19 Jan. 2004
FOR IMMEDIATE RELEASE

At 1:00 p.m. on Wednesday, January 21, 2004
the media are invited to attend the launch of "The Year of the Hovercraft"
at Neoteric Hovercraft, Inc., 1649 Tippecanoe Avenue, Terre Haute, Indiana
…………………………..

During World Hovercraft Week 2002, Terre Haute, Indiana became Hover Haute for a week when former Mayor Judy Anderson re-named the city in honor of the event that brought participants from 18 nations to the Indiana city and earned it international acclaim.

To Chris Fitzgerald, organizer of World Hovercraft Week and President of Neoteric Hovercraft, Inc. in Terre Haute, the city's new name was not a temporary one.

Fitzgerald has spent the last 16 months launching ventures that will not only put Terre Haute on the map, but will make Hover Haute, Indiana – and the USA -- the world headquarters for hovercraft.

Those ventures include: the World Hovercraft Organization; HoverWorld Expo 2004 in Canberra, Australia; DiscoverHover, an international school hovercraft program; and Hovercraft Training Centers International – all headquartered in Terre Haute, Indiana.

HoverWorld Expo 2004
"The Year of the Hovercraft" will be officially launched at 1:00 pm. on Wednesday, January 21, 2004, when the Neoteric hovercraft that will serve as the "PaceCraft" for HoverWorld Expo 2004 will embark upon its journey via shipping container to Australia. HoverWorld Expo, patterned after World Hovercraft Week 2002 in Terre Haute, will take place Dec. 28, 2004 – Jan. 3, 2005 in Canberra, Australia. The Neoteric "PaceCraft" will be exhibited at museums and other venues throughout Australia until that time.

HoverWorld Expo 2004 is a function of the World Hovercraft Organization, founded by Chris Fitzgerald in 2003 and headquartered in Terre Haute. For more information, see www.WorldHovercraft.org.

Fitzgerald, born and educated in Australia, is Chairman of HoverWorld Expo. The event is designed to commemorate the World's First Hovercraft Race, held in Canberra in 1964. Fitzgerald was the youngest competitor in the 1964 event. Complete information about HoverWorld Expo 2004 may be found at www.HoverWorldExpo.com, and includes photo and video coverage of the World's First Hovercraft Race.

DiscoverHover
Fitzgerald is also the founder of DiscoverHover, the World Hovercraft Organization's international school hovercraft program. With the world's foremost hovercraft experts serving as an advisory board, DiscoverHover provides free hovercraft plans, instructions and educational materials to schools and youth groups throughout the world so that students can build a racing hovercraft and compete in local, regional, national and international hovercraft races.

DiscoverHover will pay the shipping costs for qualifying student hovercraft, giving them the opportunity to compete in the World's First International Hovercraft Endurance Race at HoverWorld Expo 2004 in Australia. Complete information about DiscoverHover may be found at www.DiscoverHover.org.

Hovercraft Training Centers Intl.
To further add to "The Year of the Hovercraft," Fitzgerald is also establishing Hovercraft Training Centers International. The first Hovercraft Training Center -- and global headquarters -- will be located on the banks of the Wabash River in Terre Haute and is expected to be operational before year's end. Hovercraft Training Centers will offer hovercraft rides and rentals to the public, provide training and pilot certification to both the recreational and rescue hovercraft market, and perform hovercraft sales and service. The web site for Hovercraft Training Centers Intl. will soon be completed at www.HovercraftTraining.com.

Neoteric Hovercraft, Inc.
2004 may well be the busiest year yet for Fitzgerald, who established Neoteric Hovercraft, Inc. in Terre Haute in 1975. His company created the light hovercraft industry and is now the most experienced light hovercraft manufacturer in the world. Neoteric hovercraft are the only hovercraft in the world with effective brakes and are recognized as the industry standard for recreational, rescue and commercial hovercraft.

Neoteric customers include the U.S. Border Patrol, Department of Homeland Security; National Parks Service; Army Corps of Engineers; Disney World: Huaihe River Commission, China; National Institute of Environmental Research, Korea; Esso Petroleum, Colombia, South America; and fire, sheriff and search and rescue departments worldwide.

Fitzgerald recently returned from Kuwait, where he trained pilots to operate the Neoteric hovercraft that are being utilized in a United Nations-commissioned survey of the shoreline to determine the pollution resulting from the 1990-1991 Gulf War oil fires.

For information about Neoteric Hovercraft, Inc. visit www.neoterichovercraft.com

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Contact: Chris Fitzgerald, President
Neoteric Hovercraft, Inc.
PH: (812) 234-1120
Email: hovermail@neoterichovercraft.com