NEWS RELEASE - December 22, 2006

Pacfic Tailboats will soon be introducing new pricing for the Ventura™ tailboat and AquaFin™ propulsion systems. Through the use of advanced aluminum casting technologies and high-strength injection-molded engineering thermoplastics, customers can expect to see very competitive pricing for the 2007 season. We will also introduce a new and improved hull.

Pacific Tailboats is a developer and manufacturer of innovative human-powered watercraft employing proprietary state-of-the-art propulsion technologies. Pacific Tailboats is a wholly owned subsidiary of Turbosystems Engineering Inc. of San Rafael CA, USA.