American Quantum Cycles Announces New Touring Motorcycle Model.

MELBOURNE, Fla.--(BUSINESS WIRE)--Dec. 16, 1999--

American Quantum Cycles Inc. (AMEX:AFV), today announced a touring motorcycle named the Pioneer which will be available as a product platform, allowing customers to design their own personal Pioneer through the selection of numerous options. Earlier prototypes have received excellent responses from Dealers and consumers when shown at the Sturgis Rally and Biketoberfest in Daytona Beach, Florida. American Quantum has used State-of-the-art 3-D modeling CAD software to design proprietary saddlebags that provide sumptuous interior space while matching the curve lines of the fenders and frame. "There has been a very high demand for another American made, out-of-the-factory touring motorcycle, we are confident we have the product platform to fill that market gap," stated CEO, Rich Hagen. "We are already taking orders for the Pioneer and expect to begin delivery in January 2000," added COO, Gary Irving.

About American Quantum Cycles

American Quantum Cycles manufactures American-made, high performance, custom-made, cruisers and touring style motorcycles with state-of-the-art engines utilizing a patented four-valve head for greater power and lower pollutant emissions. Using a PC-based kiosk Intranet/Extranet system installed in dealer showrooms, customers can select a precise motorcycle design with options tailored to their requirements. For more information visit the Company's Web site at www.quantumcycle.com.

This release contains forward-looking statements that are subject to risks and uncertainties. Although American Quantum Cycles believes that the expectations reflected in its forward looking statements are reasonable, actual results could differ materially from those expectations. Important cautionary statements and risk factors that would affect actual results are discussed in materials filed by American Quantum Cycles with the Securities and Exchange Commission.