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Edelbrock Corp. expands shock absorber license agreement.

TORRANCE, Calif.--(BUSINESS WIRE)--Feb. 25, 1997--Edelbrock Corp. (NASDAQ/NM:EDEL) Tuesday reported that it has expanded its existing agreement with California-based RICOR Racing and Development L.P., developer of the patented "inertia sensitive system" that is at the heart of the company's new line of Performer IAS(TM) shock absorbers.

The original agreement, announced in February 1996, gave Edelbrock, with certain restrictions, exclusive rights to manufacture and sell, under the Edelbrock name, shock absorbers using the Ricor system. Tuesday, the company reported that the agreement has been modified in four respects:

-- Geographic territory, previously limited to North America and the

Caribbean, is now worldwide -- with the exceptions of Central and

South America, Asia and the Far East and Middle East; these shall

be excluded for a specified time period with the understanding

that Edelbrock may acquire exclusive rights to these areas in the

future, subject to certain conditions.

-- The customer base, previously limited to the aftermarket, will

now include original equipment manufacturers ("OEMs") on a

case-by-case basis at the written request of RICOR L.P.

-- Aftermarket field of use, previously restricted to automotive,

certain sized trucks, Harley-Davidson(R) motorcycles, ATVs,

racing applications and motorhomes, will now be expanded to

encompass all wheeled vehicles, including bicycles and military

vehicle applications.

-- All research and development work, for both OEM and aftermarket

applications, will now be conducted by the company.

"We are excited at the opportunities afforded the company under the revised agreement," said Vic Edelbrock, chairman and chief executive officer of Edelbrock Corp. "It dramatically increases the potential market for Performer IAS(TM) shocks and, by bringing all R&D in-house, it will enable us to get current projects to market at a quicker pace, as well as expand our market platforms to cover a broader product mix."

Initial production of Performer IAS(TM) shock absorbers is expected to begin in March. "In delivering a previously-unattainable combination of superior handling and a smooth ride under an extraordinarily wide range of driving conditions," said Edelbrock, "these shocks will, we believe, greatly enhance the comfort and driving pleasure of virtually all motorists -- from urban commuters to off-road enthusiasts."

Founded in 1938, Torrance-based Edelbrock Corp. is recognized as one of the nation's premier designers, manufacturers, marketers and distributors of high-performance replacement parts for the automotive and motorcycle aftermarkets. In addition to several production facilities in Torrance, the company owns and operates a state-of-the-art aluminum foundry in San Jacinto, Calif., in which it manufactures many of its quality products.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.

Potential risks and uncertainties include such factors as the financial strength and competitive pricing environment of the automotive aftermarket industry, product demand, market acceptance, manufacturing efficiencies, new product development, the success of planned advertising, marketing and promotional campaigns, and other risks identified in documents filed by the company with the Securities and Exchange Commission.

CONTACT: Edelbrock Corp., Torrance

Jeffrey L. Thompson, 310/781-2222


Silverman Heller Associates

Eugene G. Heller/Philip Bourdillon, 310/208-2550
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Publication:Business Wire
Date:Feb 25, 1997
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