Precision Auto Care Announces That Al Unser, Jr. Has Joined New Area Developer Team in Arizona
LEESBURG, Va., July 7 // PRNewswire-FirstCall // -- Precision Auto Care, Inc. (OTC Bulletin Board: PACI), today announced that racing legend Al Unser, Jr. and Dick Lippert, a former telecommunication executive, have joined Precision Tune Auto Care as the Area Developer team for the Phoenix, Arizona market.
Robert Falconi, PACI's CEO said, "We are extremely pleased that Al and Dick have made the decision to invest in Precision Tune. Under their guidance and direction, I am confident that the Precision Tune Auto Care brand will thrive in the growing Arizona market. With Dick's business skills and Al's popularity, name recognition and passion for motorsports and automobiles, we know that our brand will be in excellent hands. We are all looking forward to working closely together to develop a mutually beneficial relationship."
Al Unser, Jr. is a two-time Indianapolis 500 winner (1992, 1994), as well as a two-time CART champion (1990, 1994). Al has also scored two victories in the storied Rolex 24 Hours of Daytona and two championships in International Race of Champions (IROC) competition. In 1994, Al was named Athlete of the Year by ABC Sports. The Unser family won the Indianapolis 500 a remarkable nine times and is one of the most recognized and accomplished families in the history of racing. Al has two sons and two daughters and is an avid outdoorsman. "I am very happy to get this opportunity to work with Dick Lippert and be a part of the Precision team," said Unser.
Dick Lippert has had an extremely successful career in business as the CEO of two telecommunications firms and the Founder of an electronic security company located in the mid-west. He is married with a son and a daughter. Like Al, Dick loves racing. Dick is an avid amateur race car driver. He finished 2nd and 3rd in Skip Barber Masters' National Championship Series in 2004 and 2005 respectively.
"I see this as a true win/win situation for all parties concerned," said Lippert. "I get the opportunity to work with my good friend Al Unser and develop the Precision Tune brand in a new market."
Precision Auto Care, Inc.'s affiliate, Precision Franchising LLC, is one of the world's leading franchisors of auto care centers, with 412 operating centers as of June 30, 2006. The Company franchises Precision Tune Auto Care centers around the world.
SOURCE Precision Auto Care, Inc.
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