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American Quantum Cycles Inc. Signs Spokesman

21 October 1998

American Quantum Cycles Inc. Signs 1998 Indy Race League Champion Kenny Brack As Spokesman

    MELBOURNE, Fla.--Oct. 21, 1998--American Quantum Cycles Inc. (OTC BB:AMQC) today announced that it has signed 1998 Indy Race League Champion Kenny Brack as a Company spokesman.
    Brack secured the 1998 championship in the last race of the season held in Las Vegas on October 11, 1998. After qualifying 6th on October 10, 1998, it was discovered his engine block was cracked and had to have his engine replaced. Although there wasn't adequate time to properly test and calibrate the engine, Brack was still able to finish 10th and easily took the 1998 championship. He will be returning next year to the IRL series to defend his title. Kenny Brack was driving the American Quantum 1998 Liberty Cruiser model around the pit area at Las Vegas.
    Kenny Brack, a native of Sweden, drives for A.J. Foyt with sponsorship from Power Team. A.J. Foyt has won the Indianapolis 500 four times, won 67 Indy car races, a feat that has never been equaled. He is regarded as the greatest driver of the twentieth century. Power Team is the leading real-time energy supplier in the United States. Power Team sold more than 65 billion KWhs in 1997.
    Kenny Brack compiled an impressive history in Europe. His winning percentage was an impressive 47% accomplished on his way to winning the 1992 Renault Clio Scandinavian Championship and the 1993 Zerex Barber Saab Series Title. In 1996, Brack took 2nd place honors in Europe's prestigious and difficult Formula 3000 Championship leading the series with 3 wins. Brack began his Indy Racing League career in 1997 as the highest qualifying rookie for three races.
    Richard K. Hagen, Chairman and CEO, stated: "Having Kenny Brack as a spokesman, who is not only a champion driver but can also appreciate the quality and performance of our products demonstrates that we are doing the right things at Quantum. In addition to being a spokesman, Kenny has also indicated that he would like to distribute our products in Sweden, which we are currently negotiating."
    American Quantum Cycles is a new entrant into the worldwide motorcycle industry with a state-of-the-art engine utilizing a patented four-valve head for greater power. For further information contact Melissa Kirkpatrick at 407/752-0008 or go to

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate," "project," "intend," "expect," "believe," and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties.