Diamond Powersports Announces Purchase Orders

       One of the Nation's Largest Powersport Distributors to Sell
                       Company's Custom Accessories

FORT LAUDERDALE, Fla., Sept. 2 /Xinhua-PRNewswire/ -- Diamond Powersports Inc. (BULLETIN BOARD: DPWS) today announced purchase orders totaling $79,000.

Pierre Elliott, CEO of Diamond Powersports said, ''We're excited to have received a purchase order from Tucker Rocky Distributing for $22,000.00. They're a very important Diamond Powersports distributor, and we're pleased with the way our relationship is progressing. With thousands of dealers nationwide, it will be easy for powersport enthusiasts to purchase our high quality products through Tucker Rocky.''

Tucker Rocky Distributing is a worldwide leader in the wholesale distribution of aftermarket parts, accessories and apparel for the powersports industry. They currently stock and sell over 75,000 items for street and off- road motorcycles, ATVs, snowmobiles and personal watercraft, as well as all the accessories and apparel needed by the people that ride them.

''Additionally,'' said Mr. Elliott, ''Global Motorsport Group has remitted to us a purchase order for $57,000. This is a new relationship for us, and we couldn't be happier with how it's started. They're one of the world's largest aftermarket distributor for cruiser-class motorcycles and we're excited to be gaining a foothold in that market. To date we've been pretty focused on the sport and racing bike industry with an eye on the cruiser market. In fact, cruisers are becoming a very important sector for us.''

Global Motorsport Group, Inc., designs, manufactures, markets, and distributes aftermarket parts and accessories. The company is the largest independent supplier of aftermarket parts and accessories for Harley-Davidson motorcycles. They distribute their own products under the brand names RevTech, Premium, and Dyno Power. They also distribute replacement parts, custom parts, accessories, and apparels. They offer more than 15,000 products to approximately 4,700 dealers. The company has 3,400 independent dealers and 600 Harley-Davidson franchised dealers in United States and 650 dealers outside the United States.

Diamond Powersports also recently announced record profits for 2004, year- to-date.

''Gross profits through July were $558,719.86 compared to $252,349.95 for the same period of 2003,'' continued Mr. Elliott. ''It's no surprise to us that we're having a record year, and that our custom products are doing so well. Demand for our products is growing, and the industry is realizing that my background as a world champion drag bike racer has relevance to the products we manufacture. The trade shows we've recently attended are really starting to pay off, as is evident in our recent financial performance and in two very well known distributors picking up our line of products,'' concluded Elliott.

About Diamond Powersports

Diamond Powersports is the leading supplier of innovative motorcycle parts and accessories to the motorcycle aftermarket. Founded in 1992, it manufactures and distributes custom parts such as its Flame/frame sliders, lowering links, foot pegs, chain guards, kickstands and other miscellaneous sportbike accessories. The Diamond Powersports product line now includes nearly 400 innovative aftermarket motorcycle parts for the sportbike enthusiast.

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