Tiger Truck Delivers First Automatic Transmission in Its Class

DALLAS, May 20, 2004 -- In an industry first, Tiger Truck began delivering a 3-speed automatic transmission in its line of off-road, small utility trucks and vans. As a complement to the standard 5-speed manual transmission, the company is the first in its class to make an optional automatic transmission available to its users.

The North American market has a significantly higher density of automatic transmissions installed in passenger cars than any other world market. "Since 85% of all passenger vehicles in the U.S. have automatics," said Mike Ward, President of Tiger Truck, "any vehicle manufacturer that is serious about the U.S. market must have an automatic transmission. We continue to listen for the configurations most desired in our selected worldwide markets and are pleased to remain a leader in delivering those capabilities most wanted by our discriminating users."

Tiger's fully automatic transmission includes three selectable Forward ranges, Park, Reverse and Neutral. According to Mike Felder, EVP - Operations for Tiger, "our large fleet operators have been waiting for an automatic to expand the pool of qualified drivers. No longer is special training required to master clutch and gear-shift operations in a variety of driving conditions. Virtually everyone with a license is now a qualified driver, making staff scheduling more cost-effective. At only $1395 MSRP, the cost of this useful option is quickly returned by improved staff management and safer operations."

About Tiger Truck, LLC:

Tiger Truck has been delivering a series of light utility trucks and vans for off-road use since 1999. All Tiger vehicles meet the stringent CARB/EPA standards and are available powered by either a fuel-efficient EFI engine or DC electric motor and include standard shift or automatic transmissions. Tiger has the largest available array of truck body options for niche applications. Primary distribution in the U.S. is through a select dealership network. These vehicles are available under the Federal GSA Purchasing Schedule (Contract #GS-07F0260M). Tiger Truck is a privately-held international company with headquarters in Dallas, TX. See http://www.tigertruck.com/