I think the exposure we'll receive from the 2005 Race Team will go a
long way to increasing our national profile. We do not intend to update any of the forward-looking
statements after the date of this document to conform these statements to
actual results or to changes in our expectations , except as required by law.m.

airboats multihulls

About Xtreme Companies, Inc.challengeroffshore.

watercraft build

to 9 p.

submit recreation

Internationally known race driver and
designer Don Aronow, credited as being the architect of the performance boat
industry, designed and created some of the hull technologies today used by
Challenger Offshore .

ADVISORY/West's Largest and Longest-Running Boat Show Runs Jan. 29-Feb. 6 2005 at Los Angeles Convention Center

topic driven

m.
Sunday, Feb.

pastime correct

com.

1,000 new boats -- all under one roof -- including family
runabouts, fishing boats, cruisers, ski boats, performance
sport boats , pontoons, luxury motor yachts, inflatables,
personal watercraft, houseboats. to 9 p.

Includes sites relating to power boats or 'motor driven' watercraft as a recreational and leisure pastime.

airboats correct

Xtreme Companies, Inc.xtremecos.

driven pleasure

He added, "I am extremely pleased with the
early success of our partnership with Xtreme and believe their extensive
marketing efforts coupled with another winning season from a Challenger craft
will translate into significantly greater unit sales this year. Aronow has also been credited with creating
companies such as Cigarette, Donzi, Formula, Apache and Magnum .

EXHIBITOR HIGHLIGHTS:

-- The Port of Los Angeles will be showcasing project models and
displays of its major "From Bridge to Breakwater" eight-mile
San Pedro waterfront redevelopment project, which includes
enhanced access for recreational boaters."

-- "Dukes of Havasu" 28-foot Nordic Heat high-speed performance
themed boat accompanied by a replica of the original "Dukes of
Hazzard" series' General Lee (a '69 Dodge Charger muscle car).

WHERE: Los Angeles Convention Center, 1201 South Figueroa Street

WHO: The 49th Annual Los Angeles Boat Show produced by the
Southern California Marine Association (SCMA) and presented by
the Automobile Club of Southern California.

performance power

"
Xtreme CEO Kevin Ryan commented, "Since we commenced our partnership with
Challenger, we've pursued an aggressive sales and marketing campaign which not
only includes expanding our dealer channels but promoting the Challenger brand
as well.
Additionally, Xtreme is the exclusive distributor for Marine Holdings,
Inc.com

for Saturday (

49th Annual Los Angeles Boat Show Features More Than $100 Million in
Boats and the Country's Largest Indoor Marine Accessory Mega Mall

WHAT: The 49th Annual Los Angeles Boat Show is the largest and
longest running marine industry event on the Pacific Rim
encompassing more than 500,000-square-feet of exhibit space.m.m .

pleasure performance

"
During Kenny Redel's five year tenure, the Victory Race Team won two class
two championships while he was Crew Chief and three class one championships as
Assistant Crew Chief.

craft boating

Our actual results could differ materially from those
anticipated in the forward-looking statements for many reasons including: our
ability to continue as a going concern, adverse economic changes affecting
markets we serve; competition in our markets and industry segments; our timing
and the profitability of entering new markets; greater than expected costs,
customer acceptance of our products or difficulties related to our
integration of the businesses we may acquire; and other risks and
uncertainties as may be detailed from time to time in our public
announcements and SEC filings.

-- Environmentally -friendly products like the new Evinrude
E-TEC(TM) outboard engine from Bombardier Recreational
Products.

recreation associations

(OTC Bulletin Board: XTME) the exclusive distributor of Challenger Offshore
semi-custom fiberglass boats announced the formation of the 2005 Challenger
Race Team. The boats have been marketed and sold directly to fire
and police departments, the U.gov..

-- International Venture Craft's newest mini-sports sub "personal
underwater submarine.

craft driven

Challenger Offshore President Ron DiBartolo stated, "Last year the Extreme
Liquid Assets Team racing a Challenger DDC-28 won the SBI P4 National
Championship. Xtreme's public financial information and filings
can be viewed at http://www.

-- New unveilings such as Mercury Marine's new high-performance
engines.

boating multihulls

Military and coastal port authorities
throughout the United States. Mr.m.

pleasure yachts

WASHINGTON, Mo. MHI is best known for their products that compete directly with
the industry 's largest boat producers. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they relate only
to events as of the date on which the statements are made, and our future
results, levels of activity, performance or achievements may not meet these
expectations.
ph (845)575-6770
mnovielli@xtremecos.

-- Luxury items such as an Italian-made yacht called the Riva, a
44-foot craft listed for around $1 million.

NOTE TO EDITORS: Photos and b-roll available on request.

driven subcategory

sec.m. 29th, will include:

-- Lee Majors, celebrity actor and long time boater;

-- Tom McKernan , president of the Automobile Club of Southern
California;

-- David Johnson, acting assistant director of the Department of
Boating + Waterways;

-- Representatives from the Port of Los Angeles;

-- Dave Geoffroy, executive director of the Southern California
Marine Association (SCMA).

craft subcategory

com and
http://www.
Saturdays: 10 a.m.

build recreation

6, 2005
Weekdays: 1 p.m.

pleasure subcategory

, Xtreme Companies, Inc.m. 30: 10 a.

Please find the correct subcategory related to the type of watercraft/topic and submit there.

build hovercraft

With Kenny as our team leader this year, I think we can repeat
with another successful campaign. is engaged in manufacturing and marketing of
mission-specific fire and rescue boats used in emergency, surveillance and
defense deployments .

Forward Looking Statements
This release contains forward-looking statements, including , without
limitation, statements concerning our business and possible or assumed future
results of operations.

boating leisure

(MHI) d/b/a Challenger Offshore which manufactures semi-custom fiberglass
boats of 19' to 97' in length, which include leisure, performance, fishing and
motor yachts.

MEDIA INVITED: Opening ceremonies, to be held at 10:00 a., Saturday,
Jan. A complete list of
exhibitors will be available on the SCMA's Web site in January
2005.

craft watercraft

For more
information you may visit please visit http://www. 29 - Feb.
Sunday, Jan.

hovercraft multihulls

Five-time world champion Kenny Redel has been appointed Crew
Chief.S..
The show will include 400 exhibitors showcasing more than $100
million of the boating industry's latest models and
accessories . Marine mega-mall will
showcase countless products and boating related services
ranging from water skis and wakeboards to hi-tech electronics
and boats that fly.

WHEN: Jan.

SPECIAL NOTE: Firefighters and law enforcement personnel (with
identification ) and one guest receive complimentary admission
during the entire show run.

motor houseboats

Xtreme Companies Announces Formation of 2005 Challenger Race Team; Hopes to Repeat as National Champion

Contact: Michael Novielli
Chairman, Xtreme Companies, Inc.

Assignment Desks /Maritime Writers
ADVISORY. 6: 10 a.

craft multihulls

to 7 p. to 6 p.