Rocket Racing League to Announce Date of First Exhibition Race, 2008 Exhibition Race Schedule, and Key Acquisition & Partnership

WHAT:
The Rocket Racing League, the new entertainment sports league that combines the exhilaration of racing with the power of rocket engines, will announce the date of the first Exhibition Race of the Rocket Racing League and the 2008 schedule of exhibition races across the country. In addition, Rocket Racing League Composites Corp. will announce the acquisition of a leading aircraft manufacturer and a partnership with a leading engine manufacturer.

WHEN:
Monday, April 14, 2008, 9:15 am EDT

WHERE:
Yale Club of New York City

WHO:
Granger Whitelaw, CEO, Rocket Racing League
Peter Diamandis, Co-Founder, Rocket Racing League
Adam Smith, Vice President, EAA
Len Fox, Test Pilot, Rocket Racing Composites Corp.
Scott Baker, President, Velocity Aircraft
Neil Milburn, Armadillo Aerospace
John Carmack, Armadillo Aerospace
Mike Houghton, CEO, Reno Air Racing Association
Timothy Hutton, Oscar Winner & Advisory Board Member, Rocket Racing League

About The Rocket Racing League
Founded in 2005 by two-time Indianapolis 500 winning team partner Granger Whitelaw and X-Prize Chairman and CEO Peter Diamandis, the Rocket Racing League (RRL) is a new entertainment sports league that combines the exhilaration of racing with the power of rocket engines. To be held at venues across the country, the Rocket Racing League will feature multiple races pitting up to 12 Rocket Racers going head to head in a 4-lap, multiple elimination heat format on a 5-mile “Formula One”-like closed circuit raceway in the sky. For more information on The Rocket Racing League, please visit www.rocketracingleague.com.