Carroll Shelby Introduces Shelby Ford Expedition at SEMA

[rshelby]

Carroll Shelby Introduces Shelby Ford Expedition at SEMA
Friday October 29, 2:15 pm ET
Carroll Shelby and Ford Collaborate to Debut Product-Intent Concept Vehicle

LOS ANGELES, Oct. 29 /PRNewswire-FirstCall/ -- Carroll Shelby International, Inc. (OTC Bulletin Board: CSBI - News) announced it will unveil a Ford Shelby Expedition production-intent concept vehicle at the 2004 Specialty Equipment Market Association (SEMA) Show in Las Vegas November 2-5. This newest Shelby model, which stakes its claim as a Shelby "Performance Utility Vehicle" (PUV), combines true performance with cargo and towing capacity, and delivers a number of performance, handling and styling upgrades over the standard Ford Expedition model. The vehicle will be on display in the Ford Motor Company exhibit booth in the Grand Lobby of the Las Vegas Convention Center, from November 2-5, 2004. Powered by a 5.4-liter, 4-valve Ford GT engine with a unique supercharger, the Ford Shelby Expedition delivers 550 hp and 500 lb-ft of torque, and is equipped with a 5-speed automatic gearbox and a Borla performance exhaust system. Its chassis is engineered with Optimum Composite Design structural enhancements and Brembo brakes with 385mm cross-drilled rotors in front and 4-piston, 355mm rear rotors bring the Shelby PUV to a stop with ease.

The Ford Expedition by Shelby offers dynamic Shelby-inspired exterior body accents, graphics and ground-effects, a Shelby-enhanced custom interior that includes an Eclipse navigation, CD/DVD system, Accelevision headrest LCD monitors, Monster Cable wiring, and a Cobra alarm system. The Expedition is accented with 22-inch custom SVT-inspired billet aluminum wheels and tire package.

"The Expedition is the first in a series of products and concepts we have on the drawing board," says Brent Fenimore, vice president of Shelby Automobiles. "We're calling this a production-intent concept, because it will be reviewed for feasibility via a market study and then if it's approved, the Shelby Ford Expedition will be produced as a limited edition version."

The production schedule, quantity and/or price for the Ford Expedition by Shelby concept vehicle are yet to be determined.

About Carroll Shelby International, Inc.

Carroll Shelby International, Inc. is the parent company of Shelby Automobiles and Carroll Shelby Licensing, www.carrollshelbyinternational.com.

Shelby Automobiles Inc. is manufacturing high performance Shelby vehicles under the guidance of the legendary Carroll Shelby and will be involved in prototype manufacturing, design and engineering projects; and plans to increase production and availability of these Shelby products through an expanded dealer network and direct sales under a license agreement with Carroll Shelby Licensing Inc. For more information, call 702/325-4851 or visit the company's web site at www.shelbyautos.com.

Carroll Shelby Licensing Inc., founded in 1988, is the exclusive holder of automotive manufacturer and entrepreneur Carroll Shelby's trademarks and vehicle design rights, which include some of the world's most famous muscle cars and high-performance vehicles, including the car that brought home to the U.S. it's first and only FIA World Manufacturers Championship in 1965, the famous Shelby Cobra Daytona Coupe. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For additional information about the company or licensing opportunities, call (310) 914-1843, or fax (310) 914-1853 or write to Carroll Shelby Licensing, Inc., 11150 West Olympic Boulevard, Suite 1050, Los Angeles, CA 90064 or visit www.carrollshelby.com.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.