SOURCE: Tank Sports, Inc.

January 17, 2007 12:50 ET

Tank Sports Trading Symbol Incident

LOS ANGELES, CA -- (MARKET WIRE) -- January 17, 2007 -- The trading symbol of Tank Sports, Inc. has been found changed from (OTCBB: TNSP) to (OTCBB: TNSPE) on January 16th, the first day of trading after Martin Luther King holiday weekend. The IR executives were told by OTCBB staff that it is due to an OTCBB database error of Tank Sports, after they contacted the OTCBB. Currently, the OTCBB staff is working on correcting the error to get the Tank Sports trading symbol quoted correctly by tomorrow's (January 18, 2007) market open. In the mean time, a notice from OTCBB would be sent out to current Tank Sports shareholders to explain the incident today, as Tank Sports IR people were told.

"We feel regret about the incident of the OTCBB database error," says Mr. Wei Luo, Vice President of Tank Sports, Inc. "We will be closely coordinating with the OTCBB staff to fix the problem as soon as possible. We appreciate the understanding and patience that our shareholders and investors have shown after the incident."

For more information, please contact OTCBB 301-978-8263, or Mr. Wei Luo 626-327-5620.

About Tank Sports, Inc.

Tank Sports is a leading company that develops, engineers, and markets high performance on-road motorcycles & scooters, off-road all-terrain vehicles (ATVs), dirt bikes and Go Karts through OEMs in China. It utilizes the so-called "China Concept" to participate in the $31.5 billion/year motorcycle/ATV market (data: Motor Industry Council).

Safe Harbor Statement

The foregoing news release includes numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this news release relating to business developments are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with small business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.

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