This is the commencement of the marketing campaign for the vehicle.
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VTS will also be ordering up to 25 containers units of the Pacer for installation on various golf courses throughout North America, offering one of its three unique styles. The program is designed to allow the course extra cash flow and the ability to follow COVID Social Distancing Protocols while reducing germs and contamination.
Simultaneously, The Pacer single rider golf cart allows courses to increase the pace of play significantly over the more common and less efficient two passenger carts. They also come standard equipped with the Vantage Tag System which is upgradeable to the Infinity Screen.
The Pacers come in various colors and extra features designed for the individual market, especially gated communities, and is allowed to be road driven in certain states. Each cart comes with the Fleet Management Tracking software the company is known for.
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Please visit www. We have generated significant preliminary interest and will begin taking orders this month. It is our goal to sell several thousand of these vehicles during the next twelve months and based on pre-commitments this number should be easily attainable.
We have been able to fund this program without adding additional equity, thereby avoiding significant dilution. Its clients use VTS's unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety, and enhance customer satisfaction.
VTS has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over vehicles worldwide. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in single passenger golf cart Annual Report on Form K for the fiscal year and our subsequent Quarterly Reports on Form Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission.
Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.
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