2008-08-13 23:33:02 -
- TravelCenters of America LLC (AMEX: TA) today announced it entered an amendment to its long standing agreement with Daimler Trucks North America LLC.
"TA" and "TravelCenters of America" heavy truck repair centers have been ServicePoint(R) branded locations since 1999 complementing the services provided by the Daimler dealer network. The TA and TravelCenters repair shops are the only truck stop repair facilities which are authorized by Daimler to provide certain warranty services to Daimler brands of heavy duty trucks. TA, TravelCenters and Petro:Lube locations provide repair and maintenance services to heavy duty trucks of all brands and types by certified technicians 24 hours a day, 365 days a year in nearly 1,000 service bays across the U.S.
The
amendment announced today will add ServicePoint(R) branded repair services to all Petro:Lube facilities at Petro Stopping Centers locations. It also incorporates expanded coordination of customer repair services with certain authorized dealer locations of the Daimler Trucks North America network. TA expects that its Petro:Lube locations will begin to become ServicePoint(R) authorized warranty service providers beginning late September 2008 and expects substantially all Petro:Lube locations to be ServicePoint(R) authorized locations before the end of the first quarter of 2009.
About TravelCenters of America LLC
TA's travel centers are operated under the "TravelCenters of America", "TA" and "Petro Stopping Centers" brand names and offer diesel and gasoline fueling services, restaurants, heavy truck repair and maintenance services, stores and other services. TA's nationwide business includes travel centers located in 41 U.S. states and in Canada. WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND THE FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON TA'S PRESENT BELIEFS AND EXPECTATIONS BUT THEY ARE NOT GUARANTEED TO OCCUR AND THEY MAY NOT OCCUR FOR VARIOUS REASONS. FOR EXAMPLE:
-- THIS PRESS RELEASE STATES THAT TA EXPECTS THAT SERVICEPOINT(R) BRANDED SERVICES WILL BE AVAILABLE BEGINNING IN SEPTEMBER 2008, THAT SUCH SERVICES WILL BE AVAILABLE AT SUBSTANTIALLY ALL PETRO:LUBE LOCATIONS BEFORE THE END OF THE FIRST QUARTER 2009. IN FACT, IT MAY TAKE LONGER THAN NOW ANTICIPATED TO COMPLETE THE TRAINING OF PERSONNEL AND THE ADDITION OF SERVICEPOINT(R) TO THESE LOCATIONS, OR TA MAY ENCOUNTER DIFFICULTIES WHICH PREVENT SOME OR ALL OF THE ANTICIPATED SERVICES AT SOME OR ALL OF THESE LOCATIONS.
-- THIS PRESS RELEASE MAY IMPLY THAT THE SERVICEPOINT(R) AUTHORIZATION WILL INCREASE TA'S REVENUE AND PROFITS. HOWEVER, THE ADDITION OF SERVICEPOINT(R) TO PETRO:LUBE LOCATIONS MAY HAVE NO IMPACT ON TA'S REVENUE OR PROFITS. FOR EXAMPLE, INCREASED REVENUES AT PETRO:LUBE LOCATIONS MAY BE OFFSET BY DECREASED REVENUES AT TA'S OTHER LOCATIONS. ALSO, REVENUES AND PROFITS AT PETRO:LUBE LOCATIONS MAY NOT INCREASE OR MAY DECLINE FOR OTHER REASONS, MANY OF WHICH, LIKE THE INCREASING COST OF FUEL OR A GENERAL ECONOMIC DECLINE, ARE BEYOND TA'S CONTROL.
FOR THE FOREGOING REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE.
TravelCenters of America LLC
Timothy A. Bonang
Director of Investor Relations
or
Carlynn Finn
Manager of Investor Relations
617-796-8251
www.tatravelcenters.com
