SOURCE: Xtreme Motorsports of California, Inc.

March 06, 2007 09:45 ET

Xtreme Motorsports Submits Quote for Initial Batch of Sandcars to Be Featured at 2008 Summer Olympic Games in Beijing, China

BAKERSFIELD, CA -- (MARKET WIRE) -- March 6, 2007 -- Xtreme Motorsports of California, Inc. (PINKSHEETS: XTMS) ("Xtreme" or the "Company") has received a request for quotation (RFQ) to provide up to 50 sandcars to the 2008 Summer Olympics to be held in Beijing, China. The proposal calls for Xtreme to ship 10 cars to China by late summer 2007 and up to 40 additional vehicles to be delivered before the Games in August 2008. The contract would be valued at a minimum of $500,000 and may exceed $2.5 million USD.

A group in China, roughly translatable to the "Beijing Sandcar Association," (BSA) has been contacted by an Olympic Committee responsible for booking entertainment for athletes and visitors during competition downtime in the Olympic Village. The BSA has been asked to develop a one-of-a-kind sandcar exhibition and race event during the Games and is now working with one of Xtreme's Asian business development consultants to feature Xtreme's sandcars at the event.

"We're thrilled to have the opportunity to feature our sandcars at perhaps the World's most visible marketing venue," commented Alan McCaa, President & CEO of Xtreme Motorsports. "Not only does the contract provide tangible revenue and profit for the company, it is also an invaluable forum to market our vehicles to the global community.

"The response we have received to the initial quote, which included requests for detailed engines, transmissions, sound systems, suspensions and more, were quite favorable. We will update shareholders as soon as we receive definitive pricing, order quantity and delivery dates," concluded McCaa.

About Xtreme Motorsports of California, Inc.

Xtreme Motorsports is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Xtreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the US. For more information, visit the corporate web site www.xmssandcars.com.

Forward-Looking Statements

Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.

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