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-PUhbE-mtVE Trimable Surface Drive USpatent#5'326-294 RESORT & CASINO An tntorprlte of th* Chenwfcu*vt feKfkut tr!b« Ftaafcie Frage* & Hany Scbodl Propulsion Systems Inc. 550 Fairway Drive Suite I03A Deerfield Beach, FL 33441 Dear Franks® & Hairy, It has been nearly ssx;nonlhs since the new PSI stsrfeee drives have been installed audlfckh was time so let you kftow exactly how things are going and how pleased we are with our investment Just to be clear, prior to the installation of (fee new PSI drives the previous outdrives were lasting 2-3 weeks. Esehthne whadadrivc&iluretbcrefcuild was $1600 a»d fee round trip ^l^g^dKiej^ofdieiiRvea was another $500. ifyou^to itthejmiBtmmce time to tmiall a drive, fee opportunity cost* of what fee inaiatenanee department coald be accomplishing, the teas of customer revenue, and Ifaa cHStomer du^'sfacrion, fee cost of each could easily foe pfeeed ^ $3500. The ongoing drive fetlares also placed the Resort in a position of high potential liability for w, and vessel should the outdrive failure occur during a key maneuver or during To sure it up the ongoing outdrive Mutes wc were experiencing were costing the Resort dearly in both direct and indirect costs. flow for fee positive acm. Since we have installed your PSI outdrives fee boat has only been down for six hours which could be attributed direcdy to the drives, That is during nearly six months of operation! Sufi* a conservative estimate I feel we have saved nearly $26,000 sa diiect easts in fee fins* six months. Also, the installation of the PSI drives has benefitted us in two very unexpected ways, fits?, during fee first few months of 1999 the water levels &r Lake Havasa were the lowest seen in nearly a decade. It would have foeen virility impossible to operate fee heat is fee marina car channel during this t«a>e had the sew drives no? been installed, the 108 - 12s lesser draft made it possible. If the old drives were m operation the fetfure rste would have doubted because of fee inevitable hits taken from the lake bottom. Secondly, we are absolutely amazed at fee p.o. eox my • havasu uw, ca. m*3 • phan* <760! asa-ww • fa* t760) TOU f rn iSOOl 307-M10 « INTERNET wwwJwvott,km
