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PRO-MOTOR IBM and NASCAR

17 May 1999


Pro-Motor Engineering Combines NASCAR and IBM Experience

MOORESVILLE, N.C. (May 17, 1999) -- Pro-Motor Engineering's(PME) Peter
Guild has brought together the business principles of IBM and the raw
determination of NASCAR under one roof.

With more than 25 years of engine-building experience in the most
competitive levels of stock car racing, road racing, drag racing and
off-shore powerboat racing, Guild strives to make his company more
competitive and more efficient than even the largest engine-building
programs in NASCAR. In an age when many teams build their own engines, Guild
believes his work ethic sets PME apart from the larger, in-house engine
programs of multi-car race teams.

"Working at IBM for five years taught me how to organize my corporation, set
goals, be accessible to my clients and analyze past performance for future
improvement"said Guild. "I applied IBM's big business concepts but shrunk
them down for a small business. We do more and go further with what we have
than most of the bigger teams".

"The diversification we have had with involvement in different types of
engine building has given us an enormous technological advantage over the
people who build one type of race engine-- and we can look at the whole
engine in a better light".

PME, one of two independent engine-building companies in NASCAR, currently
supplies engines to three NASCAR Winston Cup teams and one NASCAR Craftsman
Truck Series team. Guild's Winston Cup stable includes Travis Carter
Enterprises (driver Jimmy Spencer), Haas/Carter Motorsports (driver Darrell
Waltrip) and Melling Racing (driver Jerry Nadeau). PME also builds
powerplants for Gloy-Rahal Motorsports'(driver Ron Barfield) NASCAR
Craftsman Truck Series entry. PME employs nearly 30 people.

Guild's involvement with engine building and interest in NASCAR took root
while working at IBM.

"I tinkered with engines on the side for years while at IBM", Guild
recounted."I spent years at IBM but thought that working with engines and
racing sounded interesting."

Although Guild perceived NASCAR as more exciting than the computer giant, he
still learned valuable lessons at Big Blue, two of which were organization and goal-setting.

"It's so easy, especially in our business, to get wrapped up in the
day-to-day circumstances," the Boston native said."But IBM taught me to
constantly be organized and set goals, or risk being run over by the
competition. In the racing business, that is even more evident because
things change so rapidly. NASA is the closest business I know of where a
task must be organized and accomplished in a time frame, despite what the
atmosphere is doing. Likewise, we're constantly organizing, calculating and
making decisions while the time window -- the next weekend's race -- is
quickly closing."

Guild knows that part of on-track success results from a personal, hands-on
relationship with the teams and drivers.

"We are always very accessible to our teams", the Mooresville resident said.
"Each of our cars have a PME person at the track to tune the engine, advise
the team, crew chief and car owner of anything that relates to the engine or
its total performance. When I'm at the track, the teams and I constantly
talk about the engine, weather conditions, how the competitors are running
and how we can be better. I work as if it's my own car and I want it in
victory lane."

Guild believes that post-event analysis is just as important as pre-race
preparation. He conducts conferences and de-briefing meetings with his teams
during the week and makes frequent visits to the race shops.
"We talk about the upcoming race and how we can improve at last weekend's
race track" the 53-year-old said."We make a concerted effort to provide
the very best service we can from all spectrums. When teams hire PME to
provide engines, they get the whole package."

Some of PME's biggest NASCAR Winston Cup accomplishments include driver
Geoffrey Bodine's 1997 Atlanta Motor Speedway track-record pole speed of
197.478 mph and his two wins in 1992; six wins, including the 1996 The
Brickyard 400 at Indianapolis Motor Speedway with driver Ricky Rudd; and the
1997 Winston Open at Lowe's Motor Speedway at Charlotte with Spencer.

In the future, Guild envisions PME's engines powering increasingly more
teams to victory.

"One of my aspirations is to become the hub for a three or four-car team",
said Guild."As I look four or five years into the future, my goal is to be
involved with more and more teams and consistently bring home the checkered
flag".