Hurricane Motorsports - New Ownership Announcement

[marps]

Rich and I are very pleased to announce a new owner of Hurricane Motorsports. Please join us in welcoming CRW Management of Mansfield, Texas new owner of Hurricane Motorsports. We are very excited about the future of Hurricane Motorsports with the new ownership. They will be able to bring the resources to the table to propel Hurricane Motorsports to new heights in the industry. I have included the official press release below.

-- PRESS RELEASE --

Dallas, Texas June 20, 2008: Hurricane Motorsports purchase has been completed and new owners will be relocating operation to a new location. CRW Management of Mansfield, Texas has purchased the complete operation of Hurricane Motorsports. New owners will begin the process of moving the complete operation to a 17,000 square foot facility in Dallas, Texas on Tuesday June 24, 2008. The Hurricane's new facility will house a complete Sales and Customer Support department as well as a large warehouse for operation to support production of up to 20 cars and kits per month. The new facility will include a showroom to display a complete car as well as chassis in various stages of completion.

Plans are to have new facility in production by September 2008. Prior to the release of the first complete kit, support for new customers and existing customers will be available through the Toll Free number (888) 946-4737. Customers will be able to continue using the forums on line or contact the office by email at sales@hurricane-motorsports.com.

Announcements will be forthcoming on the Grand opening and open house dates in the near future. Dates for these events will be posted on web site and other media sources.

Along with the purchase of company and the relocation, new owners announced they have appointed long time Cobra owner, driver and enthusiast Jay Nordstrom as President and Managing Partner. Jay will be overseeing the process of making sure all kits shipped will maintain true Cobra style and each kit will provide years of pleasure for owners. Nordstrom will oversee improvements to current products and to review and incorporate customer's suggestions into future production as well as manage daily operations.

Hurricane's new owners state that this purchase was planned to be a long term commitment to provide highest quality products to the replica market customers for years to come. New products and services including parts and apparel for Cobra owners will be available soon.