V-TWIN HOLDINGS INC. ANNOUNCES DISTRIBUTION AGREEMENT

Contacts:

Stanley Wunderlich
Consulting For Strategic Growth, Ltd.
Public Relations
Corporate Development Consultants
Tel: 800-625-2236
Fax: 516-625-4523
Email: cfsg@iname.com

Richard Paone
President
V-Twin Holdings, Inc.
Tel: 212-431-7221
Fax: 212-431-7487
Website: www.vtwin.net
Email: info@vtwin.net

New York, NY -- March 1, 2001 -- V-Twin Holdings, Inc., (OTCBB: VTWN) today announced the company has successfully executed a distribution agreement with the Independence Motorcycle Company. Located in Tucson, Arizona, Independence was pleased with the initial success of their bike sales and will now distribute motorcycles through the Bikers Dream dealer network, a wholly owned subsidiary of V-Twin, which operates six dealerships and licenses the name to 16 independent dealers in 14 states. V-Twin also has secured a right of first refusal to sell the Independence motorcycles within the territories of its Bikers Dream dealerships, in addition to any new store openings. With this agreement, V-Twin has placed an order to purchase three hundred new millennium style motorcycles. Complete terms were not announced.

Mr. Richard Paone, President of V-Twin Holdings stated, Coming off last weeks very successful Powersports Dealer Expo show, this deal with Independence represents the growing interest by our company in new hot" motorcycles. In addition, there is an acknowledgement by manufacturers of our growing marketing and sales clout."

Mr. Ken Kepler, Senior Vice President of Independence stated, The building of our relationship continues with V-Twin, as our millennium style motorcycles reach the riding public. We look forward to continuing our close working relationship as both companies continue to accelerate their growth."

About V-Twin Holdings, Inc.
V-Twin is a business-to-business, web-based marketplace builder that integrates industry 'brick and mortar with a web-based, e-procurement system. By driving transactions into industry specific marketplaces, V-

Twin can assure its marketplaces have a significant advantage over virtual distributors. In its first marketplace, V-Twin created transactions by organizing a large purchasing base and industry know-how
through the acquisition of a multi-location motorcycle/powersport dealership network. Leveraging the insider" advantage of its growing network of superstores and franchises, V-Twin with its technology partner PurchasePro.com [NASDAQ:PPRO], launched CycleClick.com, a B2B web site for retailers and manufacturers that want to increase their purchasing power and sales. V-Twin is also a Channel Partner/Reseller of PurchasePros web-based, e-procurement system.

AboutCycleClick.com
CycleClick.com has created a web-based B2B marketplace serving the $35 billion powersports and motorcycle industry. CycleClick.com's goal is to return pricing power to the thousands of independent retailers, distributors and manufacturers that have been economically compromised by the traditional industry structure. It is anticipated that CycleClick.com will be an attractive alternative to its target population with its unique combination of competitive advantages: an easy-to-use web-based interface, a deep catalog of SKUs, building word-of-mouth support, first mover and industry insider" status, and the technology expertise of PurchasePro.com (NASDAQ:PPRO) (www.purchasepro.com).

For additional information, including a copy of the updated financials for V-Twin Holdings, Inc., please visit their website: www.vtwin.net or call CFSG at 800-625-2236.

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This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to V-Twin and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, V-Twin actual results may differ significantly from the results discussed or implied in such forward-looking statements.