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FOR IMMEDIATE RELEASE
Terminal Velocity Racing Signs Amateur Motocross Sensation Thomas Covington to Multi-Year Sponsorship and Endorsement Agreement
Agoura Hills , CA (November 17, 2008) –
Terminal Velocity Processing, through its subsidiary Terminal Velocity Racing announced today that Monster Energy Kawasaki Team Green’s Thomas Covington has agreed to a multi-year contract to represent the fast-growing merchant bank and credit card processing company. Covington is the 2008 AMA National Champion and NMA Ponca City Champion in the 85cc 9 to 11 year old Stock classes and has been a consistent top performer and known personality in the ever-competitive amateur motocross scene. Covington will begin his tenure with the company at the Winter National Olympics in Gainesville , FL later this week where he will be challenging the nation’s best riders for Supercross and Motocross titles.
“We are proud to associate our company to such a great kid as Thomas Covington at such an early age in his career”, stated Jim Wilson, CEO of Terminal Velocity. “We are dedicated to supporting the racing community by sponsoring talented individuals who display the heart, dedication and true sportsmanship it takes to make it to the top in racing today. Our support of amateur racing is a way we can give back to the sport that we all have a passion for here at Terminal Velocity Processing. We have chosen to focus our marketing on racing and it’s a great place for us to be.”
Joe Parson’s, Terminal Velocity’s Director of Marketing is also excited about their entry into amateur motocross: “I have kept up with Thomas for several years now and I know that he represent our values and our passion for winning”, says Parsons. “It is also great to make Terminal Velocity a “groundbreaker” when it comes to having non-endemic sponsors enter this market. Hopefully, our sponsorship of Thomas will generate a lot of interest for our company and we will both (amateur mx and the company) benefit from it.”
Covington has had a solid year in 2008, finishing on the podium at every national this year and claiming two national titles. “Man, I’m stoked to be working with a company like Terminal Velocity and all my sponsors. I really appreciate all my sponsors this year helping me do what we do”, stated Covington . “I hope people will ask me or my dad about Terminal Velocity at the races so we can tell folks about them and what they do.”
Terminal Velocity is one of the nations fastest growing credit card processing firms and it focuses its marketing efforts in the automotive and motorsports industries. The innovative company is involved in auto racing, off-road desert racing and motocross and uses its competitive advantages to bring economical and competitive rates to merchants of all kinds that accept credit card payments from customers.
for more info check out http://www.terminalvelocityracing.com
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©2009 Terminal Velocity Processing, Terminal Velocity International
all rights reserved
Terminal Velocity Processing, Inc is a registered ISO/MSP with Visa and MasterCard
through its Principal Bank Member, First Citizens Bank & Trust (FCB), Agoura Hills, CA (818) 735-9696
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