SOURCE: Diamond Powersports, Inc.

October 18, 2005 09:37 ET

Diamond Powersports Purchases Title Ownership of the Coveted AMA/Prostar World Drag Racing Finals for 2005

FORT LAUDERDALE, FL -- (MARKET WIRE) -- October 18, 2005 -- Diamond Powersports, Inc. (OTC BB: DPWS) is pleased to announce that it has purchased title ownership of what is billed as the sport's biggest drag racing event of the year, the Prostar/Diamond Powersports World Drag Racing Finals. This year's event is scheduled to take place November 11-13th at the Gainesville Raceway in Gainesville, Florida.

Along with the anticipated record-breaking attendance, Diamond Powersports will receive even more publicity as the Prostar/Diamond Powersports World Drag Racing Finals for 2005 is scheduled to be televised on the Speed Channel. As exciting as this year's race promises to be, the television cameras will also be going behind the scenes to film the drag racing culture with interviews with today's hottest riders.

"The excitement surrounding this annual race is unsurpassed in the world of motorcycle drag racing. The entertainment and promotional value of this race will go along way to solidify Diamond Powersports reputation as the premier manufacturer of sport bike accessories within the industry," says Pierre Elliott, President of Diamond Powersports and past World Drag Racing Champion.

About Diamond Powersports:

Diamond Powersports is the leading supplier of innovative motorcycle sportbike parts and accessories to the motorcycle aftermarket. Lowering links, chain guards, kick stands, mirror caps, frame sliders and its patented Flame Sliders are among the 400 different sportbike accessories it manufactures.

For investor information for Diamond Powersports, Inc., contact David Lewis at 1-800-466-8606 or visit the website www.diamondpowersports.com.

Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.

Contact Information

  • Investor Contact:
    Mr. David Lewis
    Diamond Powersports, Inc.
    Voice: 800-466-8606
    Fax: 954-749-9750
    Email Contact