GReddy Performance Products, Inc. ("GReddy"), has announced its successful exit from Chapter 11. At a hearing held on June 10, 2009, United States Bankruptcy Judge, Robert Kwan, confirmed GReddy's Chapter 11 Plan of Reorganization (the "Plan"). Both the unsecured creditors and GReddy's prepetition lender voted unanimously to accept the Plan. GReddy is represented by the Law Offices of Michael G. Spector, Santa Ana, California.

"GReddy emerges from Chapter 11 with a very manageable debt load, leaner more efficient operations and a renewed focus on our customers and consumers," said Kenji Sumino, Vice President and General Manager of GReddy. Sumino went on to say "while GReddy has had its challenges in the past, we are now poised to drive sales and profitability for GReddy and our key customers through innovations in design, assembly, merchandising, advertising and promotions. I would also like to take this opportunity to thank all of our customers, dealers, and associates for their faith and support of GReddy. We have continued to have a fortunate place in the aftermarket performance industry, and now we can look forward to an even more successful future."

ABOUT GREDDY PERFORMANCE PRODUCTS, INC.

GReddy is a 100% direct subsidiary of Trust Co. Ltd. of Japan ("Trust Company") and is in the wholesale business of providing automotive performance parts to retailers and installers serving the automotive enthusiasts' market. Based in Irvine, California, GReddy has been a recognized leader in this industry since opening its doors in 1994.

From the beginning, GReddy's speed parts, provided to GReddy by Trust Company, have caught the attention of the national automotive press. Throughout the years, numerous articles have been published about GReddy's products in Motor Trend, Road & Track and other automobile enthusiasts' magazines. Modifications using GReddy's parts have been highlighted in programs on the Speed Channel on cable and satellite television. Productions such as the "The Fast and the Furious" series of movies have used vehicles specifically modified with GReddy parts.

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