SOURCE: AutoMax Group, Inc.

May 08, 2008 09:15 ET

AutoMax Group, Inc. Launches Its New Website www.AutoMaxGroup.net

MIAMI, FL--(Marketwire - May 8, 2008) - AutoMax Group Inc. (PINKSHEETS: AUMX), a company that finances and sells hard-to-find and exotic luxury cars and high performance powerboats, is proud to announce the launch of it company website.

Robert Rico, President and Founder of AutoMax Group, stated, "First of all, we would like to express our thanks to the creative team at On Fire Graphics that was responsible for creating our site. They incorporated all of the concepts and functions that we believe will give our site the look and functionality that are necessary in this new economy. The site will help us establish our virtual presence and function as an invaluable tool in showcasing our luxury, sports, and exotic cars and powerboats as we reach out to a truly global audience."

Mr. Rico continued, "Most importantly, we feel that the website is consistent with our overall vision, and it is an important component of our corporate strategy to distinguish ourselves by offering unique and hard-to-find exotic cars and powerboats for the most discriminating clientele. We are very excited with this new website, and remain committed to our larger expansion plans both in the U.S. and abroad. And of course, we invite everyone to visit our new website, at: www.AutoMaxgroup.net."

About AutoMax Group:

Automax Group, Inc. sells and finances luxury exotic cars and high-performance powerboats to the discerning and discriminating customer. Through its primary location in North Miami Beach, FL, the Company is dedicated to bringing its clients the high-end luxury car or boat of their dreams. Automax Group has developed an extensive network of industry connections earned through decades of experience in the market that give the Company a distinct advantage in locating exotic and hard-to-find inventory, and has plans to expand further in the United States and Europe. For more information, visit the company website at: www.AutoMaxGroup.net.

Safe Harbor Statement:

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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