber camo
livery.
The company extended its Prowler HDX XT line, which is the
ultimate working machine. An all-new 2016 HDX 500 XT is ready to
take on tough tasks, complementing the 2016 HDX 700 XT in Arctic
Cat’s utility lineup. The 500 has an industry-leading payload with
a tilting 2-in-1 cargo box that converts to a flatbed for 1,000
lbs. of carrying capacity. Side and under hood compartments store
work essentials, while a three-person bench seat provide
flexibility when the cargo includes a couple extra helping hands.
The HDX 500 also comes with tilt steering, new body styling and an
automotive-style hood.
New 2016 ATVs
Alterra – Arctic Cat debuts the Alterra name on ATVs
(formerly the XR line) built to handle all terrains. Arctic Cat’s
new Alterra platform showcases best-in-class performance, features,
styling and overall value.
New for model year 2016, Arctic Cat introduced the Alterra 400
and 450 models, which include the brand new body style and
industry-leading capabilities of the full-sized Alterra, adapted
for the more compact 400 and 450 mid-sized machines. Featuring new
bodywork, racks and headlights, the Alterra models provide the
ultimate workhorse in a nimble, lightweight and versatile
package.
The company plans to expand the Alterra line into other growth
segments.
TRV – Arctic Cat’s new two-up rider model, the TRV 700
Special Edition, features a 3,000-lb. winch, color-matched aluminum
wheels, and the choice of true timber camo/orange metallic or black
metallic colored bodywork.
About Arctic Cat
The Arctic Cat brand is among the most widely recognized and
respected in the recreational vehicle industry. The company
designs, engineers, manufactures and markets all-terrain vehicles
(ATVs), side-by-sides and snowmobiles, in addition to related
parts, garments and accessories under the Arctic Cat® and
Motorfist® brand names. Arctic Cat Inc. is headquartered in
Minneapolis, Minnesota. Its common stock is traded on the NASDAQ
Global Select Market under the ticker symbol “ACAT.” More
information about Arctic Cat and its products is available at
www.arcticcat.com.
Forward-Looking
Statements
The Private Securities Litigation Reform Act of 1995 provides a
safe harbor for certain forward-looking statements. The company’s
Annual Report, as well as the Report on Form 10-K, its Quarterly
Reports on Form 10-Q and other filings with the Securities and
Exchange Commission, the company’s press releases and oral
statements made with the approval of an authorized executive
officer, contain forward-looking statements that reflect the
company’s current views with respect to future events and financial
performance. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from historical results or those anticipated. The
words “aim,” “believe,” “expect,” “anticipate,” “intend,”
“estimate” and other expressions that indicate future events and
trends identify forward-looking statements including statements
related to our fiscal 2016 outlook, business strategy, expected
inventory reductions, product introductions and demand. Actual
future results and trends may differ materially from historical
results or those anticipated depending on a variety of factors,
including, but not limited to those set forth in the company’s
Annual Report on Form 10-K for the year ended March 31, 2015, under
heading “Item 1A. Risk Factors.” The company does not undertake any
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150824005340/en/
Arctic Cat Contact:Christopher Eperjesy, 763-354-1791Chief
Financial Officerceperjesy@arcticcatinc.comorPadillaCRT
Contact:Shawn Brumbaugh,
612-455-1754shawn.brumbaugh@padillacrt.com
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