Cycle Country Targets OEM Market for Increased Sales and Profits

MILFORD, Iowa, Oct. 21, 2003 -- Cycle Country Accessories Corp. (AMEX:ATC) , the outright leader in developing and manufacturing select custom-fitting accessories for the all-terrain vehicle (ATV) and other diversified industry products, is continuing to expand its relationships with Original Equipment Manufacturers (OEM's). Following last Tuesday's announcement with Vialink, ATC now has contracts with three OEM's and is in negotiations with at least three other manufacturers to provide Cycle Country designed products as accessories to new and existing product lines. These agreements leverage ATC's expertise in the design and building of products with the extensive dealer networks in place with the OEM manufacturers.

"We have carefully selected OEM business that is generally outside our core ATV accessories market so as not to interfere with the great job our dedicated group of distributors and dealers do for us year in and year out", stated Ron Hickman, President and CEO. "Our growing OEM business will enhance our product lines by allowing us to reach new markets."

OEM business has been steadily increasing over the last few years for Cycle Country. From 6% of total sales for fiscal year 2001 to 8% of total sales for fiscal year 2003, OEM sales have increased from $770,000 to just over $1.1 million, respectively. Cycle Country currently manufactures 34 products for its OEM customers, up from just 9 products a year ago. The increase in OEM business is projected to continue through the next fiscal year and reach sales levels almost double that of fiscal 2003 as business from new OEM's is added and current OEM customers expand the products manufactured for them by Cycle Country Accessories Corp.

About Cycle Country Accessories Corp.

Cycle Country, www.cyclecountry.com, with over 50% of the worldwide market in several product categories, is the industry leader in the design, engineering and manufacturing of custom-fitting accessories for the utility all-terrain vehicle (ATV).

Since 1981, Cycle Country has developed an extensive line of branded products of snowplows, lawnmowers, spreaders, sprayers, hitches and many other utility equipment items along with recreational accessories. The Company's products custom fit virtually every brand of ATV on the market, which are distributed to essentially all ATV and motorcycle dealers in North America.

The Company has 19 international distributors that sell Cycle Country products in 35 countries throughout Asia, Europe, Central and South America. Additionally, Cycle Country dominates the golf car wheel cover market by manufacturing approximately 90% of all wheel covers sold to original equipment manufacturers worldwide. The Company sells high-performance premium oil filters for motorcycles and ATVs throughout the U.S. under the brand name Perf-form Products. They also manufacture heavy-duty garden equipment attachments for garden tractors, ATVs and other utility vehicles within the Lawn & Garden industry under their brand name Weekend Warrior.

For the latest SEC filings or past news releases, go to the company's website at www.cyclecountry.com and click on the Investor Relations heading. Please direct any financial questions to Todd Doom at Modern Media, LLC. (317)413-7990.