SOURCE: Xtreme Motorsports of California, Inc.

March 13, 2007 11:08 ET

Xtreme Provides Updates on Current Projects, Marketing and Strategic Initiatives

BAKERSFIELD, CA -- (MARKET WIRE) -- March 13, 2007 -- Xtreme Motorsports of California, Inc. (PINKSHEETS: XTMS) ("Xtreme" or the "Company"), today provided an update of current projects underway, including its new transmissions, the 2008 Olympic Games project, and the "World's Greatest!" TV show, among others.

--  Xtreme continues the development of its new transmissions featuring
    improved design and technology commensurate with race-grade systems
    available in high end, custom sandcars. Management continues to meet with
    its engineering and drafting team to complete the design phase of the
    project. The company hopes to produce a prototype and complete testing of
    the transmission before the end of 2007 before installing the new
    transmissions in all of its vehicles before the end of 2008.
--  Later this week, the Company's Asia-Pacific business development team
    is traveling to China to hand-deliver and negotiate our quote for the
    initial 10 sandcars to be featured at Olympic Village for the 2008 Summer
    Games. Not only is the order significant from a revenue perspective, the
    Olympics is a substantial, high-profile venue to increase exposure to
    Xtreme's vehicles and off-roading in general.
--  The "World's Greatest!" TV Show, although delayed due to scheduling
    conflicts and the importance of completing the refit of Xtreme's new
    manufacturing facility, is anticipated to complete filming within the next
    few months. The "World's Greatest!" is distributed to more than 100 million
    potential households through national cable outlets such as PAX, OLN, A&E,
    and the Travel Channel.
--  Negotiations continue with new dealers under the 24 dealers in 24
    months program. The Company has secured one master distributor under this
    program and in negotiations with 13 additional dealers across ten U.S.
    states and three countries. Xtreme believes this initiative is on track and
    will meet, at the very least, the 24-dealer goal by the end of 2008.
--  The Company is currently working on a special "tribute" vehicle
    project that has been in development for over six months. Additional
    details will be available soon.
In addition to activities previously announced, Xtreme is pursuing several strategic partnerships to not only expand options available to its customers, but to align itself with high-quality companies producing complementary and synergistic merchandise. Currently, Xtreme is working with eight firms to develop cross-marketing opportunities across the off-road industry, including trade organizations, producers of custom trailers and manufacturers of well-known energy drinks.

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

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.

Contact Information

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