Here Enterprises' Newly Renovated Cycle Ranch Speedway & Wind Park Attracts Feature Events
LAS VEGAS, March 17, 2011 /PRNewswire/ -- Here Enterprises, Inc. (Pink Sheets: HRTE), a growing developer of clean energy, is pleased to announce an expanded lineup of feature events at its wholly owned Cycle Ranch Motocross Park subsidiary. Here Enterprises acquired Cycle Ranch, Inc. on September 9, 2010 and has recently completed comprehensive renovations to the commercial facilities to increase attendance, revenue, sales, and high profile events. In addition to the new races, Here Enterprises has completed phase one installation of its onsite wind energy project and is exploring a solar array installation to maximize revenue, profitability and clean energy generation at Cycle Ranch.
Touted as one of the top five motocross tracks in the nation, Here Enterprises' wholly owned Cycle Ranch Motocross Park subsidiary will host several feature races in 2011 including nationally televised events plus numerous smaller races. Here Enterprises is proud to bring American Motorcyclist Association (AMA) Loretta Lynn Area Qualifier to Floresville, Texas on April 9 and 10.
Mark Ryun, CEO of Here Enterprises, commented: "Here Enterprises is realizing our overall business objective of combining commercial operations with sustainable energy production. Cycle Ranch now boasts upgraded equipment, property improvements, additional services and expanded facilities including a new GP/Vet Track and RV camping sites. With a comprehensive race schedule including newly added, nationally televised events and more races to be announced. Here Enterprises expects the motocross park to increase revenue substantially this year, particularly as the wind and solar energy projects come online."
Cycle Ranch is an established commercial motocross speedway in Floresville drawing hundreds of fans, spectators and competitors each week. Here Enterprises has installed its first series of high efficiency variable pitch turbines and intends to develop solar energy systems on the Cycle Ranch property.
About Here Enterprises, Inc. (HRTE)
Here Enterprises is a developer of wind power, our nation's fastest growing renewable energy resource. The Company is engaged in planning, developing, acquiring and operating wind farms in the United States to generate clean, profitable wind energy. Here Enterprises is developing wind energy projects which co-locate wind farms with commercial businesses in order to maximize cashflow for each project.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HRTE has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect HRTE's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the HRTE's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HRTE undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.
SOURCE Here Enterprises, Inc.
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