AirScooter Corporation

August 9, 2005

AIRSCOOTER CORPORATE EMAIL UPDATE:

AirScooter Corporation is pleased to provide you this copy of our first email update. In addition to updates to the airscooter.com web site, email updates will keep you timely informed of product and corporate developments. With this first issue we are very pleased to announce that AirScooter is a publicly traded company (Symbol: ASCO), see the full press release below. If you would like to indicate your primary areas of interest please do so at the bottom of this email update. If you do not wish to receive updates in the future please follow the instructions below. Recent media exposure has created tremendous interest in our company and products. We believe email updates are the best way to communicate our progress to the thousands that have contacted us. Thanks for your interest in the Future of Flight.

AIRSCOOTER CORPORATION BEGINS TRADING UNDER TICKER SYMBOL ``ASCO``. LAS VEGAS, NV, June 1, 2005 – AirScooter Corporation (OTC: ASCO), an innovator in new personal flight concepts, announced that it has begun trading under the ticker symbol ASCO. Information about the Company and its products can be found at http://www.airscooter.com. Pink Sheets LLC provides quotes and other information at http://www.pinksheets.com. AirScooter has developed three patented and patent- pending aeronautical products employing new applications of coaxial rotor technology. These products include the AirScooter sport recreational vehicle, featured in Popular Science Magazine and in a recent CBS’ “60 Minutes” segment, and the high- performance AirScout 70” Unmanned Aerial Vehicle targeted at the commercial and military markets. The Company’s wholly-owned subsidiary, AeroTwin Motors Corporation, has commenced pilot manufacturing of the patent-pending AeroTwin 65 horsepower four- stroke aircraft engine for the sport flight market. “We are pleased with this new development and we are excited about the prospects for our products,” said Dwaine Barnes, president of AirScooter Corporation. “We welcome the challenge to build shareholder value by growing our business.”