Saleen to Release Renderings for New Saleen Tesla Model S, April 12, 2014

Completed Vehicle Expected to Debut this Summer

PR Newswire

CORONA, Calif., April 1, 2014 /PRNewswire/ -- Saleen Automotive, Inc. (SLNN), (SLNN) (the "Company"), an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel, is pleased to announce that the Company will release the first renderings of the much-anticipated Saleen Tesla Model S electric vehicle on April 12, 2014.

The Company previously announced its intention to produce a Saleen Tesla Model S electric vehicle and now with initial Research and Design progressed to a level that allows for the release of a rendering, the Company is prepared to show its vision for a Saleen version of the acclaimed Tesla. The first completed Saleen Tesla Model S is expected to be available in early summer.

"Some of the mystery will soon be over," stated Steve Saleen, CEO, Saleen Automotive, Inc. "For those who have wondered what we can do to a car like the Tesla, our renderings will answer many of the questions in the media."

"But until the actual car rolls out of our Corona Campus production facility this summer, the public will have to wait to see the full expression of talent and creativity that we intend to bring to the amazing Tesla Model S," added Saleen.

For more information and updates regarding Saleen Automotive visit the following online locations:

Company website: www.saleenautomotive.com.

Facebook: https://www.facebook.com/Saleen

About Saleen Automotive, Inc.

Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.

Information about Forward-Looking Statements

This press release contains "forward-looking statements" that include information relating to future events and future financial and operating performance.  The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements.  Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved.  Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. An example of such forward looking statements in this press release include statements regarding the Company developing and completing successful new car projects. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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