SOURCE: Carbon Race Corporation

February 22, 2007 08:00 ET

Carbon Race Corporation to Introduce Carbon Fiber Competition and Junior Class Race/Recreational Kart Designs at Kart Expo International

CHICAGO, IL -- (MARKET WIRE) -- February 22, 2007 -- Carbon Race Corporation (PINKSHEETS: CBRJ) will introduce two new Karts, MKI Competition and MKI Junior, at the Kart Expo™ International, North America's Largest Kart Show, to be held at the Renaissance Schaumburg Hotel and Convention Center, Schaumburg, IL, February 24-25. Carbon Race's MKI Kart is the industry's first full monocoque chassis manufactured with advanced composite/carbon fiber technology, and has been engineered using wind tunnel testing for greater aerodynamics and Formula 1-like ground effects.

Carbon Race (PINKSHEETS: CBRJ) has introduced Formula Car technology -- monocoque hulls, carbon fiber composites, and wind tunnel testing -- into products for a much wider Motorsports market. The MKI Junior Kart is designed for competitive youth racing, where numerous pro drivers started, and will be an exceptional step-up recreational Kart. The MKI Competition Kart is widely used for racing by the very experienced driver. Other race and recreational products are with the Carbon Race (PINKSHEETS: CBRJ) design and engineering teams now.

"Our customers are interested in innovation, engineering supremacy, style and performance. The importance of such product development and manufacturing for the worldwide market can't be overstated. With our new design and engineering innovation, we are positioning the company to excel in the marketplace. These products tend to sell faster and will generate increased profits," commented Lynnette Knafelc, CEO of CBRJ.

About Carbon Race Corporation

Carbon Race Corporation is a design, engineering and manufacturing company, focused on advanced composite material products, using the company's proprietary "Carbon Fiber" technology. The company has a state-of-the-art R&D, design and engineering facility in Paruzzaro, Italy to provide lightweight and cost-effective solutions to aviation, automotive, sporting, racing, building materials and various other markets. For more information, visit www.carbonrace.us.

Forward-Looking Statement

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

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