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Massimo Demonstrates Innovation and Growth Potential at the 2024 Equip Expo in Louisville, KY

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Massimo Group (NASDAQ: MAMO) made a significant presence at the 2024 Equip Exposition in Louisville, Kentucky, showcasing its lineup of powersports vehicles. The event, attended by over 28,000 professionals, served as a platform for the company to display key products including the T-Boss 1000 UTV and GKD 350 Go Kart, which garnered substantial attention. The company engaged with potential new dealers to expand its distribution network and market presence. CEO David Shan expressed confidence in growth prospects for the first half of 2025, citing new product introductions and distribution relationships as key drivers.

Massimo Group (NASDAQ: MAMO) ha avuto una presenza significativa all'Equip Exposition 2024 a Louisville, Kentucky, presentando la sua gamma di veicoli powersports. L'evento, a cui hanno partecipato oltre 28.000 professionisti, ha rappresentato una piattaforma per l'azienda per esporre prodotti chiave tra cui il T-Boss 1000 UTV e il GKD 350 Go Kart, che hanno attirato un notevole interesse. L'azienda ha interagito con potenziali nuovi rivenditori per espandere la sua rete di distribuzione e la presenza sul mercato. Il CEO David Shan ha espresso fiducia nelle prospettive di crescita per il primo semestre del 2025, citando le nuove introduzioni di prodotto e le relazioni di distribuzione come motori chiave.

Massimo Group (NASDAQ: MAMO) tuvo una presencia significativa en la Equip Exposition 2024 en Louisville, Kentucky, mostrando su línea de vehículos powersports. El evento, al que asistieron más de 28.000 profesionales, sirvió como plataforma para que la empresa exhibiera productos clave, incluyendo el T-Boss 1000 UTV y el GKD 350 Go Kart, que captaron una atención considerable. La compañía se comprometió con posibles nuevos distribuidores para expandir su red de distribución y presencia en el mercado. El CEO David Shan expresó confianza en las perspectivas de crecimiento para la primera mitad de 2025, citando las nuevas introducciones de productos y relaciones de distribución como motores clave.

Massimo Group (NASDAQ: MAMO)는 켄터키주 루이스빌에서 열린 2024년 Equip Exposition에서 강력한 존재감을 나타내며 powersports 차량 라인업을 선보였습니다. 28,000명 이상의 전문가들이 참석한 이 행사는 회사가 T-Boss 1000 UTVGKD 350 Go Kart와 같은 주요 제품을 전시할 수 있는 플랫폼 역할을 했습니다. 이 회사는 배급 네트워크와 시장 존재감을 확장하기 위해 잠재적인 신규 딜러들과 소통했습니다. CEO David Shan은 2025년 상반기 성장 전망에 대한 신뢰를 표명하며 새로운 제품 도입과 유통 관계가 주요 동력이라고 언급했습니다.

Massimo Group (NASDAQ: MAMO) a fait une présence significative à l'Equip Exposition 2024 à Louisville, Kentucky, présentant sa gamme de véhicules powersports. L'événement, auquel ont assisté plus de 28 000 professionnels, a servi de plateforme à l'entreprise pour afficher des produits clés, notamment le T-Boss 1000 UTV et le GKD 350 Go Kart, qui ont suscité un intérêt considérable. L'entreprise a interagi avec de potentiels nouveaux distributeurs pour élargir son réseau de distribution et sa présence sur le marché. Le PDG David Shan a exprimé sa confiance dans les perspectives de croissance pour le premier semestre 2025, citant les nouvelles introductions de produits et les relations de distribution comme moteurs clés.

Massimo Group (NASDAQ: MAMO) hatte eine bedeutende Präsenz auf der Equip Exposition 2024 in Louisville, Kentucky, und stellte sein Sortiment an Powersports-Fahrzeugen vor. Die Veranstaltung, an der über 28.000 Fachkräfte teilnahmen, diente als Plattform für das Unternehmen, um Schlüsselprodukte wie den T-Boss 1000 UTV und den GKD 350 Go Kart zu präsentieren, die beträchtliche Aufmerksamkeit erregten. Das Unternehmen suchte den Kontakt zu potenziellen neuen Händlern, um sein Vertriebsnetz und seine Markpräsenz auszubauen. CEO David Shan äußerte Vertrauen in die Wachstumsaussichten für die erste Hälfte von 2025 und nannte die Einführung neuer Produkte und Vertriebsbeziehungen als wichtige Treiber.

Positive
  • Strong product reception at major industry expo with 28,000 attendees
  • Potential expansion of distribution network through new dealer relationships
  • Strategic positioning for market growth in H1 2025
Negative
  • None.

Strong Interest in Motor Sports Vehicles at Expo Highlights Strategic Business Expansion and Growth Opportunities in 2025

GARLAND, Texas, Oct. 24, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, made a notable impact at this year's Equip Exposition, the largest annual gathering for professionals in landscaping, hardscaping, and contracting, showcasing Massimo Motor's lineup of rugged, versatile vehicles.

Every October, landscapers, hardscapers, manufacturers, contractors, and dealers travel to Louisville, Kentucky, to network with other professionals and to test-drive the latest products. This four-day event which took place October 15-18, featuring 1,000 exhibits and hundreds of educational opportunities, provides attendees with new ideas, better techniques, and hands-on demos of cutting-edge products, tools, software, and strategies from innovative suppliers, vendors, and manufacturers.

Massimo Motor displayed its lineup of rugged, versatile vehicles that embody the company's commitment to quality and innovation at the Expo. Massimo Motor's presence at the Expo also served as a launchpad for new business relationships, which Massimo believes lays the foundation for future revenue growth. The company engaged with several potential new dealers, discussing opportunities that could enhance Massimo's distribution network and increase market penetration.

"With over 28,000 attendees, the Expo provided a valuable platform to solidify the brand's position in key markets and present to investors," said David Shan, Founder, Chairman & CEO of Massimo. "Among the full product line on display, two standouts attracted significant attention: the T-Boss 1000 UTV and the GKD 350 Go Kart. Positioned prominently at the entrance of the main hall, the T-Boss 1000 drew large crowds, offering a glimpse into the future of utility vehicles for both professional and recreational use. The new GKD 350, a rugged two-seater go-kart, also captivated attendees, combining retro style with modern technology, making it a favorite among young people and outdoor enthusiasts.

"We continue to leverage new partnerships, product innovation, and an expanding customer base to drive our strategic business expansion and growth prospects. We are committed to delivering value as we scale operations and broaden our reach in domestic and international markets. From the feedback from this exhibition, we are confident in the growth prospects for the first half of 2025 as the introduction of new products and distribution relationships is expected to present significant opportunities during this period," concluded Shan.

About Massimo Group

Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style mini-bikes. Massimo Marine manufacturers and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo is also developing electric versions of UTVs, golf-carts and pontoon boats. The company's 376,000 square foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com.

Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements include information concerning statements regarding future cash needs, future operations, business plans and future financial results; and any other statements that are not historical facts. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the "Risk Factors" section of Massimo's Registration Statement on Form S-1 for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com

Investor Relations 
Chris Tyson 
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us

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SOURCE Massimo Group

FAQ

What products did Massimo (MAMO) showcase at the 2024 Equip Expo?

Massimo showcased their powersports vehicle lineup, with the T-Boss 1000 UTV and GKD 350 Go Kart being the standout products at the exposition.

How many attendees were at the 2024 Equip Expo where Massimo (MAMO) exhibited?

The 2024 Equip Expo had over 28,000 attendees, featuring 1,000 exhibits and hundreds of educational opportunities.

What are Massimo's (MAMO) growth expectations for 2025?

Massimo expects significant growth opportunities in the first half of 2025, driven by new product introductions and distribution relationships.

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