Carbon Motors™ Selects KPMG LLP

October 13, 2006

ATLANTA, Georgia, October 13, 2006 – Carbon Motors Corporation has selected KPMG LLP to provide corporate advisory services on a number of automotive related items required in developing a new automaker. Carbon Motors’ Chairman and CEO, William Santana Li, commented, “We are extremely happy to have KPMG join the Carbon team. It is important in growing a company that key long-term relationships are established early on so as to maximize long-term value – especially one that is mutually beneficial.”.

“We have witnessed the massive changes underway in the automotive industry and believe a new business model with a clean-slate approach is a compelling proposition – especially one with a clear market opportunity, a strong management team, and an executable plan,” remarked Tom S. Lee, Director, Automotive Advisory Services, KPMG.

Both firms envision the relationship expanding from advisory to additional tax and audit engagements as the Company continues to go through its growth cycle.

About Carbon Motors Corporation

Carbon Motors Corporation is a new American automaker with an innovative business model. Carbon is developing and will manufacture, distribute, and service an all-new purpose-built law enforcement patrol vehicle. The Carbon mission includes developing a new lower-volume capable vehicle platform, establishing a direct and efficient end-to-end supply chain, and continuing to foster public and private sector collaboration.

About KPMG

KPMG is a global network of professional firms provide tax, audit, and advisory services. KPMG operates in 144 countries in member firms around the world. For more information, visit www.kpmg.com