FOR IMMEDIATE RELEASE
.........................................................................................

CONTACT: 
Thomas Breuss 
Hydrospace International Sales Manager
Email: thomas.breuss@hydrospace.at
Phone: 011-43 2757-48675-602

Hydrospace Moves to Direct Distribution in USA: 

Pöchlarn, Austria- September 19, 2007 

Hydrospace (HSR-Benelli) of Austria today announced that it has reached an agreement to distribute Hydrospace products direct to the US dealer network. Riva Motorsports has been the company's exclusive U.S. distributor since 2006 operating as Hydrospace USA . Under the terms of the agreement, Hydrospace Austria will assume direct control of U.S. distribution, marketing and technical support for the Hydrospace brand. 

Hydrospace's International Sales Manager , Thomas Breuss commented "Our move to direct distribution in the USA was necessary due to the challenging euro/dollar exchange rate. Our new distribution strategy will allow us to offer our line of exciting watercraft products at competitive pricing. Riva Motorsports will change rolls from distributor to dealer joining our network of 20 HSR-Benelli dealers nationwide." 

A new U.S. based distribution center will allow Hydrospace to move into it's next phase of growth which includes the introduction of several new PWC models. 


About Hydrospace (HSR-Benelli) 

Hydrospace produces high performance personal watercraft for the racing and recreational markets. Innovation and European manufacturing quality are trademarks of the Hydrospace brand. 

Hydrospace’s first watercraft offering, the S4 stand up, is the world’s first 4-stroke stand up watercraft. Powered by a turbocharged 110hp engine, the S4 has captured numerous racing championships since its introduction in 2005. Hydrospace is currently developing additional models including a high performance runabout targeted for worldwide release in 2008. 

The Hydrospace manufacturing facility is located in Pöchlarn, Austria. Engine design and production is handled by the sister company Benelli Motori located in Pesaro Italy.