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Aero Performance Products, Inc. Outlines Goals for 2009 Including Advancement of Roll-Up strategy and Improved Stock Valuation

^{Published on 2008-12-29 06:51:36, Last Modified on 2008-12-29 06:52:44 - Market Wire}
 

BLUFFDALE, Utah--([ BUSINESS WIRE ])--Aero Performance Products, Inc. (OTCBB: AERP), which operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and a NASCAR Performance Partner, today announced several goals for the company for the 2009 calendar year, including advancement of Aero's roll-up strategy through a planned targeted acquisition.

When Aero became public in October 2008, the company expressed its intention to seek acquisition candidates in the automotive supply market that present significant synergies with the operations of Aero Exhaust. The company expects to execute an acquisition as part of its roll-up strategy in the performance automotive market in early 2009.

"There currently are opportunities to acquire quality companies that present significant synergies with the operations of Aero Exhaust, and we look forward to completing the first of our planned acquisitions in 2009," stated Bryan Hunsaker, CEO of Aero Performance Exhaust. "We believe this strategy will benefit the company in several ways.

"First, additional revenues included as part of the company's consolidated financial statements will help to improve the valuation of Aero's common stock in the public markets. The improved market valuation is not only good for stockholders, but it is expected to allow the company to more easily attract investment capital to finance the further growth of Aero's operations, and allow the company to increase revenues more rapidly than relying only on organic quarter-over-quarter growth. Second, the consolidation of operations of two companies can provide cost savings for both, allowing each to operate more profitably," he added.

During the 2008 calendar year, the company expanded distribution of Aero Exhaust core muffler products in U.S. and international markets to meet growing demand. For 2009, the company will seek to make a greater supply of its core muffler products available to its distributors. In addition to increased supply of its core muffler products, the company intends to roll out additional Aero products in the future, including its exhaust system kits.

"2008 was an eventful year for the company, in which some of its goals were accomplished and others we expect to reach in 2009," Mr. Hunsaker said.

In addition to increased product distribution and improved financial performance in every quarter of the year over the corresponding quarter in the previous year, Aero recently completed its move to a new corporate headquarters located in Bluffdale, Utah. The move, which provides a single location for Aero's administration, warehousing, and product development, will serve to reduce the company's operational costs while providing increased capacity to grow revenues.

To sign up to receive information by email directly from the company whenever new press releases, investor newsletters, SEC filings, and other written material is issued, please visit [ http://www.aeroperformanceproducts.com ].

About Aero Performance Products, Inc.

Aero Performance Products, Inc. ([ www.aeroperformanceproducts.com ]) operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Aero's product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate website, [ www.aeroexhaust.com ].

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K for fiscal year 2007 filed with the Securities and Exchange Commission.