Surface Tech Inc. Continues Expansion with Horsepower Speed & Marine Inc.

IRVINE, Calif.--March 1, 2004--Surface Tech Inc. (Pink Sheets:SFCI) has recently issued a letter of intent and entered into negotiations for the purchase of Horsepower Speed & Marine Inc.

Horsepower Speed & Marine has launched its worldwide advertising campaign. It is currently running ads in Blue Bars magazine, and soon to be in Dupont Registry. Blue Bars magazine is the leading publication for the NCCC, National Council of Corvette Clubs.

Today, there are more than 280 Clubs in 15 regions both east and west of the Mississippi. The membership in NCCC comprises more than 18,000 Members, the largest non-profit, all volunteer, Corvette organization in the United States.

The Dupont Registry is the premier classified marketplace to find Ferrari, Porsche, Mercedes-Benz, BMW, Lamborghini, Hummer, Aston Martin, Bentley, Rolls-Royce and other highline luxury cars for sale by dealers and by owners. In addition, consumers can search for wheels, SUV conversions, car accessories, tuning, racing schools, exotic car rentals, and a wide variety of products/services for the enthusiast. You can also shop for High Performance Boats, Mega Yachts, Sport Fishing Boats and Offshore Cruisers. They have new and used boats for sale from across the United States and around the world.

"We feel this type of advertising will assist us in launching our Magna Charger Supercharger systems for the C5 Corvettes, Hummer H2, all GM trucks and SUVs, and introduce us to the marine industries elite buying group, a very specific and in-demand marketplace. The first weeks orders from the ads were far above expectations," stated Bill Steiskal, president of Horsepower Speed & Marine.

Jeremy Preston, president of Surface Tech (SFCI) stated: "With this type of pinpointed, accurate advertising, Horsepower Speed & Marine is on the right track. We look forward to finalizing our merger in the next 90 days and really taking them to the next level."

Horsepower Speed & Marine is currently a major distributor for Magna Charger(TM) automotive Superchargers. In addition, Horsepower Speed & Marine is now developing a new twin Supercharger for General Motors' 572 Cubic Inch marine engine. This new combination will produce 1,200 horsepower while running on 93 octane pump gas. This will have a major impact for the marine industry. The company is looking to offer a complete line of performance accessories such as high performance brakes, air intake systems, exhaust systems, custom wheels and tires. Horsepower Speed & Marine is looking to offer a complete one-stop shop for your GM cars and trucks using the Supercharger systems as the leading product line.

Surface Tech is the only company that has a patented method to resurface alloy wheels without removing them from the car. The company's licensed technicians provide low-cost solutions to high-priced problems for over 4,000 automobile dealerships, auto auctions and car rental agencies through licensed technicians in 35 states.

Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.