July 16, 2007

Dear Saleen Enthusiast,

As most of you are aware, I recently resigned from Saleen, Inc.  It was with a heavy heart that I did so as this company has been my life’s work and the realization of so many of my aspirations.  My staff and your support over the years have pioneered an industry and proved that anything is possible. I believe in what we have built together and will never waiver in my loyalty to you.

It is important to me that you know that I have tremendously enjoyed having the opportunity to meet so many of you and in many cases made life long friends all over the country.  You have helped me build my dream, and, along with my staff, I consider all of you to be the spirit of Saleen.

My new position as CEO of ZXNA will be a monumental and challenging endeavor.  I am honored that I was asked to be a part of this historical achievement in bringing the first vehicles from China into North America.  Although, it appears to be a completely different role for me, the same principals apply when your goal is engineering for U.S. certification and dealer development.  Of course I will miss all that horsepower, at least for now, but my future does include more Steve Saleen vehicles and I will also be attending as many of my usual Mustang car show events as possible.  So please continue to bring those Saleens out so that I get an opportunity to meet even more of you!

If you have any questions for me, please feel free to post them on the SOEC website’s forums at soec.org and I will attempt to answer as many as possible.

Sincerely,

Steve Saleen