Diamond Powersports' Sales Up 127% for the Month of February

FORT LAUDERDALE, Fla., March 2 -- Diamond Powersports Inc. (BULLETIN BOARD: DPWS) is pleased to announce that the company has just finished another record month for sales and gross profit. The company finished the month of February very strong with sales up 127% from the previous year and gross profit up 218% during the same period.

Diamond Powersports recorded sales for February 2004 of $86,687, up 127% from sales of $38,178 during February 2003. In addition, Diamond Powersports' gross profit increased by 218% from just $16,298 in February 2003 to $51,904 for this past February.

"What's remarkable is that we have been able to increase sales while still maintaining a gross profit margin of well over 50%," stated Diamond Powersports CEO, Pierre Elliott.

Diamond Powersports recently completed a successful Dealer Expo in Indianapolis from which they have already received $50,000 in purchase orders in just one week. Diamond Powersports' management is expecting more than $200,000 in orders as a result of this show.

"Based upon the results of the Dealer Expo, March should be another record month. We are well on our way to a profitable year," stated Pierre Elliott, Diamond Powersports.

About Diamond Powersports

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 such custom parts as its Flame Sliders, lowering links, and footpegs and distributes motorcycle tires, engine 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.