Redline Performance Products Increases Line of Credit

SAN DIEGO & MINNEAPOLIS--April 2, 2004--Redline Performance Products, Inc. ("Redline(TM)" or "the Company") (AMEX:RED) today announced that it has increased the amount of its operating line of credit provided by the Community National Bank of North Branch, Minn., from $2 million to $2.5 million. Redline has utilized $2 million of the line of credit and intends to use the additional $500,000 to finance its ongoing production of 800 Revolt(R) snowmobiles and operating expenses. In connection with the line of credit increase, an individual from Fargo, N.D., will be added as a guarantor for $500,000 of this line of credit. Other terms were not disclosed.

"This financing will provide Redline with needed capital until our cash flow from snowmobile shipments increases to a significant level," says Mark Payne, President and Chief Financial Officer of Redline. In March, Redline began shipping an early release of the 2005 800 Revolt snowmobile to its dealers. The Company intends to ship 600-700 snowmobiles to dealers during the snowmobile industry's annual 2004 spring sales period.

"We're encouraged by continued positive attention the 800 Revolt is receiving in the trade media and we appreciate the ongoing support of Community National Bank, the investment community and our dealers," explains Payne.

Founded in 1980, Community National Bank (Member FDIC) has been serving the Minneapolis/St. Paul North Metro area for more than 20 years. Through its Commercial Lending Department, Community National Bank offers a full array of highly competitive credit and loan options, including lines of credit, equipment and asset financing, and commercial real estate and construction loans.

ABOUT THE 800 REVOLT

Redline's 800 Revolt is a high-performance, 800cc snowmobile designed for trail riding. The 800 Revolt incorporates patented and patent-pending technology - including a T-15 rear suspension system and clutch isolation drivetrain system - to produce a snowmobile that Redline believes provides better handling, a smoother ride, more power, greater durability and more attractive styling. For downloadable images of the 800 Revolt, please visit www.1redline.com/pages/press2.html.

ABOUT REDLINE PERFORMANCE PRODUCTS, INC.

Redline Performance Products, Inc. designs, engineers, markets, manufactures and sells snowmobiles under the Redline(TM) brand name. The Company maintains its principal executive offices in San Diego and also has an office in Minneapolis. To learn more, please visit www.1redline.com.

FORWARD-LOOKING STATEMENTS

This news release includes "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 as set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "expects," "plans," "anticipates," "believes," "estimates," "intends," "proposed," "scheduled," "continue," or the negative of these terms or other comparable terminology. Forward-looking statements are estimates and projections reflecting the Company's judgment and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Although the Company believes the forward-looking statements made in this news release are reasonable, the Company's expectations may prove to be incorrect. The Company cautions you to not place undue reliance on these forward-looking statements, which reflect management's view only as of the date of this news release. Important factors that could cause the Company's actual results to differ materially from estimates or projections contained in the forward-looking statements include our ability to obtain high-quality parts and subassemblies in a timely and cost-effective manner, the timely and successful assembly of snowmobiles by our contract assembler and the assembler's ability to quickly ramp up production, having sufficient capital available to us to fund our production and other operations, compliance with the terms of our loan and related agreements, the overall quality and performance of Redline snowmobiles and the level of any warranty expenses, timely compliance with applicable snowmobile and other regulations, the number of dealers engaged by us, the number of purchase orders received from dealers, the demand for our snowmobiles from potential purchasers, and other factors described in the Company's Annual Report on Form 10-KSB for the fiscal year ended March 31, 2003, and other documents, filed with the Securities and Exchange Commission.