PMCY - Patriot Motorcycle Corporation (fka PMCY)

[jmhollen]

Patriot Motorcycles Corporation Signs Letter of Intent to Acquire Torque Engineering Corporation

CORONA, Calif., Aug. 6 /PRNewswire-FirstCall/ -- Patriot Motorcycles Corporation (OTC Bulletin Board: PMCY), a designer, manufacturer and distributor of hybrid motorcycles and motorcycle accessories, announced today that it has signed a Letter of Intent to acquire Torque Engineering Corporation (OTC: TORQ) developer and manufacturer of the TORQUE V-12, light weight aluminum, high output, marine engines, located in Elkhart, Indiana.

"We are excited about the overwhelming potential this combination could bring to Patriot," said Michel Attias, CEO of Patriot. "Most of Torque's existence has been intensely involved in research and development as demonstrated by the design, development and the manufacturing processing of their very sophisticated V-12 engine. For us to have those capabilities teamed with our organization we believe we can not only develop unique products, but reach new levels in the economy of scale for manufacturing."

Product diversity, pooling of personnel resources and higher utilization of assets, all lead to economic efficiencies, which should make a more attractive package to the investing community," said Rick Wedel, CEO of Torque. "We have always prided ourselves on bringing to the marketplace the most powerful gasoline production engine known today. We would welcome the opportunity to bring our talents to Patriot for a common cause."

About Patriot Motorcycles Corporation

Patriot exclusively uses the Harley-Davidson(TM) twin-cam 95 cubic inch engine, Harley-Davidson transmissions and 'Screaming Eagle' pistons. Patriot designs all of its motorcycles based on performance, quality and price. Patriot, through their dealer organization, provides a four-year limited manufacturer's warranty that is transferable and can be extended for seven years. Currently Patriot features three rigid-frame models including the Fury, Fury SE (limited edition) and Chopper; four rubbermount-frame models, including the Menace RC, Phantom, Predator and Stalker; and six softail models including the Big Easy 1800, Big Easy 2500, Babylon 1800, Babylon 2500, Menace SC and the Raider SSE (limited edition). To learn more about Patriot Motorcycles, visit the company's web site at www.patriotmotorcycles.com .

About Torque Engineering Corporation

Torque Engineering is currently offering four models. All models are lightweight, aluminum, 14-liter (860 cubic inches) V-12 ENGINE for the marine pleasure boating industry. Three models are naturally aspirated and the newest is with twin centrifugal supercharges. All engines feature advanced electronic digital engine management systems, developing 900 to 1400+ horsepower. The Torque V-12s have been installed in premiere boats such as Cigarette, Jaguar, Nor-Tech, Skater and Hustler. To learn more about Torque Engineering, visit the company's web site at www.torqueV12.com .

For further information, please contact Michel Attias of Patriot Motorcycles Corporation, [phone].

SOURCE Patriot Motorcycles Corporation

CONTACT: Michel Attias of Patriot Motorcycles Corporation,
[phone]

Web site: http://www.torqueV12.com

Web site: http://www.patriotmotorcycles.com