Diamond Powersports to Host Nationwide Conference Call to Update Shareholders

FORT LAUDERDALE, Fla., May 20, 2004 -- Diamond Powersports Inc. (BULLETIN BOARD: DPWS) announced today that it has scheduled a nationwide conference call for June 3rd, 2004. Pierre Elliott, CEO, will be hosting a teleconference to update the financial community on the progress of Diamond Powersports, Inc.

Expected to attend the call are financial analysts from across the country, newsletter writers, brokers, industry insiders and shareholders.

The conference call will begin at 4:15 EDT and can be accessed on a toll- free line by calling and referencing "Diamond Powersports" to the operator.

The conference call will last approximately 30 minutes, and Pierre Elliott will update shareholders on the recent developments of Diamond Powersports, Inc.

"I am extremely excited to take this opportunity to keep our shareholders abreast of current corporate events. I look forward to improving shareholder communication," commented Pierre Elliott.

The moderator for the call will be Marc Jablon of Big Apple Consulting USA, Inc. Access to the conference call will be limited; participants can reserve a spot in the conference by calling 866 THE APPLE.

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, 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.

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.