Swift Engineering, Inc. Selected as Formula Nippon Chassis Supplier

San Clemente, California – USA August 2007 — Swift Engineering, Inc. is pleased to announce the next generation race car for the Formula Nippon Racing Series. The new racing chassis dubbed 017.n is a clean sheet design with futuristic styling and performance improvements to supply the Japanese based racing series for competition 2009-2011.

“It is a tremendous honor to have been selected as the chassis provider for this prestigious race series" says Hiro Matsushita, chairman and CEO of Swift Engineering and former race car driver. Working together with the engine manufacturers and other technical partners, the team at Swift Engineering shall endeavor to produce an exceptional race car for this international series.

The new race car will be larger and more powerful than the car currently supplied, with an emphasis on producing a car that will provide exceptional performance and exciting racing.

The cars will be powered by a new generation of 3.4 liter normally aspirated V-8 engines producing 600 BHP. Initial testing will begin in early summer of 2008.

Swift Engineering, Inc. has designed and manufactured over 500 successful race cars for many levels of racing. For more information, visit our website at: www.swiftengineering.com