Global Motorsports to Carry Complete Product Line from Diamond Powersports

FORT LAUDERDALE, Fla., Jan 15, 2004 -- Diamond Powersports Inc. (BULLETIN BOARD: DPWS) announced today that Global Motorsports has agreed to carry the complete product line of Diamond Powersports parts and accessories.

Global Motorsports, www.motorcyclestuff.com, is the largest distributor for aftermarket Harley Davidson parts and accessories. Last year, Global Motorsports purchased $85,000 in parts and accessories from Diamond Powersports. Diamond Powersports anticipates that sales from Global Motorsports will account for more than $250,000 in revenue in 2004.

"Global Motorsports is just one of six distributors who have agreed to carry our complete product line. We are committed to providing our customers the latest innovations from the motor sports industry," commented Pierre Elliot, Diamond Powersports CEO.

Diamond Powersports is the leading supplier of innovative motorcycle parts and accessories to the motorcycle aftermarket and general merchandise markets. Founded in 1992, it manufactures and distributes custom parts such as its Flame Sliders, lowering links, and footpegs and distributes motorcycle tires, valves, and other parts, accessories, and apparel. It manufactures over 200 motorcycle parts for the aftermarket motorcycle industry.

For investor information for Diamond Powersports, Inc., contact Matt Maguire at (407) 884-0444 or visit the website www.diamondpowersports.com.

Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.