Mile Marker International, Inc. Announces Record Second Quarter 2004 Results

POMPANO BEACH, Fla.--July 29, 2004--Mile Marker International, Inc. (OTCBB:MMRK), a specialty vehicle parts distributor, today announced a 159% increase in its sales revenues, a 1672% increase in its net income and a 1000% increase in its earnings per share for the three months ended June 30, 2004 compared to the same quarterly period in 2003.

In its Form 10-QSB filing with the U.S. Securities and Exchange Commission today, Mile Marker International, Inc. announced that it earned net income of $1,086,218, or $0.11 per common share, for the second fiscal quarter ended June 30, 2004, based on sales revenues of $5,975,515. During the same period in 2003, the Company reported net income of $61,305, or $0.01 per common share, based on sales of $2,303,564.

Sales revenues were $12,979,807 for the first six months of 2004, compared to $4,969,687 for the first six months of 2003 and $13,238,315 for the full year of 2003. Net income for the first six months of 2004 was $2,230,870 compared to $301,391 for the first six months of 2003 and $1,316,427 for the full year of 2003. Fully diluted earnings per share were $0.22 in the first six months of 2004, compared to $0.03 for the first six months of 2003 and $0.13 for the full year of 2003.

Richard Aho, President and CEO of Mile Marker International, Inc., said: "Our outstanding performance in the second quarter of this year was powered by strong sales increases in all of our major products - commercial winches, military winches, OEM winches and hubs. Our largest sales increase resulted from deliveries of our patented hydraulic winches to the U.S. Army under our long-term military contract. We expect our commercial winch business to continue to grow with the introduction of several new electric winch product lines, plus we anticipate receiving additional military winch orders from the military's recently-approved fiscal 2005 budget which commences October 1, 2004."

About Mile Marker

Mile Marker International, Inc., through its wholly-owned subsidiary, Mile Marker, Inc., is a manufacturer and distributor of specialized vehicle parts primarily for the four-wheel drive utility/recreational and military vehicle markets. The Company's unique patented hydraulic winch has received overwhelming acceptance by the U.S. military for installation on new and retrofitted Humvee vehicles.

Forward-Looking Statements

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, ability to attract and retain key personnel and general economic conditions, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important risk factors that should be considered is contained in the Company's Annual Report on Form 10-KSB and its Form 10-QSB as filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.