SOURCE: SkinzWraps, Inc.

May 31, 2007 09:46 ET

SkinzWraps Announces the Successful Launch of Its First Major Joint Venture: Hail Guard, Inc.

DALLAS, TX--(Marketwire - May 31, 2007) - SkinzWraps, Inc. (PINKSHEETS: SKZW), a full-service vehicle wrap company, announced today that it has successfully launched its first major joint venture, Hail Guard, Inc., with strategic partner Nationwide Auto Services, Inc. Hail Guard, Inc. is the result of approximately four months of confidential discussions and comprehensive R/D between SkinzWraps and Nationwide Auto Services on the development of a "hail protection device" for vehicles that would leverage both companies' expertise and resources. With the prototypes built and tested strategic vendors on board, Hail Guard, Inc. flagship product, Hail Guard 1 will be ready to go to market in 45-75 days. Hail Guard, Inc. will service three markets: automotive manufacturers, automotive dealerships and end-user consumers. New clients of SkinzWraps, from the product release date forward, will be receiving a complimentary Hail Guard 1 courtesy of SkinzWraps.

"Many millions of dollars are spent every year fixing hail damaged automobiles. Through Hail Guard, Inc, we plan to redirect a sizable percentage of these funds to the prevention of hail damage and we are confident that we have and will maintain first mover advantage," says Peter C. Salaverry, Chairman & CEO of SkinzWraps, Inc. He adds,"SkinzWraps is very excited to be working with Nationwide Auto Services. Their proven success, work ethic, integrity and creative problem solving skills are impressive."

About Hail Damage in General:

These statistics have been compiled by State Farm Insurance.

--  The United States experiences approximately 3,000 hailstorms a year.
--  Four states -- Texas, Oklahoma, Kansas, Nebraska -- are hit with 42%
    of all hail storms with some parts in each state being hit with an average
    six strikes a year.
--  Among State Farm's 25 highest claim payouts in history, eight involved
    significant damage caused by hail.
--  State Farm's fifth-largest payout for a single catastrophic event
    occurred in 1992 -- about 68,000 claims totaling nearly $245 million
    resulting from a hailstorm in Fort Worth, Texas.
--  Texas officials estimate that up to 40 percent of all homeowners
    insurance claims in that state result from hail damage.
About SkinzWraps, Inc.

SkinzWraps, Inc. is the industry's leading vehicle wrap company offering a full suite of solutions; award-winning design, high definition printing and expert installation. SkinzWraps, Inc. pioneered the concept of wrapping vehicles 6 years ago and continues to set new standards and push this type of outdoor advertising and marketing to a higher level. SkinzWraps, Inc. offers mobile advertising and vehicle wrap solutions to all types of businesses; whether you're promoting a small business, launching a new product or a well-established company looking for new and creative ways to advertise and reach new customers. In addition to unit vehicle wraps and design, SkinzWraps can create a broad, multi-vehicle mobile advertising campaign; an approach which is increasingly being used by Advertising, Promotion, Marketing and Public Relations firms as well as large corporate branding departments as part of their marketing strategies. SkinzWraps has the experience and credibility to service all of your vehicle wrap and mobile advertising needs. Our clients include: Sony Records, American IronHorse, Pepsi America, WingStop, Coors Light, United States Marine Corps, Hooters, Scion of Dallas, Clear Channel Communications, Universal Records, Auto Trader, Speedzone, Cagnazzi Racing, Starplex Cinemas, ITZ Restaurants, Shell GTL Fuel, CBS Radio, and CompUSA. For more information, visit the company's website at

About Nationwide Auto Services, Inc.

Nationwide Auto Services' mission is to provide the highest level of service in the paint repair and automotive services industry. They accomplish this by combining new and innovative paint repair techniques with our proven methods and by providing high quality staffing support for auto manufacturers and vehicle processing centers. A commitment to quality, immediate response and the ability to constantly adapt to the customers needs will remain their priority. Using the latest industry techniques along with our many years of experience they strive for excellence and are unsurpassed in customer service through the highest quality craftsmanship in the work we perform. At Nationwide Auto Services their repair service in PDR, Overspray and Flood damage is performed by the best technicians and project managers in the business.

Forward-Looking Statements Disclosure

Forward-looking statements involve risks and uncertainties. This press release may contain "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Actual events could differ materially and substantially from those projected herein and depend on a number of factors.

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