KYMCO USA Partners with Indycar Series

5 Stan Perkins Road, Spartanburg, SC 29307 (864) 327-4744 (864) 327-4745 Fax

May 18, 2009

FOR IMMEDIATE RELEASE

KYMCO USA Partners with IndyCar® Series

Spartanburg, SC -- KYMCO USA, a longtime leader in quality, fuel-efficient scooters, motorcycles and ATVs has teamed up with the IndyCar® Series, the premier open-wheel racing series in the United States, as an official partner. The multi-year partnership will make KYMCO the official scooter and off-road utility vehicle of the IndyCar® Series. KYMCO will also have official status with Firestone Indy Lights, the premier ladder series for drivers and teams striving to compete in the IndyCar Series.

“We are extremely pleased to be involved in IndyCar® Series racing,” said Eric Bondy, President of KYMCO USA. “It’s a thrilling form of American racing with an established fan base that is only getting bigger. This gives us an excellent opportunity to expose our brand to new customers around the country and throughout the world.”

“We couldn’t be more pleased to have a company like KYMCO come on board with the IndyCar® Series,” said Greg Gruning, Vice President of Sales for the Indy Racing League. “KYMCO manufactures quality products that the IndyCar Series staff will rely on throughout the course of the IndyCar® Series season.”

Throughout 2009, fans will notice IndyCar® Series personnel using KYMCO Super 8 150cc scooters and UXV 500 4X4 utility vehicles for various needs in and around the venues where the series races as well as at its headquarters in Indianapolis. With its aggressive sportbike looks, the Super 8 150 will be right at home at the track. It features a fuel-efficient 150cc, SOHC air-cooled engine, front disc brakes, and KYMCO's popular CVT transmission. KYMCO 4x4 UXV 500 side- by-side utility vehicle provide a comfortable ride for driver and passenger, and the 420-pound capacity cargo bed is perfect for hauling parts.

About the IndyCar Series:

The IndyCar® Series is the premier open-wheel series in the United States, competing on a challenging combination of superspeedways, short ovals, scenic road courses and temporary street circuits. In 2009 the IndyCar® Series will conduct 14 races in the U.S., two in Canada and one in Japan, all available worldwide through comprehensive, long-term agreements with ABC and VERSUS, with all races broadcast in High-Definition. A leader in motorsports technology, the IndyCar® Series is the first racing series to power its Honda engines on 100 percent fuel-grade ethanol, a renewable and environmentally friendly fuel. The IndyCar® Series continues to the be the fastest, most competitive and innovative racing series, attracting a diverse lineup of drivers including Scott Dixon, Danica Patrick, Graham Rahal, Marco Andretti, Dan Wheldon, Dario Franchitti and Tony Kanaan and Ryan Briscoe. For more information on the IndyCar® Series, please visit www.indycar.com. 5 Stan Perkins Road, Spartanburg, SC 29307 (864) 327-4744 (864) 327-4745 Fax

About KYMCO USA

KYMCO's roots in the motorsports industry go back to its founding in 1963 as the Kwang Yang Motor Company, Ltd., with headquarters in Taiwan. Long a leader in quality, fuel economy, and versatility, today KYMCO manufactures motor scooters, motorcycles, and ATVs at five plants in Asia, including the main facility in the city of Kaohsiung.

KYMCO is the largest scooter manufacturer in Taiwan and currently exports to 88 countries worldwide. All KYMCO plants use the latest technology for the engineering and production of reliable engine, chassis, and other components. Since 2004, KYMCO has been officially accredited for ISO-9001 quality in manufacturing. KYMCO is committed to maximum customer satisfaction and constant innovation, making use of the most advanced CAD/CAE tools to bring superior engineering and design to their products.

The company's partner in the United States is KYMCO USA with headquarters, marketing and distribution centered in Spartanburg, South Carolina. KYMCO USA is dedicated to building the brand's reputation and market share through superior value, frequent new product introductions, strategic industry partnerships, and excellence in dealer network support. KYMCO USA has a reputation and expertise gained through over 30 years in the U.S. motorsports industry.

Press Contact: Rick Pawelka Director of Marketing [email protected]