Regarding The Recent Incident Reported In The Media About Mr. Junichi Umemoto

Regarding The Recent Incident Reported In The Media About Mr. Junichi Umemoto

January 25, 2011

We have just received an Official Statement from J's Racing regarding the recent incident and felt that it was necessary to share it with all of our loyal customers and dealers, many of whom are just as concerned about this matter as we are. We would like to take a moment to offer our sincerest condolences to the injured party. We wish him and his family well during this difficult time and pray that he makes a quick recovery.

As a North American distributor for J's Racing we continue to stand firmly by Mr. Hisaaki Murakami and the Board of Directors at J's Corporation. We believe in their utmost integrity and sound business ethic, principles which are reflected in each and every one of their high quality products. We thank you for your understanding in this matter and look forward to your continued support and patronage.

Sincerest regards,

Tom Tang

Director of Marketing

& Public Relations

N1 Concepts Inc.

2505 Amaral Court

Hayward, CA 94544

www.n1concepts.com

Official Statement from J's Racing:

January 25, 2011

J's Corporation

C.E.O Hisaaki Murakami

To all the parties concerned:

This statement is prepared in response to the news "Junichi Umemoto Arrested" reported on the media.

We sincerely regret and apologize for all the trouble we caused to our customers and business acquaintance. At the same time, we earnestly hope a speedy recovery of the injured party.

As of now, we have not obtained the complete information and we are unable to report all the detail of the incident. However, it is a fact that Mr. Umemoto has been arrested and has been questioned by the police.

Upon this development, the board of directors removed Mr. Umemoto from the C.E.O and have elected Mr. Hisaaki Murakami as the replacement. The boards also have elected Mr. Masafumi Yagi as the general manager to succeed Mr. Murakami.

Starting today, with this new management, we resume the regular operation and make utmost effort to avoid the similar trouble to our customers, clients, and the business associates.

We are determined and committed to do whatever necessary to restore the trust from you.

We greatly appreciate and look forward to your continued support and patronage.

Very Sincerely,

Any inquiries regarding this press release should be addressed to: tom@n1concepts.com. Thank you.