Cobra Powersports Experiences Record Year of TGB Scooter Sales

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With 3 months remaining, the sales of TGB Scooters in 2006 have already surpassed 2005 numbers.

Cobra Powersports announced their 2006 third quarter sales results were higher than the same period last year.

The companies sales for the first 9-months of 2006 have already exceeded 2005 sales due to the increased demand for its 49cc and 151cc TGB scooter line.

"We had a great start in 2006 because we had the only 49cc 2-stroke 2006 EPA certified scooter to sell and we increased our warranty to 2-years. Consumers want the powerful 2-strokes and we were the only company to have them available," said Bill Peirce, Cobra's CEO. "Then the fuel prices went up and our sales went through the roof because commuters were buying vehicles that would save them money on gas. It took us several months to catch up to the demand."

"Even though gasoline prices have recently come down, consumers are still interested in buying vehicles that can save money on fuel because many expect fuel prices to go back up. This holiday we expect consumers will be purchasing our scooters to fill this need," added Mr. Peirce.

Cobra Powersports provides an industry leading 2-year, Unlimited Miles Warranty for all TGB scooters. All TGB scooters have 2007 EPA Certification, including the powerful 2-stroke 49cc scooters with an MSRP starting at $1,699.

Cobra Powersports expand its distribution in 2006 to include over 200 dealers and expects to add another 100 powersports dealers in 2007.

About TGB

Taiwan Golden Bee is a leading manufacturer of scooters, ATVs and OEM parts, whose customers include Piaggio, Suzuki, and Peugeot. Since its inception in Taiwan in 1978, TGB has evolved into one of the largest CVT (Continuously Variable Transmission) manufacturers with over 60% market share in Europe.

About Cobra Powersports

Cobra Powersports is the exclusive distributor for TGB products in the United States and Caribbean Islands. A leading distributor of scooters, ATVs (all terrain vehicles), and motorcycles. Several hundred powersports dealers rely on Cobra Powersports to provide quality transportation products.

TGB Contact information:

Mitch DeFrancis

Office: 770-423-2827 Ext. 130

Mobile: 770-375-6648

Fax: 770-423-4017

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Mitch Defrancis
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