AUBURN, AL--(Marketwire - Oct 31, 2012) -  Viper Motorcycle Company (Viper), a wholly owned division of Viper Powersports, Inc. (OTCQB: VPWI), announced today that it has signed a Joint Venture Agreement with BlackStone Tek (BST).

BST will supply and manufacture proprietary, co-branded carbon fiber wheels and components for upcoming Viper models. BST is recognized as a world leader in carbon fiber wheels and components. The BST/Viper partnership will highlight BST's product development and world-class manufacturing capabilities which will enhance the already outstanding performance and handling characteristics of the Viper motorcycles.

BST's Managing Director Gary Turner says, "We're delighted to be working with Viper on their new products. We really like their motorcycles -- they're exciting and progressive, and I know we can add significantly to the aesthetics and the performance. We're looking forward to this project!"

John Silseth, Chief Executive Officers of Viper Motorcycles, says, "The Viper team is very excited about partnering with such a high quality organization, both because of their exceptional wheels and the future development of carbon components across our model range."

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements, which do not reflect anticipated or unanticipated events or circumstances occurring after the date of these forward-looking statements.

For more information visit our website at www.vipermotorcycle.com