Challenger Offshore Unveils New Sport Fish & Yacht Line at Bisbee's Black & Blue Tourney

WASHINGTON, Mo., Nov. 10 /PRNewswire-FirstCall/ -- Xtreme Companies, Inc. (OTC: XTME) (BULLETIN BOARD: XTME - News) announced today that it unveiled the new Challenger Offshore "Sport Fish" and "Mega Yacht" line of boats at the 25th Annual Bisbee's Black & Blue Marlin Tournament in Cabo San Lucas, Mexico from October 25-29. Bisbee's is the world's richest billfish tournament with more than $3.3 million in awarded prize money.

Challenger Offshore President Ron DiBartolo stated, "We couldn't have been more satisfied with the initial interest we have received so far from the unveiling of our new Sport Fish and Yacht lines. The boats we are introducing, range in size from 35 foot center console Sport Fish to the 97 foot Mega Yacht. There isn't a bigger or better venue than Bisbee's from which to launch these models. The participants and enthusiasts attending the tournament fit our target market to a 'T'."

Bisbee Co-Director Tricia Bisbee, commented "We were honored that Challenger Offshore selected our great event to launch their Sport Fish and Mega Yacht line of boats to the world. We look forward to seeing their boats competing in our event in the future."

About Bisbee's

Bisbee's Black and Blue Marlin Tournament is known as the world's richest billfish tournament. In 2005, more than $3.3 Million in prize money was awarded. Over 900 anglers and 185 boats represented all 50 US States, Columbia, Brazil, Germany, Israel, Japan, United Kingdom, Tahiti, New Zealand, Australia, Canada and Mexico. The average annual income per angler is more than $400,000 per year. For additional information please visit http://www.bisbees.com/.

About Xtreme Companies, Inc.

Xtreme Companies, Inc., through its wholly-owned subsidiary First Responder's, Inc., is engaged in manufacturing and marketing of mission- specific Fire-Rescue and Patrol boats used in emergency, surveillance and defense deployments. The boats have been marketed and sold directly to fire and police departments, the U.S. Military and coastal port authorities throughout the United States.

Additionally, Xtreme is the exclusive marketer and distributor for Marine Holdings, Inc. (MHI) d/b/a Challenger Offshore which manufactures semi-custom fiberglass boats of 19' to 97' in length, which include leisure, performance, fishing and motor yachts. MHI is best known for their products that compete directly with the industry's largest boat producers. Internationally known race driver and designer Don Aronow, credited as being the architect of the performance boat industry, designed and created some of the hull technologies today used by Challenger Offshore. Mr. Aronow has also been credited with creating companies such as Cigarette, Donzi, Formula, Apache and Magnum.

Xtreme holds an option to purchase 100% of the outstanding shares of MHI by March 2006. For more information you may visit please visit http://www.xtremecos.com/ and http://www.challengeroffshore.com/. Xtreme's public financial information and filings can be viewed at http://www.sec.gov/.

Forward-Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

  Contact: Michael Novielli
           Chairman, Xtreme Companies, Inc.
           ph  (845)575-6770
           mnovielli@xtremecos.com