SOURCE: Aero Performance Products, Inc.

June 11, 2008 09:45 ET

Aero Performance Products, Inc. Announces Initiation of Process to Apply for Over-the-Counter Bulletin Board Listing

SOUTH JORDAN, UT--(Marketwire - June 11, 2008) - Aero Performance Products, Inc. (PINKSHEETS: AERP), which operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner, today announced that the company has begun the process of applying for a listing of its stock on the Over-the-Counter Bulletin Board (OTCBB) through the filing of a 15c2-11 exemption with the Financial Industry Regulatory Authority (FINRA).

The filing will be made by one of the company's market makers. An exemption is available to market makers when they are moving from another quotation medium into the OTCBB.

"From the time we initiated the process of assuming fully reporting status of a public company, it was our intention to list on a market or exchange that only included fully reporting companies," commented Aero Performance Products CEO Bryan Hunsaker. "The company has been fully up to date with its filings since June 2006, and management believes that now would be a beneficial time to move forward with an OTCBB application for Aero. As always our shareholders' investment and security is paramount in our planning and direction.

"Although the OTCBB is not our ultimate goal, we do believe that an OTCBB listing would represent a significant upgrade in the company's status in the public markets. There are several disadvantages to the Pink Sheets, and we believe a significant number of those can be overcome through the OTCBB listing. We will continue to send out updates as the process progresses," Mr. Hunsaker added.

To sign up to receive information by email directly from the company whenever new press releases, investor newsletters, SEC filings, and other written material is issued, please visit http://www.aeroperformanceproducts.com.

About Aero Performance Products, Inc.

Aero Performance Products, Inc. (www.aeroperformanceproducts.com) operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Aero's product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate website, www.aeroexhaust.com.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K for fiscal year 2007 filed with the Securities and Exchange Commission.

Contact Information

  • CONTACT:
    Gemini Financial Communications, Inc.
    A. Beyer
    951-677-8073
    Email Contact