SOUTH JORDAN, UT -- (MARKET WIRE) -- 08/12/08 -- Aero Performance Products, Inc. (PINKSHEETS: AERP), which operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner, reported that unaudited sales for Aero products in July 2008 were 90% higher than in July 2007.
The improvement for the month of July follows the disclosure that sales of Aero Exhaust products for the fourth fiscal quarter of 2008 were 22% higher than the same period last year with a gross profit margin up to 39% for the period, a significant improvement over the results from the previous fiscal quarter.
Aero Performance Products has provided the updates on sales in order to keep its shareholders informed during the period before the annual report is due to be filed in late September.
"July was another improved month for Aero Exhaust, and represents a good start of the new fiscal year and we are pleased to have built on the success of the previous quarter," stated Aero Performance Products CEO Bryan Hunsaker. "We look forward to continued improvement over previous years' number as awareness of Aero Exhaust products grows and an increased supply of products becomes available."
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About Aero Performance Products, Inc.
Aero Performance Products, Inc. (www.aeroperformanceproducts.com) operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Aero's product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate website, http://www.aeroexhaust.com./
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K for fiscal year 2007 filed with the Securities and Exchange Commission.
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