Redline Announces Senior Management Realignment

SAN DIEGO & MINNEAPOLIS--June 21, 2004--Redline Performance Products, Inc. (AMEX:RED), a designer and manufacturer of Redline(TM) snowmobiles, announced that its board of directors has realigned responsibilities within the company's senior management team.

Mark Payne, president and chief financial officer, has agreed to become the company's president and chief executive officer, effective immediately. Payne joined the company as president and chief financial officer in October 2002. The company intends to begin the process of identifying and hiring a chief financial officer. Payne will continue to serve as chief financial officer until the company hires a person to assume that position.

Kent Harle, formerly chief executive officer, has agreed to become the company's executive vice president, product development, also effective immediately. The company expects that he will focus on developing additional products that Redline plans to sell in the future, which the company anticipates will include one or more snowmobile and ATV models.

Redline intends to have both executives continue to serve as directors of the company.

"This is a natural progression in Redline's evolution as a company," said Mark Payne. "Kent co-founded the company in 1999, and his vision and passion have been instrumental in growing the company. The company believes that this change will enable Kent to focus his efforts on developing future Redline products, where we believe his skills are best suited."

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, 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 "should," "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 develop and execute a plan to operate in the future, our ability to raise additional capital in the immediate and near term to fund our production and other operations, our ability to enter into arrangements with our creditors and vendors to continue to receive parts and services while delaying the obligation to make payments to these groups and to operate as a going concern, 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.