Fearless International to Deliver the First Boats to Its Dealership Network


MIAMI, May 29, 2007 (PRIME NEWSWIRE) -- Fearless International Inc. (OTCBB:FRLE), a luxury performance boat manufacturer with an exclusive collaboration with internationally renowned Porsche Design Studio, announces today that the Company will begin delivering the first production boats to its dealership network next week.

The Fearless 28 first debuted at the Miami Boat Show in February 2007. Since its debut, the 28 has received tremendous interest and press coverage, including features in Maxim Magazine and the June issue of GQ Magazine. Selected dealers will begin receiving their predetermined allotment of the Fearless 28 beginning next week.

Jeffrey Binder, CEO of Fearless International Inc., said, "To have the first boats coming off of the production line is a great accomplishment for our company. Interest in the boat has far surpassed its availability. The 28's customized elegance combined with state-of-the-art materials and construction methods has created a new standard of excellence in the luxury speedboat segment."

Fearless Yachts

Fearless Yachts is the forerunner in sleek design and custom luxury in the performance boat and go-fast yacht industries. For more information please visit www.fearlessyachts.com and www.fearlessinternational.com.

Porsche Design Studio

The Porsche Design Studio, a subsidiary of Porsche Design Group, was founded in 1972 by Professor Ferdinand Alexander Porsche. Since its inception, the company has created products that have won numerous awards at internationally renowned competitions for outstanding design quality. Today, the Porsche Design Studio is considered one of the most traditional and established studios in Europe. In addition to its work on behalf of the Porsche Design Group, the studio has been involved in the development of industrial and product design for other companies. For more information about the company, please visit www.porsche-design.com.

Safe Harbor Statement

This release may contain forward-looking statements. These forward-looking statements are neither promises nor guarantees, but involve risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. Readers should not place undue reliance on any such forward-looking statements that are based solely on information known as of the date of this release. Fearless International Inc. disclaims any obligation to update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements.


            

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