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Pick-Ups Plus Announces the Acquisition of Its Florence, KY Store

4 May 2000

Pick-Ups Plus Announces the Acquisition of Its Florence, KY Store

    MASON, Ohio--May 3, 2000--Pick-Ups Plus, Inc. (OTCBB:PUPS) announced today that it had finalized the acquisition of the Florence, Kentucky store from Mr. Brian Glover, the original franchisee, who will now become part of the parent Company's management team. This acquisition will add $850,000 in annual revenues and enhances the Company's ability to attract future acquisitions and provides working capital for the opening of additional Company owned stores.
    Pick-Ups Plus President, John Fitzgerald said: "Not only are we delighted to have Brian Glover on our management team, but this will add significant revenue to our financial statement as we add to our number of Company owned stores. It is our intention to add at least two (2) more Company owned stores by year-end and we have received a number of inquiries from other acquisition candidates since we became the first public company in our field."
    Pick-Ups Plus, Inc., is a retailer and franchiser of stores devoted exclusively to the sale and installation of accessories for pickup trucks and sport utility vehicles. Through the opening of company stores and select franchises, Pick-Ups Plus, Inc. intends to become the national leader in providing accessories for pickups and SUVs while obtaining its share of this $30 billion dollar market. For updates on Pick-Ups Plus, Inc. please subscribe to Strategic Investor Group's newsletter at www.stratego.net , and visit Pick-Ups Plus, Inc.'s web site at www.pickupsplus.com.

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934, as amended by Public Law 104-67 and is subject to safe harbor created by these sections actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties. Past performance is not necessarily indicative of future results.