SOURCE: Carbon Race Corporation

February 28, 2007 17:57 ET

Carbon Race Corporation Reports Positive Response at North America's Largest Kart Show "Kart Expo International" in Chicagoland

CHICAGO, IL -- (MARKET WIRE) -- February 28, 2007 -- Carbon Race Corporation (PINKSHEETS: CBRJ) has had a successful debut at North America's largest Kart Show, Kart Expo™ International. Carbon Race (PINKSHEETS: CBRJ) received positive feedback by distributors and other attendees while exhibiting at the show. Carbon Race's (PINKSHEETS: CBRJ) various Racing Karts widely used in European Kart Races, which can reach speeds as high as 180 miles per hour, along with a technical presentation on their flagship Karts received an extremely positive response. As a result of the show, the Company anticipates an increase in sales of their Karts and an increase for other applications utilizing the Carbon Fiber material. As the sales become final the Company will make an announcement at that time.

"We are extremely excited by the response received at the show of our Carbon Fiber material, the MKI Competition and MKI Junior Karts. We will continue working hard to increase the sales and exposure to other markets," commented Lynnette Knafelc, CEO of Carbon Race (PINKSHEETS: 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 Statements

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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