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| | New Day Dawns For Ultra Motorcycle Company |
 | | Mira Loma, CA - Ultra Motorcycle Company, Inc. announces their purchase of the assets and intellectual property of Ultra Motorcycle Company from Finova Mezzanine Capital, Inc. Ultra Motorcycle Company, Inc. is wholly-owned by Fred M. Campagnuolo, who is also an Ultra dealer, with locations in Daytona, New Smyrna, and Lake Worth, Florida. |
 | | Like many Ultra Motorcycle dealers, Campagnuolo has invested significantly in the Ultra brand over the years and is excited about the opportunity to strengthen that brand and provide customers an exceptional value in today’s highly competitive marketplace. |
 | | The filing was necessitated by the threat of a foreclosure sale scheduled later that day by the company's secured creditor, Finova Mezzanine Capital Inc. Although UMC had been in discussions with prospective new lenders to refinance the Finova debt, UMC and Finova had been unable to reach an agreement to extend the foreclosure date. |
| www.wherethepoweris.com /news_article.asp?id=1549 (646 words) |
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