Diamond Powersports Sales Exceed $150,000 for the Month - As featured in Investor's Business Daily

FORT LAUDERDALE, Fla., May 11, 2004 -- Diamond Powersports Inc. (BULLETIN BOARD: DPWS) CEO Pierre Elliott is pleased to announce that the company will be featured in Investor's Business Daily this week as the company has just finished their "Best Month Ever" for sales and gross profits. April is the 5th consecutive record month for sales and gross profits for Diamond Powersports, and according to CEO Pierre Elliott, "We're not slowing down!"

Diamond Powersports recorded sales for April 2004 of $151,999.88 up 57% from sales of $96,492.29 during April 2003. In addition, Diamond Powersports' gross profit increased by 92% from just $48,620 in April 2003 to $93,646.36 for this past April.

Diamond Powersports Inc. recently purchased the title rights to the world's largest motorcycle drag race, The AMA/Prostar World Finals of the U.S. Drag Racing Championships. Both ESPN2 and Outdoor Channel TV will cover the event. Diamond Powersports is a leading supplier of innovative motorcycle parts and accessories to the motorcycle aftermarket and general merchandise markets. Founded in 1992, Diamond Powersports manufactures and distributes such custom parts as its Flame Sliders, lowering links, footpegs, and distributes motorcycle tires, engine valves, and other parts, accessories and apparel. It manufactures over 200 motorcycle parts for the aftermarket motorcycle industry. The company is instrumental in the development of EK chains, including the new DRZ-530 Pro Stock...The Strongest Drag Racing Chain in the World.

Diamond Powersports will be featured on www.investors.com. for the next two weeks. 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.