Starcraft Corporation Announces the Appointment of Chief Financial Officer

    GOSHEN, Ind.--May 3, 2002--Kelly L. Rose, Chairman of the Board and CEO of Starcraft Corporation (OTCBB:STCR) announced that Timothy L. Burke will assume the responsibilities as Chief Financial Officer for Starcraft Corporation as well as Secretary of the Company.
    He replaces Richard J. Mullin who is no longer with the Company.
    Mr. Burke has over 15 years of experience in financial management and accounting. Before joining Starcraft, Mr. Burke held various financial positions with companies such as Vectren Corporation, Polk Power a division of Tenneco Energy, and Price Waterhouse. Mr. Burke holds a MBA in Finance from Florida Atlantic University and an undergraduate degree in Finance and Management from Central Michigan University.
    Mr. Rose has assumed the additional duties of President as well as Chief Executive Officer and Chairman.
    The Company will conduct a teleconference on Tuesday, May 7, 2002 at 2:00 p.m. Eastern Time to field questions on the second quarter earnings report issued on Thursday, May 2, 2002. Investors may participate in the teleconference call by calling 877-777-8195 providing the conference ID of 4069274 and identifying Timothy L. Burke as the host of the teleconference.
    For additional information call Timothy L. Burke, Chief Financial Officer, Starcraft Corporation at (574) 533-1105.
    This news release contains forward-looking statements regarding projected revenues, financial capabilities, profitability and other matters. Investors are cautioned that actual results may differ materially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, level of customer demand, competitive pressures and other important factors detailed in the Company's annual report on Form 10-K for fiscal year 2001 filed with the Securities and Exchange Commission.