TGB Dealerships Offer Financing From GE

Cobra Powersports now offering Dealer Floor Planning for TGB Dealers.

Kennesaw, GA May 30, 2006 -- Cobra Powersports, the U.S. Distributor for TGB scooters and ATVs (all-terrain vehicles) announced today that GE Capital Solutions now provides wholesale financing to authorized TGB dealers.

Cobra Powersports sells and services its TGB Scooters and ATVs through 145 authorized dealerships in North America, with the company continuing to seek qualified dealer candidates.

"With GE's support, TGB dealers are able to offer a depth of inventory that allows them to meet the needs of their retail customers while helping them grow their businesses," said Cobra Powersports president Bill Peirce.

Current Cobra Powersports dealers that are interested in establishing a floor plan account for your TGB inventory please contact your Cobra Powersports representative or GE’s Commercial Distribution Finance representative.

About TGB Taiwan Golden Bee is a leading manufacturer of scooters, ATVs and OEM parts, whose customers include Piaggio, Suzuki, and Peugeot. Since its inception in Taiwan in 1978, TGB has evolved into one of the largest CVT (Continuously Variable Transmission) manufacturers with over 60% market share in Europe.

About Cobra Powersports Cobra Powersports is the exclusive distributor for TGB products in the United States and Caribbean Islands. A leading distributor of scooters, ATVs (all terrain vehicles), and motorcycles. Powersports dealers rely on Cobra Powersports to provide quality transportation products.