Boundless Motor Sports Racing, Inc. Board of Directors Approves Company Name Change to DIRT Motorsports, Inc.
NORMAN, OK, October 19, 2004 - Boundless Motor Sports Racing Inc., (OTCBB: BMSR) (Boundless) Chairman and CEO Paul A. Kruger announced that the Board of Directors has unanimously approved changing the Company's name from "Boundless Motor Sports Racing, Inc.", to "DIRT Motorsports, Inc." During the meeting the Board also approved the reincorporation of the company to Delaware. The Company's name change and reincorporation to Delaware will require shareholder approval in order to be effective.
"I'm very confident about the direction that we are taking with the Company," said Kruger. "DIRT Motorsports is a recognized leader in the industry with an established reputation and loyal fan base built in part by the wide variety of broadcast programs produced by our in-house studios including 'This Week on DIRT', 'Rush Hour on DIRT', DIRTvision's online race broadcasts and our new online talk-show 'DIRT Doggs LIVE'. Changing the name to DIRT Motorsports more accurately reflects our position as the dominant name in dirt track racing."
"The Company will continue to leverage and build upon its existing brands including the World of Outlaws Sprint Series, the World of Outlaws Late Model Series, and the DIRT Big Block Modified Series," said Bobby Hartslief, Boundless Chief Operating Officer. "While the World of Outlaws Sprint Series and World of Outlaws Late Model Series are still the foundation of the Company, we believe the name change to DIRT Motorsports will foster an environment that will enable us to expand the reach and popularity of all our dirt track racing series throughout the United States."
Once completed, www.dirtmotorsports.com will be the new official corporate web site address.
About Boundless Motor Sports Racing, Inc.
Based in Norman, OK, Boundless is a racing and sports entertainment company. Boundless is currently pursuing the acquisition of dirt motor sports racing sanctioning organizations, promotional organizations and racetracks in the United States. "World of Outlaws" is a registered trademark of Boundless Motor Sports Racing, Inc.
For further information on Boundless or this press release contact Terri Metzger, Public Relations at 405-360-5047 Ext. 113, email firstname.lastname@example.org or visit us online at www.boundlessracing.com, www.theworldofoutlaws.com, www.WoOLMS.com and www.dirtmotorsports.com.
Safe Harbor Statement
This release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive and technological factors effecting the company's operations, markets, merger and acquisition activities, products, services and prices, as well as other factors detailed in the company's filings with the Securities and Exchange Commission.