NEWS RELEASE
Stamford Tyres is first
in Asia Pacific to distribute next generation of Continental
tyres – the ContiSportContact 3
Key Highlights:
- New high-tech tyre designed for sporty vehicles
- Boasts shorter braking distances, enhanced handling characteristics
and improved driving safety on wet roads
Singapore, December 3rd, 2006 – Mainboard-listed
Stamford Tyres Corporation Limited (“Stamford Tyres”
or the “Group”), a global tyre and light alloy wheel
specialist, today announced that the Group will be the first
to distribute Continental’s new ContiSportContact 3 tyre
in Asia Pacific, in partnership with German tyre manufacturer
Continental AG.
Specially designed for manufacturers and drivers of sporty
vehicles, this next generation of sporty vehicle tyres boasts
excellent features such as shorter braking distances, further
enhanced handling characteristics and improved driving safety
on wet roads. Through its long-standing partnership with Continental
AG, Stamford Tyres currently distributes Continental tyres across
the Asia Pacific region, in Singapore, Brunei, Thailand, Indonesia,
as well as Shandong Province and Shanghai in China.
Said Mr Wee Kok Wah, President of Stamford
Tyres, “We are proud to be the first in Asia Pacific to
launch Continental’s newest addition to their range of
high-tech tyres - the ContiSportContact 3. Going forward, we
are optimistic about our growth prospects and expect the ContiSportContact
3 to boost the continued expansion of our business in distributing
high performance tyres and improve the product mix of our major
brands.. The introduction of this high-tech tyre is in line
with our focused strategy of catering to the strong growth in
demand for high performance tyres in South East Asia.”
The ContiSportContact 3
Improved handling characteristics from ribbed tread pattern
and asymmetry
Designed for safety when making sharp manoeuvres, the ContiSportContact
3 features an asymmetrical ribbed tread pattern, which maintains
a grip on the largest possible contact area, thus providing
the outer side of the tyre with a strong grip for fast cornering
and additional steering stability at high speeds.
Increased grip on wet roads
With state-of-the-art silica compound, the ContiSportContact
3 provides improved driving safety, particularly on wet roads.
Braking distances on both wet and dry surfaces for ContiSportContact
3 have been reduced by five and three per cent each, while aquaplaning
protection has been improved by six per cent. In addition, rolling
resistance and tyre wear on the new ContiSportContact 3 have
each been reduced by five per cent.
Specific tread patterns for rear wheel drive sports cars and
customized vehicles
Continental’s tyre developers have designed a special
tread pattern, which features a double rib in the tread centre
with a Y-shaped groove separating the two ribs, specifically
for high-powered rear wheel drive sports cars. The design further
enhances driving stability during high-speed cornering and on
the straight. A further tread pattern is available for extremely
powerful customized vehicles. To provide these high-performance
vehicles with maximum grip, this tread pattern features larger
tread lugs and even more tread rubber.
As further endorsement, the ContiSportContact
3 has received approval from global auto giants Audi and Renault
for use as Original Equipment.
About Stamford Tyres Corporation Limited
Established in the 1930s, Stamford Tyres is today a global
tyre and light alloy wheel specialist. The Group provides integrated
value-added services including global distribution, retail operations,
and fleet and mining management services. It also has manufacturing
services through its alloy wheel manufacturing and tyre outsource
contract manufacturing – Sumo tyres programme.
The Group’s established international distribution network,
currently spans more than 30 countries in Asia Pacific, Africa,
Australia and USA, where it distributes and retails major brands
including Falken, Dunlop, Continental and Toyo Tires and its
proprietary brands – Sumo Firenza tyres, Sumo Tire and
SSW wheels.
Already the largest independent tyre and wheel distributor
in Southeast Asia, the group continues to strengthen its product
development and is committed to brand building. The Group operates
the most extensive retail network in Singapore with 17 Mega
Marts and Tyre Marts that offer a comprehensive range of tyres,
wheels, batteries, car audio and auto accessories, as well as
workshop and tyre services.
To complement its core distribution business and increase its
earning stream, the Group established a wheel manufacturing
plant in Thailand to manufacture alloy wheels for cars and SUVs.
It has also established outsource contract manufacturing arrangements
with established tyre manufacturers in the PRC, Japan, Vietnam,
Thailand and Indonesia to increase its range and allocation
of tyres, as well as develop its proprietary brands.
Stamford Tyres was listed on the SGX-Sesdaq in 1991, and was
upgraded to the Mainboard in April 2003.
