XTREMEX3 Partners with Panoz Racing School to Deliver Exciting In-Vehicle Data System that Captures and Plays Back Student Driving Experiences

CHANTILLY, Va., April 19 -- XTREMEX3 announced today that it will offer the XTREMEX3 in-vehicle data acquisition and video/audio playback system for the 2004 individual school and pro racing season.

XTREMEX3 is an in-vehicle system that enables the Panoz Racing School to record, store and play back all dimensions -- multiple digital video views, crystal clear audio, and vehicle instrumentation -- of students' individual driving experiences.

Captures Unique Combination of Integrated Video, Audio and Data

XTREMEX3 provides a digital instant replay of each customer's driving school experience - an interactive program that delivers an unparalleled multimedia experience, including multiple digital video views, audio and graphical variables for speed, RPM, g-forces, and track position.

"We're excited about offering XTREMEX3 as part of our consumer and corporate driving school curriculum," said Geoff Lee, President of the Panoz Racing School.

"The XTREMEX3 solution is an outstanding way for serious students to review their individual on-track experiences with the goal of enhancing their driving skills. For corporate customers, the XTREMEX3 disk is branded with corporate logos and marketing so that students will always remember who made their exciting day happen."

"We're pleased to be working with Panoz Racing School, one of the premier driving academies in the country," said Phil Sweatman, President and CEO of XTREMEX3. "XTREMEX3 is a perfect addition for the Panoz Racing School student who is interested in the serious pursuit of enhanced driving and road competition. The XTREMEX3 multi-media playback is particularly stunning on the Panoz road courses."

XTREMEX3 delivers the following benefits to consumers and corporate customers of the Panoz Racing School:

   -- Delivers Superior Education Experience
      The Panoz Racing School strives to deliver cutting-edge instructional
      techniques for the serious driver.  The XTREMEX3 program is a perfect
      way for students to review and improve their driving performances.

   -- Provides Outstanding Entertainment
      Driving a Panoz GT-RA is challenging, exciting and fun ... and the
      entertainment is captured forever with XTREMEX3!  The interactive
      program is a perfect way for customers to remember and re-live their
      experiences over and over again.

   -- Gives Students the Power to "Show Off" for Family and Friends
     Most students not only want to re-live their racing school experiences,
     they also want to "show off" for friends, family and co-workers.

XTREMEX3 is a great way for students to share the fun of the Panoz Racing

     School.

   -- Provides Impeccable Instruction Tool
      XTREMEX3 provides students with a powerful tool for improving their
      driving performances over time.  With the unique XTREMEX3 solution,

students and instructors can evaluate detailed elements of their driving

      experiences and focus on specific challenges and issues.

   -- Provides Powerful, Branded Interactive Memento for Corporate Events
      Whether objectives are to strengthen loyalty, build teams, or enhance
      employee productivity, with branded corporate marketing and logos
      embedded in the disk, XTREMEX3 ensures that employees experience an
      exciting and fun corporate event with Panoz Racing School again and
      again!

  About the Panoz Racing School

The Panoz Racing School focuses on active, dynamic racing, giving students the skills and ability to pursue a racing career or hobby upon their completion of our three- or four- day course. While the main objective of the school is developing the skills to race competitively, enhancing the safety skills of every driver also is a prime objective. The Panoz Racing School utilizes Panoz GT-RA racecars and offers courses at Road Atlanta, Sebring and Texas Motor Speedway.

About XTREMEX3

XTREMEX3 is the leading provider of turnkey tri-media solutions for racing and driving schools. XTREMEX3 helps customers and partners build revenues around a cutting-edge tri-media in-vehicle application. The XTREMEX3 solution records, stores and plays back all dimensions - multiple digital video views, crystal clear audio, and vehicle instrumentation data - of extreme motorsports experiences.

JB Haller of XTREMEX3, 703-263-2390, jbhaller@xtremex3.com