Shelby SuperCars to Raise $5,000,000 via Private Placement

Shelby SuperCars, all American automaker and Guinness World Record Holder,
to raise $5 million in private equity to fund manufacturing, future model
development and green technologies.

 

Shelby SuperCars, Inc (SSC) announced
today that after remaining a privately-held company since its inception in
1999, the Company has officially launched an invitation-based, private
offering  through
its Confidential Private Placement Memorandum.

 

SSC's investment banking group heading the initiative, Sheffield
International Finance  Corporation,
will undertake a range of activities in collaboration with SSC, including
the implementation and oversight of the Company's first acceptance of
outside capital.  SSC will capitalize on Sheffield International's exposure
to key relationships establishing exclusive showrooms in key cities around
the globe with access to the super luxury marketplace. 

 

Sheffield International's CEO, Philippe
Harari remarked, "We are honored to work alongside this American Pioneer at
the pinnacle of its industry.  SSC embodies American engineering and
integrity at its best.  The SSC Story is a proud example of what America can
accomplish with determination and private capital."

 

Much of the private capital raised will be dedicated to achieve the next
historical milestone: A prototype of the Ultimate Aero EV - the World's
Fastest GREEN Supercar.  "I think we can do it faster, leaner and cleaner
than any other manufacturer," says Jerod Shelby, Founder and Lead Designer.


 

The Company's use of proceeds will be to finance the construction of
manufacturing facilities, ramp up full-scale manufacturing, fund the
development of the Ultimate Aero EV and to continue the research and
development required to keep SSC exciting in the marketplace.  With the
proposed manufacturing facility and the expected showrooms established
worldwide, the Company expects its projected sales in its confidential
private placement to be very realistic.

 

Select invitees already include celebrities and notable financiers from
around the world including Dubai, Moscow and Singapore.  The Company is
currently fielding an onslaught of world media attention including political
candidates anxious to align themselves with the all-American auto maker.  

 

Media attention has been extraordinary.  With reviews and write ups from
almost every auto magazine and enthusiast worldwide, the frenzy around SSC
has been unprecedented.  From Road and Track, Car and driver and DuPont
Registry to Playboy and even Business Week, the review about the company
flagship supercar is stellar.  Auto enthusiast Jay Leno said, "As an
American, I'm proud of this car.  We've taken title away from the Europeans.
We've won the World Series.  This very, very impressive."

 

Tackling the next historical milestone, Green technology, SSC announced in
July that it will unveil the Ultimate Aero EV (Electric Vehicle) in February
2009.  With the green hysteria at the forefront in automobile engineering,
SSC's Ultimate Aero EV will break down the antiquated belief that clean
power-plants can't achieve impressive speeds with practical charging
intervals.  SSC's newest model promises to achieve the World Record of
Fastest Electric car and will do so before any other maker comes close. "We
can do it faster, leaner and cleaner than any other manufacturer" says
Shelby.

 

Unless Tesla Motors who raised over $100m in funding and produces what many
believe is a flawed electric sports car, SSC has to date accepted no outside
funding achieving its world record title with internal capital only.  As
Tesla seeks additional funding in the hundreds of millions of dollars,
Shelby SuperCars will accept only $5mm to give up as little equity of the
Company. As its first- round of financing, SSC Inc. is offering a limited
slice of its private company to a select list of investors who share the
vision of the manufacturers' founder, Jerod Shelby.