ALSIP, IL — Universal Automotive Industries has engaged Elite Financial Communications Group, a financial communications, investor relations and strategic resourcing firm, to serve as its investor relations counsel. Universal has hired the firm to assist in the launch of a market awareness campaign.
Elite will work closely with Universal Automotive’s executive management team to increase visibility and market support within the investor community. In addition, Elite will assist with the development of a fully integrated communications program, including a new corporate message, reflecting management’s strategic vision, operational and financial performance and ongoing business expertise.
Dodi Handy, president and CEO of Elite, said, “Despite being noted as one of the nation’s fastest growing manufacturers and distributors of automotive brake parts for the $2.3 billion automotive brake part aftermarket, Universal Automotive has remained largely overlooked by the Wall Street community. Considering the company boasts a portfolio of widely recognized and respected brands and premium products, and is executing sound strategies for improving margins, Universal Automotive may offer savvy investors a unique opportunity to capitalize on a truly compelling, high growth situation.”
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