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San West, Inc.: San West, Inc. Declares Five-for-One Stock-Split

^{Published on 2009-10-12 13:08:21 - Market Wire}
 

SAN DIEGO, CA--(Marketwire - October 12, 2009) - San West, Inc. (OTCBB: [ SNWT ]) today announced that its Board of Directors has approved a five-for-one stock split to be effected in the form of a stock dividend. The Company will distribute four additional shares of its common stock to all shareholders of record at the close of business on October 26, 2009 for every share of common stock held on that date. The shares will be distributed on November 2, 2009 by the Company's transfer agent, First American Stock Transfer so that the new shares issued will equal 5 times the pre-split number with fractional shares rounded up to the nearest share.

"This stock dividend allows us to share our success with our loyal stockholders to the extent of our authorized stock and underscores our confidence in the strength of our Company and its prospects for the future," said Frank Drechsler, SNWT's President and Chief Executive Officer. "We remain committed to building stockholder value by providing consumers with extraordinary products and service."

About San West, Inc:

San West designs, manufacturers, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies; products are sold via three divisions: at retail store locations; via the online store and; through its growing dealer network. Buggy repair services are sold and fulfilled at the Santee California retail location.

For further information about San West, Inc. visit [ www.SanWestInc.com ] and [ www.BuggyWorld.net ]

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). SNWT cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.