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Twin Vee PowerCats Announces New Bahama Boat Works Model Lineup, Expanding the Brand's Legacy of Excellence

1. Twin Vee expands Bahama Boat Works model lineup with new center console models. 2. New models cater to younger buyers and families, enhancing market accessibility. 3. Monohull center console boats comprise nearly 90% of outboard-powered sales. 4. Manufacturing integration complete, focusing on quality and craftsmanship. 5. Company aims to lead both catamaran and monohull market segments.

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Why Bullish?

The expansion of Bahama's model lineup positions VEEE strategically in a lucrative market segment. Historical trends indicate that product line expansion can lead to increased sales and market share, as seen with competitors like Grady-White.

How important is it?

The article outlines significant strategic initiatives that could lead to revenue growth, affecting VEEE positively in the stock market. The focus on quality and expansive market access enhances investor confidence.

Why Long Term?

This decision aligns with VEEE's long-term growth strategy, potentially increasing customer engagement over several years. Expansion in product offerings typically influences financial performance positively over time.

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Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the official development and expansion of a full-scale Bahama Boat Works model lineup. This announcement follows Twin Vee's recent acquisition of Bahama Boat Works, marking a significant strategic milestone as the Company brings a broader range of premium monohull center console boats to the recreational marine market.The new Bahama lineup, under Twin Vee's direction, will include the addition of 22', 24', 28', and 31' center console models, providing an entry-to-mid-size range that complements Bahama's existing lineup of 35', 37', 41', and 41GT models. These additions create a comprehensive family of Bahama boats tailored to meet the needs of a wider variety of boaters, from coastal anglers and weekend cruisers to hardcore offshore fishermen, all while staying true to the brand's iconic heritage."These new models are being purpose-engineered from the keel up to embody Bahama's DNA: performance, durability, and uncompromising fit and finish," said Joseph Visconti, CEO and President of Twin Vee PowerCats Co. "The 22 through 31-foot models are being meticulously designed to reflect the same precision, clean lines, and premium features that define the Bahama experience."The monohull center console segment comprises nearly 90% of outboard-powered saltwater boat sales. Twin Vee's expansion into this space via the Bahama brand enables the Company to effectively reach a broader audience while maintaining a focus on quality over quantity. The addition of smaller models opens doors for younger buyers, families, and seasoned enthusiasts who seek the quality of a Bahama build in a more accessible size and price range.Twin Vee has completed manufacturing integration of Bahama Boat Works into its existing operations and is now executing on engineering and tooling across the new lineup. All new models will be built using advanced composite techniques, rigorous quality control, and the same attention to detail that has made Bahama synonymous with world-class craftsmanship."Every new Bahama model will carry forward the brand's core values: elegance in simplicity, structural integrity, and purpose-built performance," Visconti emphasized. "We are enhancing the Bahama name by giving more people access to what has historically been one of the most respected names in center console boating."From 22 feet to 41 feet, the updated Bahama model family will deliver premium ride quality, intelligent design, and industry-leading durability. Twin Vee is investing in both engineering and production resources to ensure every Bahama boat, regardless of size, reflects the excellence that has earned the brand its loyal following. This expanded lineup reflects Twin Vee's broader vision to lead both the catamaran and monohull segments of the marine market by offering high-performance, thoughtfully designed boats for discerning owners who demand the best.About Twin Vee PowerCats Co.Twin Vee PowerCats Co. manufactures a range of boats designed for activities including fishing, cruising, and recreational use. Twin Vee PowerCats are recognized for their stable, fuel-efficient, and smooth-riding catamaran hull designs. Twin Vee is one of the most recognizable brand names in the catamaran sport boat category and is known as the "Best Riding Boats on the Water™." The Company is located in Fort Pierce, Florida, and has been building and selling boats for 30 years. Learn more at twinvee.com.Visit Twin Vee PowerCats Co. on Facebook, Instagram, and YouTube.Forward-Looking StatementsThis press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and include statements regarding the development and expansion of a full-scale Bahama Boat Works model lineup, the new Bahama lineup including the addition of 22', 24', 28', and 31' center console models providing an entry-to-mid-size range that complements Bahama's existing lineup of 35', 37', 41', and 41GT models, creating a comprehensive family of Bahama boats tailored to meet the needs of a wider variety of boaters, from coastal anglers and weekend cruisers to hardcore offshore fishermen, all while staying true to the brand's iconic heritage, the new models embodying performance, durability, and uncompromising fit and finish, designing the 22 through 31-foot models to reflect the same precision, clean lines, and premium features that define the Bahama experience, Twin Vee's expansion into the monohull center console segment via the Bahama brand enabling the Company to effectively reach a broader audience while maintaining a focus on quality over quantity, smaller models opening doors for younger buyers, families, and seasoned enthusiasts who seek the quality of a Bahama build in a more accessible size and price range, executing on engineering and tooling across the new lineup, building all new models using advanced composite techniques, rigorous quality control, and the same attention to detail that has made Bahama synonymous with world-class craftsmanship, every new Bahama model carrying forward the brand's core values: elegance in simplicity, structural integrity, and purpose-built performance, enhancing the Bahama name by giving more people access to what has historically been one of the most respected names in center console boating, the updated Bahama model family delivering premium ride quality, intelligent design, and industry-leading durability, investing in both engineering and production resources to ensure every Bahama boat, regardless of size, reflects the excellence that has earned the brand its loyal following and leading both the catamaran and monohull segments of the marine market by offering high-performance, thoughtfully designed boats for discerning owners who demand the best. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to develop and expand its full-scale Bahama Boat Works model lineup, the Company's ability to create a comprehensive family of Bahama boats tailored to meet the needs of a wider variety of boaters, from coastal anglers and weekend cruisers to hardcore offshore fishermen, while staying true to the brand's heritage, the Company's ability to reach a broader audience while maintaining a focus on quality over quantity through its expansion via the Bahama brand into the monohull center console segment, the Company's ability to build the new models using advanced composite techniques, rigorous quality control, and the same attention to detail that has made Bahama synonymous with world-class craftsmanship, the Company's ability to carry forward the brand's core values with every Bahama model, the Company's ability to ensure every Bahama boat, regardless of size, reflects the excellence that has earned the brand its loyal following, the Company's ability to lead both the catamaran and monohull segments of the marine market by offering high-performance, thoughtfully designed boats for discerning owners who demand the best, and the risk factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, the Company's Quarterly Reports on Form 10-Q, the Company's Current Reports on Form 8-K and subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.Contact:Glenn Sonoda[email protected]SOURCE: Twin Vee PowerCats Co.

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