Advanced Performance Sports, Inc. Technology Development Report

New Technologies Update Ultra-lite Sports Apparel technology – Racing apparel for swimmers and cyclists – Design reduces drag Generation XX Snowboard – Flexi-design snowboard – Technical composition (classified) Land Surfing – Equipment testing for Spring

Ultra-lite Sports Apparel Technology progress – Phase 1 testing completed (P1) Initial evaluations available for review – Phase 2 - endurance testing under way (P2)

Ultra-lite Status

Generation IV Snowboard Development progress – Final testing phase (P3) in progres Binding tests A-1 through A-4 completed Board tests A-1 and A-2 in progress Latch release redesign in progress – Product market review in progress 30 day reports due at end of month – Development review cycle in progress

Land Surfing Initial testing phase (P1) in progres Binding tests A-1 through A-4 completed Board tests A-1 and A-2 in progress Latch release redesign in progress Sail tests completed – Product market review in progress 30 day reports due at end of month – Development review cycle in progress

Questions Development Testing Marketing