Twin Vee PowerCats Announces Brisk Sales Launch of its 400 GFX

The Twin Vee 400 GFX begins selling to Twin Vee dealers along the Gulf Coast as production for the 40' offshore catamaran is ramped up to meet dealer demand

FORT PIERCE, FL / ACCESSWIRE / September 28, 2022 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport catamaran boats, today announced that is has sold four of its all-new 400 GFX boats to dealers in Florida and Texas. Production of the 400 GFX has been ramping up since July 2022, when the 40' catamaran was first launched. The initial sales of these boats will generate over $2 million in revenue for Twin Vee.

Foto: Accesswire

RYCO Marine, located in Fort Myers, Florida, has received Twin Vee's first 400 GFX. "Ryan Bradley and Marco Brummund, the general manager and owner of RYCO Marine, respectively, are ecstatic about our new 400 GFX," states Joseph Visconti, President and CEO of Twin Vee PowerCats Co. "We have designed and built what we believe is a game-changing offshore catamaran. Not only are our Twin Vee power sport catamarans known for being the best riding boats on the water, but the price range for this offshore Cat is one of the best value propositions in the 40 foot market." RYCO Marine has ordered a second 400 GFX, and RYCO feels confident that sales of these larger boats will develop into a much larger retail market segment.

Foto: Accesswire

Twin Vee has also sold two 400 GFX to VIP Boats and Yachts, a dealer in Freeport, Texas. According to Visconti, VIP Boats and Yachts sells to, and supports, some of the most demanding customers in the offshore fishing market. Daron Wood, VIP Boats and Yachts' President, is impressed with Twin Vee's 40-footer, "To play in the 40-foot offshore market and compete with some of the country's best and iconic boat brands not only demonstrates Twin Vee's self confidence in the products it designs and manufactures, but the strategic thinking involved by introducing new and larger boats to the market. Twin Vee has debuted four new models in the past 18 months: the 260, 280, 340, and now their 400 GFX. We believe in Twin Vee, and as a result, we ordered two of the 400 GFXs to jump-start our sales season," states Wood.