SOURCE: Fountain Powerboat Industries, Inc.

April 12, 2006 09:00 ET

Fountain Powerboats Announces Conference Call to Review Third Quarter Financial Results

WASHINGTON, NC -- (MARKET WIRE) -- April 12, 2006 -- Fountain Powerboat Industries, Inc. (AMEX: FPB), a leading manufacturer of high performance sport boats, fish boats and express cruisers, announced today that it will hold a conference call to review financial results for its third quarter ended March 31, 2006. The call will be held on Thursday, May 11, 2006, at 11:00 a.m. Eastern Daylight Time.

The toll-free conference call dial-in number for U.S. callers is 866.672.2663. The dial-in number for international callers is 973.582.2822. The passcode for the call is 7257780. Please dial in to the conference five minutes before the call is scheduled to begin. An audio replay of the conference call will be available from May 11 through 18, 2006, and can be accessed by dialing 877.519.4471 in the U.S., or 973.341.3080 from outside the U.S., and entering passcode 7257780.

Additionally, the conference call is being webcast by Vcall and can be accessed by visiting www.InvestorCalendar.com or Fountain Powerboats' web site, www.fountainpowerboats.com. The event will be archived and available for replay through Friday, August 11, 2006.

About Fountain Powerboats, Inc.

Fountain Powerboats, Inc., a subsidiary of Fountain Powerboat Industries, Inc., has its executive offices and manufacturing facilities along the Pamlico River in Beaufort County, North Carolina. The company designs, manufactures and sells offshore sport boats, sport fishing boats and sport cruisers that target the segment of the recreational power boat market where speed, performance, safety and quality are the main criteria for purchase. These recreational boats are based upon an innovative, award-winning design enabling world class performance while using standard reliable power. There are currently 12 buildings located on 65 acres totaling over 238,000 square feet accommodating 40 to 45 boats in various stages of construction at any one time. The present plant site can also accommodate up to 300,000 square feet of additional manufacturing space. The land and buildings are wholly owned by Fountain Powerboat Industries, Inc. and its subsidiary, Fountain Powerboats, Inc. For more information, visit www.fountainpowerboats.com.

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