SOURCE: Pinnacle Group Unlimited Inc.

November 29, 2005 14:02 ET

Pinnacle Entering After-Market

LAS VEGAS, NV -- (MARKET WIRE) -- November 29, 2005 -- Pinnacle Group Unlimited, Inc. ("the Company") (OTC: PGPU) announced today that the next phase of its growth and development has begun with the signing of a Definitive Agreement with S-Charger Corporation ("S-Charger") a privately held corporation which has a patented high performance mechanical air pump that is designed to increase the overall efficiency of any combustion engine by 20% while reducing vehicle emissions by 15%.

Pinnacle will acquire all of the issued and outstanding shares of S-Charger for new treasury shares of Pinnacle. The number of shares to be issued to the shareholder of S-Charger upon this acquisition will be approximately 10,000,000 common shares but subject to formal valuation prior to closing.

In an effort to continue to add shareholder value Pinnacle is actively reviewing other possible acquisitions over the next few months.

About S-Charger Corporation:

S-Charger Corporation, headquartered in Toronto, Canada, specializes in the development and application of advanced internal combustion technologies for motorcycles, automobiles and large "heavy-duty" engines.

S-Charger Corporation is currently commercializing its patented "S-Charger" Supercharger -- an economical, high-performance mechanical air pump -- that is designed to increase the overall efficiency of any internal combustion engine by 20 percent while reducing vehicle emissions by 15 percent.

S-Charger Corporation is targeting the burgeoning Asian/Indian small engine marketplace and the North American fleet operator community as initial deployment markets with the mid- to long-term goal of becoming the premier supplier of supercharging technology to the global CNG (Compressed Natural Gas) and Hydrogen internal combustion verticals.

For more information visit the S-Charger website at or contact

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the emerging generic drugs market; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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