TineLok to Revolutionize the Motorsports Industry

Permanent Technology TineLok Vibration-Proof Fastening System Withstands Harsh and Treacherous Mexican Desert Conditions to Keep Baja Challenge Cars on Track

HAUPPAUGE, N.Y., May 12 -- Permanent Technologies, Inc. (Pink Sheets: PERT) TineLok Vibration-proof Fastening System was installed on off-road vehicles in the most recent SCORE Baja 1000 Challenge desert race through the Mexican Desert. We believe this harsh and extreme environment can make normal fasteners shake loose -- potentially losing races, and perhaps causing damage to cars and harm to drivers.

The results? This year, TineLok fasteners performed as designed, never once letting go throughout the entire race. We believe this success is a victory for TineLok, the SCORE Baja 1000 Challenge and motorsports safety.

We believe our products performance may lead to TineLok becoming a standard fastener in motorsports vehicles of all kinds in the future, although we can provide you no assurance our products performance will lead to our product being accepted as a standard fastener, or any sales, revenues or profit.

"This is revolutionary, I can't wait to see what the future holds for this amazing new fastener," says Ryan F. Hill, General Manager of Hillco Fastener Warehouse of Garden Grove, California, a major supplier of fasteners worldwide. "TineLok fasteners were installed as shock-mount bolts in the recent Baja 1000 race. The bolts were exposed to a brutal beating, bouncing and pounding through the rugged desert terrain."

"Drivers were all highly impressed by the durability of TineLok -- they never broke, never loosened and never failed. Installation, removal and replacement was a snap too, which came in handy for roadside repairs. One team made a quick shock absorber switch -- with no special tools -- then got the car back on the road to continue racing. If the racers we talked to are any indication, Permanent Technologies has a real winner here," said Hill. Although Mr. Hill's comments are satisfying to us, you should not place undue reliance on these statements, and these statements should not be construed as an indication of our products market viability or acceptance.

"We are really thrilled with the way TineLok performed in the conditions of off-road desert racing in the Baja Challenge. We believe there may be many applications that demand the safety, reliability and security that we believe TineLok delivers in high-vibration situations," said Permanent Technologies CEO, Loren Ball.

About Permanent Technologies, Inc.

Permanent Technologies is the inventor and manufacturer of the award winning TineLok Fastening System -- a family of fasteners that are designed to hold tight in the most demanding, extreme and harshest conditions, environments and applications. The TineLok Fastening System's vibration-proof, self-locking technology is an affordable alternative to traditional fasteners when increased safety, reliability, operating life and reduced maintenance is desired or required.

The Company has been granted numerous patents both in the U.S. and internationally for the TineLok technology. For more information please visit TIMELOK.