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INDIAN MOTORCYCLE & VETERANS CHARITY RIDE CELEBRATE 10 YEARS SUPPORTING VETS THROUGH MOTORCYCLE THERAPY

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Indian Motorcycle announced its continued support for the Veterans Charity Ride (VCR), a non-profit aiding combat-wounded veterans through motorcycle therapy. This partnership, now entering its 10th year, helps veterans transition back to civilian life by offering camaraderie and motorcycle adventures. To mark the anniversary, VCR will host a Memorial Day reunion to honor fallen soldiers and celebrate the lives of participating veterans. Events are scheduled in Salt Lake City from May 24-27 and in Moab from June 8-16, with activities including motorcycle rides, adventure activities, and therapy sessions.

Positive
  • Indian Motorcycle continues its 10-year partnership with Veterans Charity Ride (VCR), enhancing its reputation for corporate social responsibility.
  • The Memorial Day reunion and various events highlight the effectiveness of the motorcycle therapy program in improving veterans' lives.
  • Increased visibility for Indian Motorcycle through social media channels and event sponsorships, potentially boosting brand loyalty and sales.
Negative
  • The press release lacks specific financial data or stock performance indicators, offering insights for investors.
  • No clear metrics provided to measure the impact of the partnership on the company's financials or stock value.
  • Potential for increased operational costs associated with sponsoring events and supporting the charity, which could impact profit margins.

To Commemorate 10 Years of Rehabilitating Combat Wounded Veterans, Veterans Charity Ride to Host Memorial Day Reunion and Honor Fallen Soldiers

MINNEAPOLIS, May 23, 2024 /PRNewswire/ -- Indian Motorcycle, America's First Motorcycle Company, today announced its ongoing support and sponsorship of the Veterans Charity Ride (VCR), a veteran-led non-profit organization that specializes in motorcycle therapy to aid combat wounded veterans healing from physical and mental trauma. Entering the 10th year of partnership, Indian Motorcycle and VCR are commemorating the motorcycle therapy program with a Memorial Day reunion, welcoming returning VCR vets who have experienced the life-changing therapy to celebrate life and honor fallen U.S. soldiers.

Veterans participating in VCR's motorcycle therapy program are often amputees, paraplegics, or suffer from post-traumatic stress and other challenges faced after military service. The program's goal is to support these veterans in their transition back to civilian life through camaraderie, motorcycle adventures, and additional initiatives that foster the brotherhood and sisterhood formed across all branches of the United States military.

"Over the past decade, Veterans Charity Ride has improved the lives of countless veterans, many of whom wouldn't leave their house after their release from active duty," said Aaron Jax, Vice President for Indian Motorcycle. "Through its therapy program, which utilizes the freedom of the open road, the roar of the engine, and the connection between veterans, VCR has been incredibly successful in helping these vets find life after service, and we are honored to play a role in supporting such a great cause."

"It's incredible to be entering our 10th year of motorcycle therapy, and undoubtedly we could not have achieved so much without the loyal support from our friends at Indian Motorcycle," said Dave Frey, Founder of Veterans Charity Ride. "While we celebrate 10 years with a Memorial Day reunion alongside our brothers and sisters who have joined us throughout our program, we are equally excited to stay on the throttle and welcome new veterans into the program and help in their rehabilitation just as we have so many already."

 The 2024 Veteran Charity Ride event schedule consists of the following:

May 24-May 27: Salt Lake City, Utah
Throughout Memorial Day weekend, the National Ability Center (NAC) in Park City will provide support for adventure activities, as the group continues with motorcycle therapy rides and team-building exercises. On Memorial Day, veterans will bond and celebrate life with friends and families while honoring those who made the ultimate sacrifice for our country.

June 8-16: Moab, Utah
In celebration of Veteran Motorcycle Therapy Month in June, VCR will host an intimate group of new and returning veterans with motorcycle therapy rides, adventure activities and small-group therapy sessions. The group of vets will attend and participate in the Indian Motorcycle-sponsored Durango Rendezvous event in Durango, Colorado where they'll be welcomed by fellow veterans and VCR alumni.

The Veterans Charity Ride was created by veteran Army Paratrooper Dave Frey and leverages the therapeutic effects of motorcycle riding to create an adventure of a lifetime for wounded and amputee combat veterans adjusting to post-war life.

To support the Veterans Charity Ride, donate, or to learn more visit VeteransCharityRide.org. Riders can also follow along on Indian Motorcycle's social media channels: Facebook, X and Instagram, and Veterans Charity Ride's social media channels: Facebook and Instagram.

ABOUT INDIAN MOTORCYCLE
Indian Motorcycle is America's First Motorcycle Company. Founded in 1901, Indian Motorcycle has won the hearts of motorcyclists around the world and earned distinction as one of America's most legendary and iconic brands through unrivaled racing dominance, engineering prowess and countless innovations and industry firsts. Today that heritage and passion is reignited under new brand stewardship. To learn more, please visit www.indianmotorcycle.com.

ABOUT VETERANS CHARITY RIDE
Veterans Charity Ride (VCR), started by veterans for veterans, is a non-profit organization that delivers Motorcycle Therapy and additional life changing, life-saving holistic programs specifically designed to assist wounded and amputee combat veterans with their needs and the issues they deal with on a daily basis. Helping our fellow veterans through outreach, action, activities, education and follow-up is what drives our organization. The end result of our program is a healthier and happier, more capable individual, who is now living life in a much better physical and mental condition, and able to help and support other veterans to do the same. Visit www.veteranscharityride.org to learn more and support this worthy cause.

 

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SOURCE Indian Motorcycle

FAQ

What is the purpose of the partnership between Indian Motorcycle and Veterans Charity Ride?

The partnership aims to support combat-wounded veterans through motorcycle therapy, helping them transition back to civilian life.

When and where will the Memorial Day reunion take place?

The Memorial Day reunion will take place from May 24-27, 2024, in Salt Lake City, Utah.

What activities are planned for the Veteran Motorcycle Therapy Month in June?

Activities include motorcycle therapy rides, adventure activities, and small-group therapy sessions in Moab, Utah, from June 8-16, 2024.

How can one support the Veterans Charity Ride?

Support can be provided through donations or by following Veterans Charity Ride's social media channels.

What is the stock symbol for Indian Motorcycle?

The stock symbol for Indian Motorcycle is PII.

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