To: GC who wrote (14 ) 4/7/2004 10:27:00 AM From: GC Respond to of 17 Interactive Motorsports & Entertainment Corp. -- IMTS-OTCBB, With Its Officially Licensed NASCAR-Branded Entertainment is Featured by Scheft Ticks Financial Newsletter Wednesday April 7, 9:00 am ET HOUSTON--(BUSINESS WIRE)--April 7, 2004--Scheft Ticks financial newsletter has featured Interactive Motorsports & Entertainment Corp. (OTCBB:IMTS - News) and will follow the company for the next few months. Mr. Scheft states "Interactive Motorsports and Entertainment Corp. is poised to embark on a period of seemingly unbridled growth as it furthers its expansion of existing Racing Centers, as well as opening new Racing Centers, and selling simulators to other entertainment venues. With the Company's shares currently trading in the $.14 range, it seems apparent the financial community has yet to factor in the enormous growth and profit potential of IMTS' innovative product introductions and attractive revenue model. Our 12-twelve month target for shares of Interactive Motorsports & Entertainment Corp. is $1.00-$1.25, with potential for strong upside surprises." To see the entire report please contact Newport Media LLC at www.NewportMediaLLC@Yahoo.com or fax your request to 281-477-0071. To get all of the company information please go to www.smsonline.com. Mr. Scheft is an independent research analyst and editor of Scheft Ticks, an equities newsletter providing unique insight to the markets since 1987. Mr. Scheft has appeared regularly on CNBC and Financial News Network and is a weekly guest on GEM radio, along with several other financial programs throughout the country. -------------------------------------------------------------------------------- Contact: Newport Media LLC Richard Johnson, 281-477-0154 -------------------------------------------------------------------------------- Source: Newport Media LLC