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Edelbrock Executes Exclusive Agreement

11 May 2000

Edelbrock Corp. Executes Exclusive Agreement to License Its Brand Name On Ultra Wheel Company Performance Wheel Line

    TORRANCE, Calif.--May 11, 2000--Edelbrock Corporation today announced that it has entered into an exclusive license agreement for a minimum five (5) year period with Ultra Wheel Company, a Buena Park, California wheel manufacturer, to give Ultra Wheel the exclusive rights to manufacture and sell a performance line of aftermarket wheels, utilizing the Edelbrock "brand name."
    As part of the Agreement, Ultra Wheel will pay Edelbrock a royalty based upon invoice sales of the wheels, which also includes a minimum annual sales provision to keep the Agreement in effect.
    Ultra Wheel is a leading manufacturer of performance aftermarket wheels and is located in Southern California in approximately 258,000 SF. Started in 1987, Ultra Wheel currently employs over 900 people and distributes over a million wheels annually.
    Commenting on the Agreement, Edelbrock chairman and chief executive officer, Vic Edelbrock said, "This is an exceptional opportunity for Edelbrock to display its brand name in the performance wheel aftermarket. Ultra Wheel is well known for its brand recognition and quality products."