SOURCE: AutoMax Group Holdings, Inc. (Brinkman Outdoors)

May 06, 2008 08:30 ET

AutoMax Group, Inc. Starts Trading Under Stock Symbol AUMX

MIAMI, FL--(Marketwire - May 6, 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 that effective immediately, the Company's shares are publicly trading under stock symbol OTC: AUMX. The Company is pursuing growth opportunities in the U.S. and abroad in this dynamic sector.

The Exotic/Super-Luxury Automobile market generates $1.5 billion annually, and the Ultra-Luxury/Prestige Sports Coupe market enjoys over four times the sales volume, more than 30,000 units per year and approximately $3 billion annually. This translates into a combined United States market of $4.5 billion, and according to the latest study conducted by the German Institute for Automotive Business at Nurtingen College, the global demand for luxury cars will increase by about 20% by 2008.

Robert Rico, President and Founder of AutoMax Group, stated, "I would like to take this time to welcome everyone to AutoMax Group. We are an established retailer of luxury cars and high-performance powerboats to the discriminating buyer. We are based Miami, one of the world's prime markets for exotic cars and powerboats. On a personal note, I have worked in this industry for more than a decade, with companies like Lamborghini as well as one of the largest exotic car dealers on the planet. Most recently, I consulted with the world-renowned Italian design group Pininfarina, responsible for the striking designs of Ferrari and Maserati motor cars since 1930, among others. I am looking forward to this next challenge, and we at AutoMax are looking to capture an even larger share of this incredibly exciting market."

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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