StockProfit.com Featured Company News Alert: Power Sports Factory (OTC: PSPF) Demonstrates Its Solar Powered Bike Sharing Station at Philadelphia's City Hall

Power Sports Factory (OTC: PSPF) Demonstrates Its Solar Powered Bike Sharing Station at Philadelphia's City Hall

Los Angeles, CA 11/06/2009 11:04 AM GMT (TransWorldNews)

Los Angeles, CA --- November 6, 2009-- Power Sports Factory, Inc. (OTCBB:PSPF) demonstrated its Bike Sharing System during Philadelphia's "Bike The Strike" rally. Today's "Bike The Strike" event was a coordinated effort between Power Sports Factory, CityRyde and the Philadelphia Bicycle Coalition to help alleviate issues raised by the Philadelphia Transit Strike.

"We are very excited to be part of a solution to help commuters during the Transit strike in Philadelphia. Since the launch of our new division -- BikeShareSource, we have received multiple requests from municipalities, colleges and community activist groups to use our Bike Sharing System as a method to reduce congestion in urban areas. On November 4th, 2009, the citizens and commuters of Philadelphia had the opportunity to witness and test an actual
demonstration of fully operational Bike Sharing System," said Shawn Landgraf,CEO of Power Sports Factory, Inc. "Our management team, along with CityRyde, are pursuing multiple grassroots marketing initiatives to promote our Bike Sharing Deployments in North America and Worldwide. Our goal is to become a worldwide leader in rapidly developing Bike Sharing Industry."

"Bike Sharing Deployments have changed the way people think about their commute in cities all over the world," said Timothy Ericson, CEO and Co-Founder of CityRyde, the largest and most well recognized bike sharing consulting firm in the world. "We demonstrated to the residents of Philadelphia affected by the transit strike that there are alternative forms of transportation. If Philadelphia had a bike sharing system during this transit strike, there would be a significant decrease in the amount of congestion and commuter related headaches."

About Power Sports Factory, Inc.:

New Jersey-based Power Sports Factory, Inc., is wholly owned by Power Sports
Factory, Inc. (OTCBB:PSPF). Power Sports Factory designs, imports and distributes motorbikes principally under the "Andretti" and "Benelli" brands. Additional information is available on the Power Sports Factory website at http://www.powersportsfactory.com/ and http://www.sec.gov/. Power Sports Factory is the only company with motorbikes endorsed by racing legend Mario Andretti. The Andretti line combines top performance, competitive pricing and cutting-edge European design from Benelli. Benelli is the designer of some of the best motorcycles and motorbikes in the world. The Andretti-Benelli line is also known for its high-quality construction and superior styling making it the smart choice for consumers. With today's volatile price of fuel, motorbikes are a smart alternative for people looking for superb gas mileage. BikeShareSource(TM) is the Company's recently launched alternative transportation division. This new division markets Bike Sharing Systems to municipalities and transit agencies, property managers and real estate developers, colleges and universities, military institutions, hotels, parks and other transportation related businesses. Additional information is available on the BikeShareSource website at http://www.bikesharesource.com/.

About CityRyde:

CityRyde is the largest, most recognized global bike share consultancy with a team of credible leaders and subject matter experts well connected to key thought leaders worldwide. CityRyde has traveled the globe testing, analyzing,and comparing the most prominent bike sharing implementations. CityRyde has built strong relationships with key government officials, an array of prospective customers, multiple universities, numerous vendors and a variety of bike share providers to develop an expert understanding of the bike share implementation life-cycle. CityRyde is currently developing a software package codenamed Oyster that will revolutionize the sustainable transportation industry by turning bike share rides into cash. CityRyde won the FastPitch! 2008 "Top Green Business" of the year award, was awarded the "Bicycle Friendly Business" award by the League of American Bicyclists and has been featured in Entrepreneur Magazine, US News and World Reports, and Fast Company amongst others. Additional
information: http://www.cityryde.com/

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Factors that may cause actual results to differ materially from those expressed or implied by its forward-looking statements include, but are not limited to, Power Sports Factory's limited operating history and business development associated with being a growth stage company; its dependence on key personnel; its ability to execute its business strategy; the intense competition it faces; risk associated with disruptions of its international supply chain; its exposure to product liability claims resulting from the use of its products; general economic and capital market conditions; its ability to raise additional capital; as well as those risks described under the heading "Risk Factors" of Power Sports Factory's Form 10-KSB/A, filed with the Securities and Exchange Commission on August 18, 2008. Although Power Sports Factory, Inc. believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct.

CONTACT: Power Sports Factory, Inc
          Steve Rubakh, President
          856.488.9333
          888.919.BIKE

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