SOURCE: Aero Performance Products, Inc.

May 20, 2008 09:26 ET

Aero Performance Products, Inc. Releases May 2008 Newsletter Highlighting Recent News From Aero Exhaust

SOUTH JORDAN, UT--(Marketwire - May 20, 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 released its May 2008 newsletter, including the recent announcement that the company has completed the move of all of its warehousing to its new facility in Bluffdale, Utah and is continuing the build-out of the facility to include Aero's administration, product development and marketing. The company currently projects that it will complete its move to the new location by July 1, 2008.

A PDF version of the newsletter is posted in the media archive of the company's website at http://www.aeroperformanceproducts.com, and a notice will be distributed through Aero's website-based mailing list.

The newsletter includes a review of recent news related to increased distribution of Aero Exhaust products. The company has announced the addition of a new distributor, XS Performance Ltd., for the Australia and New Zealand markets. Aero manufactures and distributes the most technologically advanced muffler on the market, and the Aero technology has achieved patent protection in Australia, as well as the United States and preliminary approval for a patent application on Aero's product technology in 18 European countries. Aero product lines are built to the highest industry standards and offer the consumer an unprecedented 30-day satisfaction guarantee and lifetime warranty.

Aero also recently announced that it has retained CFO Solutions (www.utahcfo.com), a Utah based company that provides a broad range of financial services to its clients. CFO Solutions guides client companies through the implementation of an efficient financial system, including internal controls, procedures and reporting. It will help to recruit, hire, and train finance and accounting staff, as necessary, and to make the Aero's administrative, financial and accounting organization more cost effective and efficient.

In the CEO Greeting to shareholders, the May newsletter includes Bryan Hunsaker's recent comments related to the company's quarterly report filed on Form 10-QSB for the period ended March 31, 2008 with the Securities and Exchange Commission. The filing reported increased sales and reduced expenses for the quarter over the same period last year.

In his statement, Mr. Hunsaker said, "The sales of Aero Exhaust products in April and thus far in May are improved over last year and show a significant improvement over March's performance. We expect those numbers to positively impact the second calendar quarter financial results. We also continue to cut costs, and the consolidation of a number of corporate and operational functions in our new facility is expected to contribute to even lower expenses for Aero in the coming quarters."

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