Pickups Plus Enters Into Management and Consulting Agreement

    MASON, Ohio--Feb. 21, 2002--Pickups Plus, Inc. (OTCBB:PUPS), a leading retailer and national franchiser in the $30 billion truck and SUV aftermarket accessories industry, announced today that it has entered into an agreement with Professional Management and Consulting Services Group (PMCS), of Tampa, Fl.
    Under the terms of the agreement, PMCS will: (a) assist Pickups Plus with the preparation and updating of the Company's financial and strategic business plans; (b) prepare and update a formal business plan with the appropriate financial data to be used by the Company; (c) consult the Company on issues related to managing its growth strategies; (d) provide assistance to the Company in developing and executing a merger and acquisition strategy; and (e) provide new locations for corporate stores and provide construction management services on all locations.
    John Fitzgerald, Chairman and President, stated, "We are extremely pleased to be associated with PMCS. The various individuals with PMCS have extensive background in strategic consulting with management, mergers and acquisitions, and construction management. Moreover, Florida is one of the top 5 states in SUV and truck sales. This relationship gives Pickups Plus a key strategic partner in a region with 9 major cities that could handle multiple Pickups Plus locations."

    About Pickups Plus

    Pickups Plus is a leading national operator and franchiser of retail stores dedicated to the sale and installation of quality aftermarket accessories for pickup trucks and SUV's. Pickups Plus currently operates four corporate retail stores and has another seven franchise stores throughout seven states. After several years of extensive development and testing of its franchise system, the Company intends to start a nationwide expansion in both corporate and franchise stores to become the first national chain in its growing, but highly fragmented industry.

    Safe Harbor Statement: Except for historical information contained herein, the statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, Section 21E of the Securities Act of 1934 and the Private Securities Litigation Act of 1995. Forward-looking statements involve known risk and uncertainties, which may cause the Company's actual results in the future to differ materially from forecasted results.