Speedemissions, Inc. (SPMI) CEO Featured in Exclusive QualityStocks Interview

QualityStocks announced today that an exclusive interview with Speedemissions’ President and CEO Rich Parlontieri has been published online. The interview can be found at: www.qualitystocks.net/interview-spmi.php.

Speedemissions is engaged in vehicle emissions testing and safety inspection, a $2.5 billion market in which some 87 million vehicles are tested on an annual basis for emissions quality. Currently, the company operates 43 vehicle emissions testing and safety inspection stations in the United States under the trade names of Speedemissions and Auto Emissions Express; Mr. Sticker; and Just Emissions. Speedemissions is notably one of the largest test-only emissions testing and safety inspection companies in the United States. The company’s proprietary technology application, CARbonga is used for the diagnosis of automobile computer systems using the on-board diagnostic port in cars that have been produced since 1996.

Mr. Parlontieri begins the discussion by speaking of Speedemissions’ market and evolving business model. “We’re in an industry that’s mandated in 32 states under the Clean Air Act that had been revised from 1970, and we’re a business that prides itself on speed and convenience of getting the customer’s car done quickly, efficiently and effectively so they can get to the tag office and renew their license plates. But our model is changing… because the industry is changing. And we have worked on changing the business model, not deserting the core business of course. When you have 43 stores you’re generating about 250,000 emission customers in those four states, obviously it’s a very solid and very proficient business with a long history…”

Since being founded 14 years ago, Speedemissions has grown under the leadership of Mr. Parlontieri and multiple other key executive and general management figures. Mr. Parlontieri highlights upon this growth, these team members’ wide range of experience, and how they have contributed to that growth.

It is also noted that Speedemissions has expanded into the automotive technology industry with the development of mobile applications, most notably with the CARbonga diagnostic app. Mr. Parlontieri also discusses how the app offers value to customers and the industry-at-large, and the details behind and reasons for its creation. “It’s something that we think can really provide for us a tremendous upside, long-term opportunity,” he notes.

Looking to the future, Mr. Parlontieri notes that Speedemissions has laid the foundation for franchise expansion and innovation in 2014. He says, “First of all we’re going to continue to stay with the core business and look for opportunities to expand that, that piece of the business model … late last year — or mid-year — we signed an agreement to go into a new market that we’re working on that we have the potential to open 24 emission only testing stores in a brand new market for us that we’re very, very excited about that has a lot of upside potential and would allow us to expand into not just one state but probably two or three other states on top of that …”

The interview also makes note of Speedemissions’ recent rebranding for its repair facilities and emissions stores, Espresso Car Care Café and Espresso Emissions.

For more information, visit www.speedemissions.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net