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American Quantum Cycles Dealer Expansion Ahead of Schedule

7 March 2000

    MELBOURNE, Fla.--American Quantum Cycles, a manufacturer of high performance motorcycles, announced the expansion of their Dealer network to 61 Dealers.

    American Quantum Cycles recently participated in the Dealernews International Powersports Dealer Expo in Indianapolis where they displayed their 2000 Heavyweight Cruiser motorcycle and unveiled their new 2000 Touring motorcycle. The Touring motorcycle features custom-made fiberglass saddlebags in advanced styling with no gaps between the saddlebags and the fenders. "We are overwhelmed with the response to our Touring motorcycle, as we sold 45 immediately before and during the show and concurrently signed up 10 new Dealers bringing our total Dealer network to 61"' stated Gary Irving, Chief Operating Officer. Rich Hagen, Chairman and CEO, added, "the 61 Dealers signed as of the end of February puts us well ahead of our business plan of 68 Dealers by the end of the fiscal year - April 30, 2000 and positions American Quantum for a significant sales increase in Q4 (February through April, 2000) of FY '00, and our new fiscal year, beginning May 1, 2000.

About American Quantum Cycles
    American Quantum Cycles manufactures American-made, high performance, custom-made, cruisers and touring style motorcycles with state-of-the-art engines utilizing a patented four-valve head for greater power and lower pollutant emissions. Using a PC-based kiosk Intranet/Extranet system installed in dealer showrooms, customers can select a precise motorcycle design with options tailored to their requirements.