Giant Motorsports Revenue for '04 Year-End Increases 74% Over Year-End '03

SALEM, Ohio, April 15 -- Giant Motorsports, Inc. (BULLETIN BOARD: GMOS) , implementing a national roll up strategy with a "big box" destination business model in the motorcycle and powersports industry, today announced record financial results for its year ended December 31, 2004. Revenue for the year was $79.9 million compared with $46 million in 2003 representing an increase of $33.9 million. "This 74% increase, which includes sales results from our acquisition of Chicago Cycles, validates our big box strategy and demonstrates the effectiveness of our business model," said Greg Haehn, President of Giant Motorsports.

Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased to $2.37 million for the year ended 2004 versus $934,000 for year ended 2003, an increase of 153%.

"We are extremely pleased with our year end results for 2004. Our management team is fully committed to growth -- in revenues, earnings and shareholder value -- and we plan to further maximize the operating and financial performance by achieving specific efficiencies. By consolidating functions within the Company, we feel we can reduce overall expenses, simplify management and create economies of scale, which the 2004 year end results have shown," said, Mr. Haehn

Giant Motorsports believes that its "big-box" business strategy has made the Company one of the nation's leading sellers of powersports products, including motorcycles, scooters and all terrain vehicles.

About Giant Motorsports, Inc.

Giant Motorsports is a destination retailer for motorcycles, all-terrain- vehicles (ATVs) and motor scooters. Through implementation of a business strategy based on a regional "big-box" retailer model, Giant believes it has become a leading multi-brand motorsports retailer in the United States. The Company is attempting to leverage revenue and earnings growth through accretive acquisitions in new regions, through internal growth, and through utilization of rollup and consolidation strategies in the fragmented powersports national dealer environment. The Company has two wholly-owned subsidiaries, W.W. Cycles dba Andrews Cycles and Chicago Cycles. More information is located at http://www.giantcorporate.com/ , http://www.andrewscycles.com/ or http://www.chicagocycle.com/ .