OSO News

OUTERLIMITS POWERBOATS FEATURED ON CNBC-TV NEWS
“ON THE MONEY” FRIDAY, SEPTEMBER 14, 7-8 PM EST

Outerlimits Powerboats will be a feature on CNBC’s news show, “On the Money” featuring reporter Mike Hegedus. Hegedus first became acquainted with Outerlimits as a part of his feature on the luxury market, reported from the 2007 Miami International Boat Show. After his interview with Outerlimits owner/president, Mike Fiore, and a ride in the new 51 GTX with Mercury Racing 1200 HP engines, Hegedus decided to visit the Outerlimits facility in Bristol, Rhode Island, to further report on its custom powerboat building business.

Hegedus toured the Outerlimits factory and service facility, then went for a ride with Fiore on Narragansett Bay, in a 39' Outerlimits Quattro with Mercury Racing 700 SCi engines, on a picture-perfect summer day. His story will provide an over-view of the high-end custom powerboat building business and the 14-year progress of Fiore's family-run, booming business.

The CNBC TV news show will be aired on Friday, September 14, 2007 between 7-8 PM and may also periodically re-run during the network’s season. “Mike on America” videos can also be seen at www.cnbc.com.

Hegedus has received many awards for his reporting and has been with CNBC since 1998, covering a variety of international stories on politics and business and his current feature program is a showcase of outstanding American companies and events. “I spend all my time trying to fine unique, 'made in America' stories,” says Hegedus, “Few meet that criteria as well as Outerlimits--an American family business that has discovered what U.S. business does best in this century. They have created a unique, high end, market niche for a product that only Americans can produce—it was a pleasure to tell that story,” he added.