Starcraft Names Richard J. Mullin Chief Financial Officer and Secretary

1 May 2000

Starcraft Names Richard J. Mullin Chief Financial Officer and Secretary

    GOSHEN, Ind.--May 1, 2000--Starcraft Corporation (Nasdaq:STCR) has announced today that the Company has hired Richard J. Mullin as Chief Financial Officer and Secretary. Mullin has 25 years experience in public accounting and various top management positions for a public company.
    Prior to joining Starcraft Corporation, Mullin served as President and Chief Executive Officer of WELLS-CTI Inc., an international engineering and manufacturing division of PCD, Inc., a NASDAQ-listed company. He played a pivotal role in the merger between CTI, Inc. and Wells Electronics, Inc. At Wells Electronics, Mullin served as Senior Vice President, Finance and Administration, from 1983 - 1993.
    From 1975 to 1983, he was Senior Audit Manager at Peat, Marwick, Mitchell & Co., South Bend, Indiana, responsible for annual audits and financial reporting for a variety of clients in diverse industries, including recreational vehicle, construction, finance and general manufacturing.
    Commenting on the appointment, Michael H. Schoeffler said, "As the Company continues to successfully implement its growth strategy, we have identified the need for additional senior management with strong experience in managing a growth situation like Starcraft. Rich possesses a unique blend of executive and financial know-how having run a growing division of a public company and gaining extensive financial experience as a public accountant and financial officer. He is a strong addition to our management team as we move forward in accomplishing our business plan."
    Mullin received an executive MBA and a BBA in Finance and Business Economics form the University of Notre Dame, Notre Dame, Indiana. He is a Certified Public Accountant.
    Starcraft Corporation is a leading manufacturer of second state vehicle conversions and a supplier to the Original Equipment Manufacturers (OEMs).
    For additional information, contact Michael H. Schoeffler, Starcraft Corporation, at (219) 533-1105 x 257 or Bill Roberts, CTC at (937) 434-2700.
    This news release contains forward-looking statements regarding financial capabilities, profitability and other matters. Investors are cautioned that actual results may differ materially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, level of customer demand, competitive pressures and other important factors detailed in the Company's annual report on Form 10-K for fiscal year 1999 filed with the Securities and Exchange Commission.