T-Rex Vehicles Corp. signs Merger Agreement with Cirbin Inc.

April 11, 2008

T-Rex Vehicles Corporation and Cirbin Inc. are extremely pleased to announce the

signing of a merger agreement (the “Agreement”) dated March 21

st

, 2008, whereby T-

Rex and Cirbin, both Quebec-based three-wheel vehicle manufacturers, will merge in

exchange for shares in the amalgamated corporation (the “Transaction”). The coming

weeks will be spent consolidating the two companies and working on a unified strategic

plan for the future. The terms of the Agreement have not been disclosed but the

Transaction is expected to close early next week.

Ray Chehata, President of T-Rex stated, “We are thrilled to be working with

professionals who really understand the industry and have the ability to grow the

business and take it to the next level. Furthermore, we are pleased to be sharing the

same vision for the direction of our company. Our primary short-term objective is to

produce high-performance vehicles to meet our customer’s demand. ‘Driving’ sales and

reducing costs are the last pieces of the puzzle, and will be implemented as we

commence production shortly”

André Morissette, CEO of Cirbin stated, “We have been interested in merging the two

companies for some time and are excited about the synergies and strategic potential this

deal will likely provide. The merger will allow us to increase economies of scale and

scope, efficiently ramp up production, eliminate overlapping costs and functions and

focus on building our business. We will set into place a solid foundation, which over the

coming months, will allow us to build a global network and corner the market with a full

range of three-wheel vehicles. Simply put, this consolidation will position our company at

the forefront of this growing niche vehicle industry.”

Richard Groome, Chairman of T-Rex Vehicles added, “The merger was a strategic

decision with obvious and immediate benefits to both parties of the deal. We are all fairly

confident that the synergies created today will add exponential value to our existing

investors over the long-term. “

David Neault, COO of Cirbin stated, “This milestone achievement is considered a

fantastic development for all parties involved in the transaction. It significantly enhances

the amalgamated company’s market presence and breadth of offerings. The acquisition

has aligned the interests of two major players in the reverse-trike industry and has

poised the new company for solid growth.”

The new management team of the amalgamated company will consist of André

Morissette as CEO, Ray Chehata as President and David Neault as COO.

About T-Rex Vehicles Corporation