Giant Motorsports Named Top Volume U.S. Dealer of Suzuki Brand Motorcycles and ATVs for Model Year 2004

National Distinction Validates Company's Innovative Destination Retailer Business Strategy

SALEM, Ohio, Feb. 14 -- Giant Motorsports, Inc. (BULLETIN BOARD: GMOS) , implementing a national roll up strategy with a "big box" destination business model in the motorcycle and powersports industry, announced it has been named by American Suzuki Motor Corporation as the nation's number one volume dealer of popular Suzuki brand motorcycles and ATVs for the model year 2004. Greg Haehn, president of Giant Motorsports, made the announcement.

"We believe this record year for unit sales of Suzuki products is indicative of the developing efforts and success of our consolidation strategy. As we continue the implementation of our "big-box" superstore concepts, as well as the further integration of the Chicago Cycles acquisition, we believe that we will continue to demonstrate the effectiveness of our business model and set the standard for business practices throughout the motorsports industry," said Mr. Haehn. "We anticipate continued success in all aspects of our sales and growth strategies leading Giant Motorsports into and through the upcoming 2005 season."

Giant Motorsports believes that its "big-box" business strategy has made the Company one of the nation's leading sellers of powersports products, including motorcycles, scooters and all terrain vehicles.

The Company recently announced formation of the Giant Motorsports Acceptance Group, Inc., a wholly-owned finance subsidiary formed to attempt to provide direct financing to purchasers of the Company's motorcycles and other powersports products. Based on current sales levels, it is Management's opinion that the new captive finance arm, if successful, has the potential to generate significant loan-related revenues. The Company currently outsources approximately $22 million on an annual basis in financing for its customers. Management believes the new finance subsidiary could convert a significant portion of that financing business to its in-house captive finance arm.

Giant Motorsports also recently announced revenue guidance for the four quarters of 2005 in excess of $100 million, an approximate 22% increase over the estimated current year, based on organic growth. Third quarter 2004 unaudited revenues of approximately $26.3 million represented an approximate 107% rise in revenues over the comparable period for the previous year. Unaudited revenues for the first nine months of 2004 totaled approximately $60.3 million, an increase of approximately 62% over the same period last year, with fourth-quarter revenues projected at approximately $12 million. The Company also announced recently the close of a lease agreement that will triple capacity at its Chicago-area location.

About Giant Motorsports, Inc.

Giant Motorsports is a destination retailer for motorcycles, all-terrain- vehicles (ATVs) and motor scooters. Through implementation of a business strategy based on a regional "big-box" retailer model, Giant believes it has become a leading multi-brand motorsports retailer in the United States. The Company is attempting to leverage revenue and earnings growth through accretive acquisitions in new regions, through internal growth, and through utilization of rollup and consolidation strategies in the fragmented powersports national dealer environment. The Company has two wholly-owned subsidiaries, W.W. Cycles dba Andrews Cycles and Chicago Cycles. More information is located at http://www.giantcorporate.com/ , http://www.andrewscycles.com/ or http://www.chicagocycle.com/ . To view an online streaming video overview of the Giant Motorsports business and growth strategy, or to read the Company's